The online and print media is all agog and atwitter over today’s announcement that beleaguered and publicly pilloried Los Angeles Dodgers owner/executive Frank McCourt has finally reached an agreement to sell the bankrupt baseball team (and media rights) for 2-and-some billion bucks to a coalition that includes long-retired professional hoopster Magic Johnson.
While all that sports stuff was being hollered about Your Mama received a covert communique from a savvy and always exquisitely informed real estate industry acquaintance we’ll call Heidi N. Holmbyhills who divulged to Your Mama that Mister McCourt’s new ex-wife Jamie—the two were bitterly and expensively divorced earlier this year—has plans to significantly lighten her own extensive residential real estate load.
In addition to cash, prizes, a couple of delectable ocean front abodes in Malibu and a condo in Colorado, (ex)Missus McCourt was granted in her divorce sole ownership of the erstwhile couple’s primary residence, a humongous Neo-Something style pile directly across the street from The Playboy Mansion in the posh Holmby Hills area of Los Angeles between Beverly Hills and Bel Air. The McCourts bought the prominent property back in 2004 from the very dapper Babyface Edmonds for a newsworthy $21,250,000.
According to Heidi, (ex-)Missus McCourt has on the hush-hush recently allowed one of the Platinum Triangles fanciest and most successful real estate agents to discreetly show her heavily secured and gated Holmby Hills estate with a fat asking price of $65,000,000.
The Los Angeles County Tax Man shows the property spans 2.58 acres and is loosely described in divorce court documents published online (in .pdf form) as having—we paraphrase—15,000 square feet of interior space that includes, among other necessities and luxuries, 4 bedrooms, 10 bathrooms, a fully-equipped work out room, dance studio, guest quarters and a brand new, partially underground complex with Olympic-length indoor swimming pool and adjoining massage, dressing, showering, steam/sauna, and ablution facilities. Missus McCourt, it seems, is a dedicated lap swimmer and the estate’s outdoor pool was not suitable for her watery endeavors. The extensively engineered addition is shown under construction above (at right of image), but is now completed and fully landscaped. The new pool complex is essentially invisible from the motor court and lawn that covers the roof.
Mister McCourt and (ex-)Missus McCourt, for those who haven’t already heard the story, created a west coast whirlwind in 2004 when they swooped in from Boston and scooped the Los Angeles Dodgers from Rupert Murdoch’s NewsCorp for $430,000,000 and almost, as mentioned above, immediately shoveled out another $21,250,000 to acquire their Holmby Hills estate. They quickly spent another $6,500,000 to buy an adjoining estate with substantial Sunset Boulevard frontage and reportedly purchased for use by staff and guests.
At about the same time the McCourts moved to California they splashed out upwards of $6,000,000 on a 3 bedroom and 2.5 bathroom ski condo in Vail, CO. In 2007 the real estate high-hoggers shelled out $27,250,000 to snatch up an iconic John Lautner designed ocean front home in Malibu—bought from then-still-coupled Courtney Cox and David Arquette—and quickly tossed down another $18,975,000 to buy the perfectly charming but much less architecturally spectacular beach shack next door where (ex-)Missus McCourt received conditional permission to build an beachfront lap pool.
In August of last year (2011)—after they split but before their divorce was finalized in early 2012—the ferociously feuding McCourts sold the less lavish of their two Holmby Hills residences, an 8,000-plus square foot rambler with 8 bedrooms and 10 bathrooms on 1.63 acres. Records show the property was sold for $6,525,000 to a corporate entity.
The McCourts own (and maybe still own, we’re not sure) a number of other high-priced properties from Massachusetts to Cabo San Lucas. Your Mama spoke about these properties in greater detail back in October 2009 when we took a long spin through their famously extensive property portfolio. If any of y’all feel the need to dig deeper, grab a cocktail and take a turn through that very lengthy discussion.
aerial photo: Google