Cher Selling Sanctuary by the Seashore
by HauteLiving

Save up more than all your tears, gypsys, tramps and thieves, singer and pop icon slash diva, Cher, has put her 25142 Pacific Coast Highway property on the block for a whopping $45 million. The Malibu mansion, which the 62-year-old Oscar winner built in 1992, is a gargantuan Renaissance-style estate on a 74,918 square foot lot. on a bluff overlooking the Pacific Ocean, the 13.216 square foot villa (featured in Architectural Digest in 2002) has 6 bedrooms, 7 bathrooms, a theatre, a gym, and multiples verandas for those moonstruck nights. There is also a suspended tennis court with stunning bay views, an infinity pool, and a guest house. Overall, it has been redecorated in order to infuse a lighter, more beach-resort style. What might be most intriguing is that due to new Coastal Commission restrictions, such an unbelievable property could not be built today. Quite the real estate mover and shaker, Cher has bought and sold several cribs in the in recent years. In 2006, she snagged a condo in Los Angeles, and that same year she sold a waterfront spread in Key Biscayne, Florida for $8.8 million. She’s been busy in her professional and personal life, too. Since May, she’s been turning back time in Las Vegas with a one-woman residency show at Sin City’s Caesar’s Palace. And sources say Cher is stuck on her 38 year-old daredevil/biker/mountain climber boyfriend, Tim Medvetz, and will possibly wed sometime this year. If true, the marriage will be the Mask star’s third attempt at Holy matrimony-the first in 1964 to Sonny Bono, and the second in 1975 to The Allman Brothers’ Gregg Allman. As for the estate, the listing agent is Robert Kass of Hilton & Hyland in Beverly Hills, an affiliate of Christie’s Great Estates.
Via The Wall Street Journal
Located in the lobby of Time Square's new swanky The Sanctuary Hotel, the new coffee & French pastry bar Spresso Cafe allows hotel guests and visitors alike to have a taste of Europe in the heart of Midtown.
Bora Bora blends natural beauty and history into an unforgettable experience for those lucky travelers. What’s more, the Four Seasons Resort Bora Bora is home to the Ruahatu Lagoon Sanctuary, making it an ideal location for those who love snorkeling and wildlife.
Department store operator Takashimaya announced recently that it was selling three commemorative gold boxes for New Year “Osechiryori” food delicacies to mark its 180th anniversary.
New York Yankees managing general partner Hal Steinbrenner called a Daily News report that his family was selling the team “pure fiction” yesterday.
Hoffman recently divulged that he will be selling a portion of his shares in Facebook before its initial public offering.
Kyle Blackmon of Brown Harris Stevens Luxury Real Estate is about to make his second huge sale, a 10,882 square-foot monster duplex listed at $77.5 dollars. Blackmon recently sold Sandy Weill’s penthouse to the daughter of Russian oligarch Dmitry Rybolovlev for a whopping $88 million.
Five units are now on the market—including a $9.5 million penthouse—in L.A.’s celebrity studded, iconic Sierra Towers. Former residents of the famed 31-story West Hollywood high-rise include David Geffen, Sidney Poitier, Lindsay Lohan, Matthew Perry and Rachel Zoe. Elton John, Joan Collins, C...
Just six months after acquiring luxury condo building Trump Hollywood, its new owner BH3 is excited to report the rapid rate the condos are selling at.
Late Chinese artist Zhang Daqian has been named the best-selling artist at auction for 2011, followed by Qi Bashi who came in second. Six other Chinese artists also made the top ten list.