Actress Diane Keaton Lists at a Loss

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Real Estate Agent with COMPASS DRE# 01339266

Actress Diane Keaton (well known for her interest in restoring architecturally significant properties) is selling her property at 14148 W Sunset Blvd in the Pacific Palisades area of Los Angeles.

The property has been listed for $8.5 Million which indicates Keaton will be selling at a loss: she purchased the 1950's Lloyd Wright designed home in February 2007 for $9.1 Million.

The MLS listing describes the house as "an exceptional restoration of what was historically the "Alfred Newman Estate" by Architect Lloyd Wright".

The actress has also re listed her house at 820 N Roxbury Drive in Beverly Hills for $10,950,000.

She bought the house back in 2007 for $8.1 Million and worked with designers to restore the property.

The home, which was featured in Architectural Digest, was listed For Sale in 2009 for $12,995,000 and even though it was reduced to $11,495,000, it never sold.

There seems to be a fair amount of activity on Roxbury Drive right now with the immediate neighbor's house on the market for $12 Million and two other homes down the block being offered for $8.6 Million and $7.5 Million respectively.

Both homes above are listed by Westside Estate Agency in Beverly Hills. Photos courtesy of The MLS.

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Rainmaker
621,684
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

Showa no one is really immune are they???  I wonder if she is keeping her home in Laguna Beach...it was by a good friend of mines!!

Apr 26, 2010 09:57 AM #1
Rainmaker
268,276
John Thomas
E3 Green HOMES - Boulder, CO
EcoBroker, MSEE, MBA

Like Deborah said, it just goes to show that the market is affecting everyone all across the price spectrum.

Apr 26, 2010 11:21 AM #2
Rainer
232,345
Sara Woolford & Steve Golson, ALHS
iTexas Realty Co. - San Antonio, TX

WHAT? No Short Sale?  -Steve

Apr 26, 2010 01:36 PM #3
Rainmaker
186,230
Cameron Wilson
Labrum Real Estate - Murrieta, CA
The Short Guy - Murrieta,Temecula,Menifee Californ

A sign of the times and the market as taking a loss on property runs across all price ranges.

Apr 26, 2010 01:38 PM #4
Rainer
437,789
Terry Chenier
Homelife Glenayre Realty - Mission, BC

Stewart,

The more expensive the house, the bigger the drop. Same here.

Apr 27, 2010 02:52 AM #5
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Rainmaker
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COMPASS PALM SPRINGS | Stewart Penn

COMPASS Palm Springs - Broker Associate
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