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Market Summary for Miami

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Homes for Sale 3717
Land 263
Foreclosures 665
Rentals 990
Highest Avg Price $1,208,988
Lowest Avg Price $4,431
Total Listings 5372
Price Reduced 0

Top News in FL?

Jessica Simpson To Sell Beverly Hills Bachelorette Pad!
09/17/13 03:55pm

Celebrity Jessica Simpson is saying good-bye to her Beverly Hills bachelorette pad. The singer, fashion designer, and former star of the reality show Newlyweds has recently put her home on the market. After giving birth to her second child, she and husband Eric Johnson are reportedly looking for a home with more space. The couple is moving to a larger home in Beverly Hills, purchased from Sharon and Ozzy Osborne.

Simpson first purchased the Beverly Hills home in 2005, following her split from ex-husband Nick Lachey. The home has long been a Hollywood gem and has had quite a few celebrity owners. Ellen Degeneres purchased the home in 2001 and in 2003 sold it to Rick Yorn, the famous manager of several A-list celebrities, including Cameron Diaz and Leonardo Dicaprio. Simpson bought the home from Yorn for 5 million and is selling it for just under 8 million.

The 5,500 square-feet home features 5 bedrooms and 5.5 bathrooms and is as beautiful as it is spacious. It offers high ceilings in the formal living room and dining room, a restaurant-style gourmet kitchen attached to a breakfast room, and a large master suite with French doors leading to an expansive balcony with stunning views of the grounds. The first floor family room leads directly out into the heavily wooded backyard complete with beautiful landscaping. The home also features a library, an office, a home theatre, and a gym. And if you're looking for a serene retreat from the stresses of everyday life you only need to wonder out into the backyard, where you will find a beautiful, custom koi pond, a gated stone courtyard, and a lavish in ground, heated pool.

In spite of the fact that the home has passed through the hands of several celebrity owners it's like new, having recently undergone renovation and decoration by Rachel Ashwell of Shabby Chic Couture. With a light, feminine design, the home features a décor color palette influenced by clean whites and airy pastels. Ashwell also customized the home with a variety of eloquent and romantic details, including ebonized hardwood floors, a fireplace, and beautiful crown molding.

One of the home's many fabulous features is the privacy and security it offers to buyers. It is located in a private gated community in the Hidden Valley neighborhood of Beverly Hills, which is dotted with celebrity mansions. Nicole Kidman and Keith Urban recently bought a home in the same area and the house where Kimora Lee Simmons filmed Life in the Fab Lane is right next door. The home's lush and lavish landscaping provides an attractive and practical shield from the paparazzi and is one of the features that initially attracted Simpson to the home.

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