Luxurious celebrity houses might seem to be a sure sell, but once listed, many of them stay on the market for months or even years. Check out these 20 celebrity-owned properties and the reasons why they remain unsold for so long.
1. Michael Jordan's Chicago Estate
Jordan's Net Worth: $1.6B
House On the Market Since: 2012
Total Area: 56,000 ft²
Initial Asking Price: $29M
Current Asking Price: $15M
Located in Highland Park, Illinois, the former NBA star's luxurious property has been on the market for 9 years because of the sky-high asking price. Jordan even offered to throw in a pair of vintage Air Jordans, but it doesn't seem to have helped seal the deal.
2. Helen Hunt's Hollywood Hills Estate
Hunt's Net Worth: $75M
House On the Market From 2002 To 2020
Total Area: 4,000 ft²
Initial Asking Price: $9M
Selling Price: $8M
Surprisingly, the Oscar-winning actress never lived in the estate that she personally designed. The property features a tennis court, a swimming pool, and a wet bar. After 18 years on the market, the Mediterranean mansion was sold to singer-actor Rick Nelson in 2020.
3. George and Amal Clooney's Italian Villa
Couple's Joint Net Worth: $550M
House On the Market Since: 2021
Total Area: 9,000 ft²
Initial Asking Price: $100M
The power couple are looking to sell their Italian villa to avoid attention. Purchased at $14M in 2002, the spectacular and serene residence is estimated to have hit the market for $100M.
4. Jennifer Lopez's LA Mansion
Lopez's Net Worth: $400M
House On the Market Since: 2015
Total Area: 17,129 ft²
Initial Asking Price: $17M
Current Asking Price: $12.5M
JLO's extravagant mansion is everything a pop star could ask for, featuring a large dressing room, a dance studio, a recording studio, and a home theater. However, buyers don't see the design necessary for a residence. The gorgeous mansion is still sitting on the market.
5. Meghan Markle's LA Estate
Markle's Net Worth: $10M
House On the Market From 2014 To 2020
Total Area: 2,262 ft²
Initial Asking Price: $1.7M
Selling Price: $1.68M
Before Markle became the Duchess of Sussex, she and her then-husband Trevor Eagleson lived in this quaint LA house. After their divorce, the property was put on the market, but it took 6 years for the deal to be sealed.
6. Tom Cruise's Colorado House
Cruise's Net Worth: $600M
House On the Market Since: 2014
Total Area: 10,000 ft²
Initial Asking Price: $59M
For Tom Cruise, selling his spacious mountain ranch seems to be "Mission Impossible". The 9-bedroom and 7-bathroom house is covered in rare hardwood, but buyers seem not to be impressed with this feature.
7. Celine Dion's Jupiter Island Estate
Dion's Net Worth: $800M
House On the Market From 2013 To 2019
Total Area: 11,000 ft²
Initial Asking Price: $72.5M
Selling Price: $28M
Boasting 3 pools, 5 pavilions, 13 bedrooms, and 14 bathrooms, Dion's former Bahamian-style estate is nothing short of a paradise. In 2019, Miz Dion snatched it up for only a little more than a third of the asking price.
8. Kelly Clarkson's Tennessee Home
Clarkson's Net Worth: $50M
House On the Market Since: 2017
Total Area: 20,000 ft²
Initial Asking Price: $8.75M
Current Asking Price: $7.5M
Like most celebrity-owned mansions, songstress Kelly Clarkson's home features many bedrooms and bathrooms, which most homebuyers don't necessarily need. That's probably why it still remains on the market, despite the price cut by $1.25M.
9. Brad Pitt and Jennifer Aniston's Beverly Hills Estate
Aniston's Net Worth: $300M
Pitt's Net Worth: $350M
House On the Market Since: 2019
Total Area: 11,173 ft²
Initial Asking Price: $44.5M
Pitt and Aniston were one of the hottest Hollywood couples in the 2000s. But after their divorce, the dreamy mansion drastically dropped in value. The buyer who purchased this compound initially put it back on the market in 2019.
10. Elon Musk's LA Triangular Compound
Musk's Net Worth: $184.4B
House On the Market From 2018 To 2019
Total Area: 3,000 ft²
Initial Asking Price: $4.5M
Selling Price: $3.9M
The tech mogul Elon Musk surely knows his way around real estate. He has purchased multiple properties to make additional profits. However, it took a while for this triangular lot to be sold. Its uncommon shape might be slightly over-the-top for a normal residence.
11. Queen Elizabeth's Sandringham Country House
Queen's Net Worth: $600M
House On the Market Since: 1987
Total Area: 484,000 ft²
Initial Asking Price: $65M
Passed down to Queen Elizabeth II, the sprawling castle has been the royal family's rural retreat since 1952. Although it remains Her Majesty's private property, its registration as a historic site suggests an upcoming change of ownership.
12. Larry King's Beverly Hills Mansion
King's Net Worth: $144M
House On the Market From 2020 To 2021
Total Area: 10,810 ft²
Initial Asking Price: $17M
Selling Price: $15.5M
After 22 years of marriage, Larry King and his wife Shawn Southwick parted ways in 2020. Their appointed Tuscan-style mansion is embellished with symmetrically aligned stone columns and arched windows.
13. Faith Hill And Tim McGraw's Tennessee Mansion
Couple's Joint Net Worth: $135M
House On the Market Since: 2013
Total Area: 22,460 ft²
Initial Asking Price: $20M
The long-lasting Hollywood couple owns multiple properties, including this sprawling mansion in Tennessee. Despite the idyllic nature surrounding the castle, there hasn't yet been a buyer willing to take the deal.
14. Priscilla Presley's Beverly Hills Mansion
Presley's Net Worth: $50M
House On the Market From September To December 2020
Total Area: 9,000 ft²
Initial Asking Price: $16M
Selling Price: $13M
Built in 1951, the Italian-style house has been meticulously maintained, giving us an elegant feel with its perfectly trimmed trees and enclosed backyard. However, it remained unwanted until Presley dropped the price by $3M in December of 2020.
15. Britney Spears's Former Beverly Hills Villa
Spears's Net Worth: $60M
House On the Market From 2007 To 2012
Total Area: 7,800 ft²
Initial Asking Price: $6.8M
Selling Price: $2.2M
Pop singer Britney Spears moved into this quaint Italian-style villa with her then-husband Keven Federline in 2007. After their split, it took nearly 5 years for Spears to get rid of the house.
16. Michelle Pfeiffer's Bay Area House
Pfeiffer's Net Worth: $60M
House On the Market From 2018 To 2020
Total Area: 6,000 ft²
Initial Asking Price: $29.5M
Selling Price: $22M
Celebrity-owned houses usually require price cuts in order to sell, and Pfeiffer's lavish Bay Area mansion was no exception. It included an apple orchard, a tennis court, and a sparkling pool, but the various amenities didn't help Pfeiffer get a good deal from the buyer Paul Rudd.
17. Demi Moore's Manhattan Triplex
Moore's Net Worth: $200M
House On the Market From 2017 To 2019
Total Area: 7,000 ft²
Initial Asking Price: $75M
Selling Price: $45M
Located atop a tower, actress Demi Moore's former spacious triplex overlooks the entire Upper West Side of Manhattan, and features 5 bedrooms, with 14 rooms in total. Unfortunately, no one was willing to buy it for the whopping $75M asking price, so Moore had to drop the price by 40%.
18. Denise Richards's Calabasas Mansion
Richards's Net Worth: $12M
On the Market Since: 2015
Total Area: 8,500 ft²
Initial Asking Price: $7.7M
The TV personality's mansion boasts a large swimming pool, a wood-fired oven, and a waterslide. Though the house remains a tough sell, Richards has made some profit by renting it to celebrities, including Angelina Jolie.
19. Ellen DeGeneres's LA Condo
DeGeneres's Net Worth: $370M
House On the Market From 2014 To 2018
Total Area: 4,158 ft²
Initial Asking Price: $8M
Selling Price: $5.85M
The American talk show host has a knack for not only making people laugh but also flipping and reselling extravagant houses. However, many potential buyers were not a fan of the swanky restyling of the LA condo. It took 4 years for DeGeneres to offload this house.
20. Matt Lauer's New York Estate
Lauer's Net Worth: $80M
House On the Market Since 2019
Total Area: 19,000 ft²
Initial Asking Price: $44.8M
The former NBC anchor purchased the picturesque mansion from actor Richard Gere for $36.8M. However, because of his inappropriate conduct in 2017, his house was removed from the market.
Source: buzzaura.com
