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Diane Keaton's Former Home Sold At Auction

By
Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

Diane Keaton's Former Home Sold At Auction

Diane Keaton's former oceanfront estate sold after it reverted to the bank in December. The foreclosure auction brought $8.1 million for this Shaw's Cove mission style villa. It is the highest-paid sale in the year and the 5th in price for the city in the past two years.

The home was built in 1928 and has the cities highest historic rating "E". It is a 5 bedroom, 5 bath, 4390 sf home on a 12,175 sf lot, with ocean views and direct beach access.

When Diane Keaton owned the home she purchased it for $7.5 million in 2004 and sold it in 2005 for 14.5 million.

If you are looking for oceanfront estates or luxury homes call us.

Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Interesting...also interesting that she sold it at the "right time".

Jul 21, 2012 03:55 AM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Great price in today's market...Luck she sold it at the right time.  Thanks for sharing with us.

Jul 21, 2012 03:56 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Sea to Sky Premier Properties

Thank you for dropping by.

Jul 21, 2012 03:58 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

It is a great price for the market.

Jul 21, 2012 03:58 AM
Team Honeycutt
Allen Tate - Concord, NC

It seemed that she had very good appreciation while she owned the property. Also, nice that she picked a good time to sell the property. This was probably a property that offered a lot of good features.

Betty

Jul 21, 2012 03:59 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Nice profit for Keaton, unfortunate for the last owner though.

Jul 21, 2012 04:01 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

She did very well and made a good profit.

Jul 21, 2012 04:03 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Team Honeycutt

It is a great profit on the ocean.

Jul 21, 2012 04:04 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Lisa

Very true she did well but the next owner did not.

Jul 21, 2012 04:05 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Yes Tim that is true.

Jul 21, 2012 04:05 AM
Shanna Day Team Leader (UT & AZ)
Keller Williams SLC (UT) and Keller Williams Realty EV (AZ) - Park City, UT
Keller Williams Realty

Ok - all of you out there reading this blog post!   I need a $8,000,000 - $10,000,000 buyer for my ski-in, ski-out vacation rental in Park City UT.   It can either be purchased or rented a week at a time.  Who of you knows a celebrity, professonal athlete, ski-bum, or someone else wanting to live the resort life of Park City, UT?  It is such a wonderful home in such a wonderful town - Activities galore - 365 days a year!   

Jul 21, 2012 04:32 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Shanna

Blog the info with pics and you will get more results that adding a comment on a thread.

Jul 21, 2012 05:05 AM
Nancy Vitkovich
Keller Williams East Valley - Tempe, AZ

Great story!

Jul 21, 2012 05:05 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you for the your comment.

Jul 21, 2012 05:30 AM