Thursday, February 17, 2011

Britney Spears Hightails It to Hidden Hills

BUYER/LESSOR: Britney Spears
LOCATION: Hidden Hills, CA
PRICE: $12,900,000/$25,000 per month (list price)
SIZE:19,107 square feet, 10 bedrooms and 13 bathrooms

YOUR MAMAS NOTES: All the real estate gossips have been abuzz the last couple of days with rumors and reports that pop star Britney Spears is fixin' to pack up her kids and her unfortunate collection of Daisy Dukes and move to a massive mansion in the guard-gated and celebrity-friendly equestrian community of Hidden Hills in the far western suburbs of Los Angeles, CA.

Your Mama, ever the skeptic, checked with friend and informant Lucy Spillerguts who confirmed that Miss Spears and her posse will indeed decamp her rented mansion in a swank gated community in Calabasas, CA and set up house on a 3.39-acre village-like estate that includes a 19,107 square foot multi-winged manse and a mini-mall-sized entertainment complex with arcade, wood-paneled ballroom, a kitchen-sized wet bar, fitness center, poker playing room, guest quarters and a couple of staff apartments. Altogether, according to listing information, the compound has 10 bedrooms and 13 bathrooms, an unlucky number that would keep a superstitious housegal like our devoted but autocratic Svetlana from even stepping a single foot on the property.

The lavishly landscaped grounds include a paddling-pond with small dock, sunken tennis court surrounded by a stone balustrade, vast swathes of well-watered lawn, free-form swimming pool with grotto where the spa is situated.

The palatial property was previously on the market with an asking price as high as $18,900,000 and as low as $12,900,000. However, after kibbutzing with a few cohorts we're satisfied that Miss Spears actually leased the property, as was reported in the Wall Street Journal. We haven't a clue what she's actually paying each month, but the huge house was most recently listed at $25,000 per month.

The horsey Hidden Hills community is home to a slew of celebs who include Jennifer Lopez and Marc Anthony, Ozzy and Sharon Osbourne, Melissa Etheridge and the heartburn inducing Kardashian/Jenner clan. Until recently rock and roll princess Lisa Marie Presley owned and occupied a two-parcel compound in the upscale enclave.

The seller of Miss Spears new Tudor-style compound is construction mogul/private equity pasha Ron Tutor who joined a consortium of investors who include Rob Lowe who recently acquired Miramax Films from the Walt Disney Company in am astonishing $660,000,000 deal. Mister Tutor is well known among Los Angeles real estate followers and in September of 2008 the business baron made headlines when he dropped a heart-stopping $32,200,000 to purchase a not yet completed 27,000 square foot mega-mansion with 18 poopers in the unashamedly ostentatious guard-gated Beverly Park community tucked into the mountains high above Beverly Hills.

Mazel Tov on your new mansion Miss Spears. Now if you could only get rid of that mansion in the Beverly Hills Post Office. Although she hasn't occupied the property for quite some time, records show that Miss Spears still owns a faux-Tuscan mansion in the gated Summit community in the Beverly Hills Post Office area. This was the scene of much of her crazy back in 2006 and '07. Miss Spears has had the house on and off the market more times than Your Mama can count with a variety of prices, some of which represented a multi-million dollar loss.

listing photos: Partners Trust

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