May 23, 2013 at 1:26 PM ET
This week in celebrity real estate, Rupert Murdoch bought a nearly $30 million Bel Air home, Jennifer Lopez was in talks to buy a $10 million estate in the Hamptons and Hugh Hefner bought a home for his new wife.
Rupert Murdoch buys Bel Air Estate and vineyard
Rupert Murdoch has given mixed signals about wanting to own the Los Angeles Times, but he’s made it clear how he feels about his latest real estate purchase.
The media mogul is closing the deal on a Bel Air property, last listed for $29.5 million. While the sale is pending on the MLS, Murdoch decided to share the news on Twitter, saying “About to celebrate buying beautiful small vineyard in LA.”
While the vineyard might be small by wine-making standards, it’s a large parcel for Los Angeles measuring 13 acres. The land includes Moraga Vineyards and Winery, which Tom and Ruth Jones have owned since 1959. A 7,500-square-foot home built in 1940 by “Gone With the Wind” and “The Wizard of Oz” director Victor Fleming — as well as a wine cave, guest house and 4,400-square-foot office — come with the property.
According to Business Insider, Murdoch first checked out the listing after reading about it in The Wall Street Journal. Mr. and Mrs. Jones reportedly said they were “ready to pass on the vineyard to ‘someone who will carry on their story.’” Moraga is the first commercial winery to be bonded in the city of Los Angeles since the Prohibition ended in 1933.
“We are proud to be the ‘Vino Locale’ for Los Angeles as well as preservationists for our piece of rural California,” Tom Jones said in a quote on the company’s website.
While Murdoch doesn’t have experience owning a vineyard and is currently facing demands to step down as chairman of News Corp., he knows how to juggle multiple homes. He owns an 11-bedroom in Beverly Hills, as well as two New York City properties.
Jennifer Lopez buying Hamptons estate for $10 million
Jennifer Lopez might just be “Jenny from the Block,” but her newest block is a stretch of three acres in exclusive Water Mill, N.Y.
According to the New York Post, Lopez has toured the estate several times with her twins and current boyfriend, 25-year-old Casper Smart. Lopez reportedly paid $10 million for the home, which previously demanded $425,000 as a summer rental. Lopez has been looking for a Hamptons-area estate for years; there were previous rumors that she picked one up back in 2011, shortly after her divorce to Marc Anthony.
The singer and actress’ new place is not only luxe — a must-have for someone who brought in $52 million last year and is ranked above Oprah on Forbes’ Most Powerful Women List — but also incredibly private. Situated on its own cul-de-sac, the updated but classic estate is made up of two lots, with room for plenty of celebrity musts, like guest houses and tennis courts.
Built in 2004, the 8-bed, 4.5-bath measures 8,500 square feet. The landscaped grounds include a large pool, patio area and plenty of hedges to keep paparazzi at bay.
Lopez hasn’t purchased a home in quite some time. The entertainer still owns an enormous spread in Hidden Hills that she purchased with Anthony in 2010, as well as two homes in Glen Head, N.Y. The star previously owned a waterfront estate in Miami Beach and another home in Beverly Hills.
Coincidentally, Anthony also bought a home this week — but on the other coast. His new home is in Encino, Calif. and he spent about $2.5 million on it.
Hef buys new home for new wife Crystal Harris
Newlyweds Hugh Hefner and Crystal Harris may need to set a price limit for exchanging gifts. Shortly after Harris made her husband a homemade gift for his 87th birthday, the Playboy magazine founder dropped $4.995 million on a Hollywood Hills mansion for the 27-year-old Playmate.
The couple finally tied the knot in January. They’d been engaged for awhile, but Harris called off the wedding in 2011. Now the newlyweds have sealed the deal with their first real estate purchase. According to TMZ, Harris is a co-owner of the property.
The modern manse is constructed in a decidedly different style than the traditional and Tudor-esque architecture of the Playboy Mansion. The 5,917-square-foot home was built in 2011 with several modern amenities, as well as a view of the city lights. A gated entrance leads into a contemporary kitchen and up a floating wood staircase into a luxurious master bedroom and bath. Outside, a white-glass infinity pool and deck provide secluded relaxation while sliding doors out front provide open-air living space.
Hefner has lived in the famous Playboy Mansion for several years, but it may come as a surprise that the millionaire doesn’t own it. According to details of the lease, filed with the SEC as an appendix to his employment agreement, Hefner pays rent for the 29-room house.
With the Playboy Bunny House (across the street from Hefner’s not-so-humble abode) recently listed for $11 million, time will tell whether Hefner decides to make the Hollywood Hills home is primary residence.
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