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My Thoughts on

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What Kinds of Real Estate Do Celebrities Buy?

29/9/2023

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ROD STEWART, ROCK SINGER, BRIT, WANNABE SCOTSMAN

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Fun post – ageing British rocker Rod Stewart is selling his Los Angeles home.  And it’s a beauty...in a decadent kind of way.
 
The estate is roughly three acres large in the gated area of North Beverly, a hilly section of LA that is littered with very expensive real estate owned by very wealthy celebrities. 
 
It has a pool and soccer pitch. Nothing too special about that. It’s the main house that wins the ticket for excessive opulence in a city that reeks excessive opulence in the most exclusive parts of town.
Stewart’s house looks like no other building I’m aware of in the city. It’s designed as a replica French chateau containing elaborately patterned marble floors, crystal chandeliers, rich fabrics, intricate wood paneling, lashings of molding across the ceilings and walls, Corinthian columns, and manicured grounds.
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"A return to maximalism", so the selling realtor says.

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Wood-panelled library

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Formal dining room with patterned marble floor

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The great room, with a piano on a raised platform area

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Kitchen

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Living room with terrace

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Private bar with wood panelling & patterned marble floor

The presentational fountain in the front driveway is quite something too.
 
In addition to the main house, the property also features two gyms and a three-storey guesthouse.
 
Records show that Stewart bought the property for $12.08M in 1991. He has listed it for $70M in 2023.
 
If you’re too young to know who Rod Stewart is, look on YouTube for his hits Maggie May (a creepy but catchy song about underage sex – you could get away with that in the 1970s), Hot Legs (just what you’d expect) and Do Ya Think I’m Sexy? (no further comment needed.)
 
Rod Stewart is 78 and loves to claim he’s Scottish despite being born in London and rarely travelling north beyond Hadrian’s Wall. Records show he also owns a home in Palm Beach, Florida.
 
As opulent as the house is, the asking price of $77M is unlikely to be reached. Mark Wahlberg lived in the same area and, after listing his stunning home this year for $87.5M, he ended up selling for $55M.

Again, if you’re young, Mark Walhberg (actor) and 90s hip-hop artist Marky Mark (& the Funky Bunch) are one and the same person. Google it!
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    Cameron Morrell

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