celebrity real estate

Why Can’t I Buy a Cozy, Posh Pad in Beverly Hills Like Gwen?

Well, Gwen Stefani didn’t buy just any house, she bought Jennifer Lopez’s former house.  And it’s way out of our budget - I mean WAY OUT THERE!!!

The ‘Rich Girl’ singer and her husband, rocker Gavin Rossdale, have splashed out just under $15.5 million for the Beverly Hills home.

The seller, film producer and businessman Sam Nazarian, has confirmed the star couple have paid the massive sum for the four-bedroom house, situated in The Summit, a lavish development built in 1998 near Mulholland Drive.

Nazarian - who bought the property from J.Lo in 2004 for a reported $12.5 million before putting it on the market for $15.5 million in April - said: “We anticipated it taking a little bit longer to sell.

The 2 acre property comes complete with a tennis court, basketball court, pool room and film screening room and is completely gated off to the public. Gwen and Gavin - who celebrated the birth of their first child together, son Kingston, in May - are expected to move in within the next few weeks. Seller Nazarian who owns a chain of hotels, restaurants and nightclubs, is moving to the Hollywood Hills, next door to ‘Titanic’ star Leonardo DiCaprio.

Denise Richards puts House up FOR SALE

Denise Richards put her 7,400-square foot Westlake Village home up for sale. The six-bedroom house overlooking a golf course is listed at $4.3 million.

Heather Locklear, who lives down the street, introduced Richards to the house, however their friendship soured when Richards took up with Locklear’s estranged husband, rocker Richie Sambora.

Richards, 35, paid $4 million for the two-story house which sits on 1.2 acres, complete with a pool, spa, three fireplaces, breakfast area, patio, deck and a minimum four-car garage.

Paris Latsis Buys New Beverly Hills Home

Greek shipping heir Paris Latsis, the former fiancé of Hilton hotel heir Paris Hilton, bought a newly-built Beverly Hills home for $9.2 million.

The 26-year-old grandson of Yiannis Latsis was represented by Valerie Fitzgerald and Kathy Villa of Coldwell Banker, Beverly Hills and Stephen Shapiro of Westside Estate Agency, Beverly Hills.

The three-story, five-bedroom, 5 ½ bathroom, nearly 7,000-square foot home comes with a courtyard entrance that opens to a staircase made of glass and stainless steel, walls of glass and a bar.