Friday, May 14, 2021

Once Listed at $35 Million, the Sprawling. Five-building Suzanne Somers Estate in Palm Springs, CA Now Going for $8.5 Million

 

Suzanne Somers (in earlier times)

PALM SPRINGS, CA -- The glamorous and sensual estate that Suzanne Somers and her charming TV-host-husband, Alan Hamel, created in Palm Springs and enjoyed for decades, has sold.

             Suzanne and husband Alan Hamel

 On and off the market over the years, it was relisted in January at $8.5 million, a dramatic price cut from its original $35 million in 2008. According to the New York Post, the sale contract was written at the full $8.5 million asking price.

Suzanne Somers' estate perched on a hill spanning 28 acres
and overlooking Mesa Canyon from Palm Springs, CA

A combination of the girl next door, a sexy blond bombshell, and a successful businesswoman, Suzanne has been a whirlwind since the 1970s, first, as the ditzy, Chrissy Snow, on Three’s Company and then as the motherly entrepreneur, Carol Lambert, on Step by Step.



Albert Frey

 In between, her life included marriage to Hamel, Playboy pictorials, spokeswoman for Thighmaster, best-selling author, breast cancer survivor, and a hot grandmother of three. Somers and Hamel have had one of the longest and most romantic marriages for decades and are still going strong.


 

Their longtime love nest perched on a hill spanning 28 acres and overlooking Mesa Canyon probably had something to do with the magic, states TopTenRealEstateDeals.com.



Modeled after L’oustau De Baumaniere in Provence, France, the couple combined their love of nature and elegance with the use of contrasts.



Twinkling crystal chandeliers hang in rooms of natural rock and reclaimed wood - rough against smooth, hard against soft - all in perfect balance.



There are five buildings to explore with 10,000 square feet of pavilions. One houses the master suite, a dining room that seats 32, the living room, a separate two-room kitchen, a 2,000-bottle wine cellar, and a stone guest house designed in the 1920s by Albert Frey.


Bobby Boyd 

There is also an outdoor amphitheater carved into the mountain that seats 50 and has a dance floor, as well as a pool, spa, hiking trails, and a natural waterfall that spills musically down the hillside. House access is via a private funicular, a golf cart, or a hillside of stone steps.

The couple, Suzanne now age 74, and Hamel age 84, are building another smaller home nearby and will stay in their current home until it is completed.

Josh Flagg 

The current house has too many steps and after she and Hamel recently fell down the steps requiring neck surgery for her, their new house will be easier to negotiate.

The new home will also use ecological building materials in its construction. The romantic pair are selling one love nest, but creating another one with all the magic that Somers excels at creating.

The property is listed with Josh Flagg and Bobby Boyd of Rodeo Realty, Beverly Hills.

 

CONTACT:


Genelle C. Brown
Content Manager, Media Division

TopTenRealEstateDeals.com
Phone:  336-459-3728

Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

 

YouTube: https://youtu.be/0-1eEbQkHYk
Photo Credit:  Douglas Elliman
YouTube Credit:  Sean Evans, @evvo1991 backtothemovies.com/
Source: www.toptenrealestatedeals.com

 

Champion Real Estate Co. Acquires Former Fraternity House Near University of Southern California for $8 Million

Former fraternity house, re-named Victory House,
668 West 28
th Street, Los Angeles, CA
 

 LOS ANGELES, CA, May 14, 2021 — Champion Real Estate Company (“Champion”), announced today that it has acquired a former fraternity house located at 668 West 28th Street in Los Angeles from Wall Street Properties, LLC for $8 million. 

 The property, located on Fraternity Row of the campus of University of Southern California, will be rebranded as Victory House. This building is the company's fifth student-housing property near the University of Southern California campus.

Garrett Champion

Champion Victory House, LLC, a subsidiary of Champion, will begin immediately on a complete overhaul of the 1906 constructed building which has seen several renovations over the years.

 Victory House will feature two community lounges and a study lounge.  It will be leased by the bed and all beds will be fully furnished including televisions and Sonos soundbars.

Michael Fukushima

"Despite the current student housing climate caused by the COVID pandemic, we at Champion believe now is a great time to acquire and renovate a property like Victory House near a top tier University in a severely supply constrained market," said Garrett Champion, Executive Vice President with Champion Real Estate Company.  "We will continue to look to acquire communities that fit ourbusiness plan."

Stephen F. Watson

Champion went on to say “the company operates three other student housing communities at USC under the Victory brand including Victory on 30th, Victory on Ellendale and Victory on Portland. 

"Champion also obtained entitlements for a 102-unit community behind Greek Row at 806 West Adams Boulevard.”

Michael Fukushima and Stephen F. Watson of KW Commercial represented Champion and the seller.

About Champion Real Estate Company

                Founded by Bob Champion in 1987, Champion Real Estate Company is a family operated company which invests its own money alongside third-party investors across the risk spectrum of real estate in key primary markets across the United States.

Bob Champion 

Over the past 20 years, Champion has achieved over a 20 percent annual compounded return on investor equity by acquiring core plus, value add and opportunistic multifamily, retail, office, student housing and mixed-use properties. 

 

CONTACT:


David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

www.ChampionRealEstateCompany.com.

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

Ascent Golf Villas in Scottsdale, AZ Exceeds $40 Million in Sales, Highlighting Demand for Luxury Properties


Leslie Jenkins

 SCOTTSDALE, AZ, May 14, 2021 – Ascent at The Phoenician® is now releasing its luxury mountainside condominium residences for sale following the early sales success of its Golf Villa homes. 


Situated at the base of Camelback Mountain, overlooking the Phoenician® Golf Course and located adjacent to The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizonathe private, gated community of Ascent has become one of Arizona’s most coveted new luxury real estate offerings. 


Joe Bushong and Leslie Jenkins of Russ Lyon Sotheby’s International Realty are the listing agents for Ascent at The Phoenician®.


Following the community’s early sales success of the Golf Villas, Ascent at The Phoenician® is now introducing their next release: an intimate residential building of 40 luxury condominium residences on Camelback Mountain consisting of one-bedroom plus den, two-bedroom, two-bedroom plus den, and three-bedroom plus den plans. 


Joe Bushong 

Prices are estimated to range from $1.5 million up to $5 million. An opportunity to get on the VIP Priority List to receive early information, plans, and preliminary pricing is now open.

 “These modern residences offer buyers the chance to live in a private, gated community that provides the freedom and benefits of luxury living in one of the most revered locations in Scottsdale,” said Todd Patrick, Replay Destinations’ vice president of sales and marketing. 

The Ascent Golf Villas have sold over $40M just two months after opening for sales. The initial offering of 30 Ascent Golf Villas began selling in mid-February. 


Todd Patrick


The Golf Villas include homes ranging from two-bedroom to three-bedroom plus den/office plans, extensive indoor-outdoor living, private two-car garages, and views of both the golf course and Camelback Mountain. Current prices range from $1,975,000 to $2,895,000. Construction of the Golf Villas is now underway.


“The ability to live in a private community adjacent to The Phoenician®, overlooking the first fairway of The Phoenician® Golf Course, next to Camelback Mountain and in a home that offers the rare combination of both luxury and low maintenance living is a once in a lifetime opportunity,” said Jeremy Pfile, director of development for Replay Destinations. 


Jeremy Pfile


The Ascent Golf Villas have attracted buyers from the local Phoenix and Scottsdale area and from various states such as California, Illinois, Wyoming and Washington.

 

 For more information on the remaining Golf Villa homes or to register for updates including Priority Registration for the first release of mountainside condominium residences visit ascentatthephoenician.com or call 480-534-4086.

 

 

CONTACTS:


Michelle McGinty, DRA Collective

Tel: (310) 704-7834

michelle@dracollective.com


 www.replaydestinations.com 


Rachael Myer Curley, Account Director      
717 E. Maryland Ave., Suite 110 | Phoenix, AZ 85014 
Ph: 602.956.8834 | C: 480.560.3255
www.dracollective.com