[one_fourth]Size: 10,594 sq ft[/one_fourth]
Even though the price is fuzzy, there’s an opportunity to the home of film stars, Warren Beatty and Annette Bening. Some reports show the 10,594 square foot home is renting for $27,500 a month, while others show a discounted price of $25,000. So what’s a few thousand if you want to sleep in the same room that the iconic couple shared?
The couple purchased the Beverly Hills mansion they’re about to lease back in May of 1996, two years after an earthquake demolished their home on Mulholland Drive. However, through the years of repair, replacement, renovations and procurement of a few extra parcels surrounding the shaken property, they’re ready to move back to the original Mulholland Drive address, but still have the Beverly Hills mansion in their real estate portfolio.
Unlike many of the celebrity homes for rent, this one is devoid of any glitz and personal items that might attract a well-appointed fan. The décor and furnishings often promote a rental or block the lease signing. In this case, a little staging might have been useful. Maybe the Beatty/Bening team surmised that if there were furniture, they’d have to rent to those looking for a short one-month thrill and wanted a more permanent occupant. Either way, this is one of the many high profile homeowners renting their property rather than selling it in a depressed real estate market. Luckily, they probably have the cash to hold out until the market revives.
The interior is spacious and filled with arching doorways, parquet wood floors, a spiraling marble and wrought iron staircase and other amenities you’d expect in a high dollar home. There are his and hers walk in closet you could live in, if there were a bathroom and microwave in it. The many windows and French doors allow volumes of light to enter the rooms, making them less sterile and somber, something that can occur in large empty mansions.
If you’re a fan of the outdoors, you’ll love the swimming pool and spa area outside and the brick and natural paths through the woods. The sunroom on the second story with a balcony for those days the cool breeze draws you outside for your morning coffee, is another big draw for the rental. However, if you’re spending $25,000 to $27,500 a month, with the real estate prices interest rates lower, it would make more sense to purchase your own McMansion.
The monthly outlay would be only $700+ more than the lowest rental price and far under the highest price quoted. But then, there’s that pesky question of where to find the 10 percent down payment.