Property Profit

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Monday, 31 December 2012

Your Mama Hears...

Posted on 12:08 by Unknown
...from a snitchy real estate canary in Beverly Hills—let's call her Mercedes Benz—that billionaire multi-media mogul Oprah Winfrey recently and very quietly shelled out somewhere in the neighborhood of $14,000,000 for a spacious Platinum Triangle pied-à-terre condo atop the swanky five star Montage Beverly Hills hotel and residences. 

Fourteen million may sound to some like a lot of dinero for a condo in downtown Beverly Hills—and it is—but the skeptics amongst us might keep in mind that philanthropic oil heiress Ariadne Getty also recently coughed up just over $14,000,000 for a 5,781 square foot seventh floor sprawler with, according to listing information we dug up on the interweb, four bedrooms, 6.5 bathrooms, four deeded parking spaces, several private terraces, panoramic over-the-rooftop city views and monthly home owner's association dues of $5,549.

The resident owners of the 20 sumptuous condos perched on the top few floors of the Spanish Colonial Revival/Mediterranean style hotel have a private entrance separate from the hotel lobby so they don't have to mix it up with the hotel's well-heeled hoi polloi. Residents also have 24-7 access to all the services and amenities of the posh and pet friendly hotel including concierge services, state-of-the-art security, valet parking, fitness and spa facilities, a roof top pool and terrace and—natch—laundry and shoe shine services. The hotel's extensive website elaborates that the pampered condo owners also have available additional white glove services and amenities such as "baggage storage and shipping, packing and unpacking, couture wardrobe maintenance and alterations, grocery and wine deliveries, private cooking classes and nutritional menu planning, private dining or at-home entertaining, pet care, car storage and maintenance, and home maintenance, repairs and installations."

Listen, kitten-kaboodles, as of today Your Mama finds zero evidence in any of the various property record data bases we regularly consult of said condo acquisition in Bev Hills by Miz Winfrey and none of our usual trusted informants have been able to second this motion. That means this is all—for now—just some juicy celebrity real estate rumor and gossip, okay? 

What isn't rumor or gossip is that spendy Miz Winfrey maintains prodigious property portfolio of private residences that include a four-unit duplex penthouse atop the mixed-use Water Tower Place complex on Chicago's Miracle Mile; a 42-acre spread in Montecito (CA) for which she paid $42,000,000 and humbly dubbed 'The Promised Land'; and an ever-expanding ranch on Maui that, as of June 2012, encompassed 30-plus parcels that total almost 800 acres and all combined cost, by Your Mama's rudimentary calculations, at least $44,000,000 and perhaps as much as $60,000,000.
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