[one_fourth]Price: $5,00,000 ish[/one_fourth]
[one_fourth]Size: 7,146 sq ft[/one_fourth]
[one_fourth]Bedrooms: 5[/one_fourth]
[one_fourth_last]Bathrooms: 5.5[/one_fourth_last]
There’s something amazing about celebrities, including reality TV celebrities, which is a whole “nuther” category in my book. No matter how broke they are, or how financially ruined, they still land on their feet and live in the lap of luxury. Just one year after the bank started foreclosure proceedings, forcing reality show star of “The Real Housewives of Orange County,” Alexis and Jim Bellino to short sell their property for $3 million, incurring an equal amount of loss and not covering the $4 million plus mortgage, they’re living in new quarters. On top of that, Jim’s company also filed bankruptcy.
Living in a new house is reasonable, unless that home costs more than the one they lost due to lack of funds. On the reunion show of “Real Housewives of Orange County,” Alexis noted they were buying a new one and this time paying cash. The new home listed for several prices with a range between $4,999,999 and $5,900,000. Did they buy the property?
Some speculators note that since the records online show it belongs to the original seller, they may have simply leased it. However, there often is a lag between a closing and the updating of online records. So, they mystery remains. If they did buy the property, this writer wants to find out how they managed and whether they keep a magic genie captive in a bottle.
The home is a 7,146 square foot Mediterranean-style five bedroom, five and a half bath home. It has three levels and even an elevator for those adverse to any physical activity. There’s an access to a private beach, an eight-car garage and a state of the art kitchen. Each room comes complete with an ocean view, except the windowless media room on the lower level.
While the home is attractive, the mystery remains. Did Alexis and Jim buy the home or lease it? If they bought it, how can they afford an even more expensive house than the one they lost to a short sale and almost foreclosure?
More Pictures of Alexis Bellino’s California Mansion
image source: movoto
