Trulia Luxe Living, internationally beloved bubble gum pop star Katy Perry has finally found a buyer for Park Hill, her real estate white elephant in West Hollywood (CA), also sometimes referred to as The DeWitt Mansion after the home's original property developer owner.
Miz Perry purchased the centrally located estate with her ex-hubby, British comedian and giddy provocateur Russell Brand, in June 2011 for $6.5 million. They split before they moved into the three-story, 1920s Mediterranean that was granted to Miz Perry in their divorce.
Perched on a gated promontory just about the mouth of the West Hollywood end of Laurel Canyon, the three acre estate includes a 8,835 square foot main house plus a detached garage, pool house, and—on the steep hillside above the lagoon-style swimming pool, a self-contained one-bedroom and one bathroom guest house with separate entrance.
The somber and even somewhat gloomy (and very beige) house includes 7 bedrooms, 7 full and 4 half bathrooms, a double height living room with minstrel's gallery and city view, a formal dining room with a hand-stenciled honeycomb pattern ceiling treatment.
The price eventually dropped to $5,988,000 before an as yet unidentified buyer turned up to buy the property for an as yet unknown price. Our calculations show that even even she sells if for full price Miz Perry will lose well over half a million clams when one considers the purchase price ($6.5 million), upkeep and other carrying costs, and real estate fees.
Rather than occupy Park Hill, Grammy-collecting Miz Perry opted to drop $11.2 million on a multi-residence high in the Hollywood Hills.
listing photos: Teles Properties