Wednesday, March 28, 2012

Rumor Has It...

...fit-as-a-fiddle sitcom star (Cougar Town, Friends) and well-known real estate freak and design fiend Courtney Cox and her estranged actor/producer husband David Arquette have covertly off-loaded their architecturally thrilling mid-century modern residence in Beverly Hills, CA.

Patty Propertyseller—you may remember her from today's earlier rumors about Madonna's Bev Hills house—told us she heard the Trousdale Estates treasure, originally designed by by A. Quincy Jones and re-worked by talented lady architect (and A. Quincy Jones expert) Cory Buckner, was in escrow. Another source, let's call her Helen A. Hightower, whispered in Your Mama's ear that she heard the down-low deal was all but complete and the buyer is a scion of an illustrious and powerful American dynasty.

Property records don't yet reflect a transfer of ownership and neither of our plugged in sources slipped us a sale price but the children may recall back in mid-September (2011) we heard from trusted informant Ivana Blowarealestatewhistle that the erstwhile Cox-Arquettes were in stealth preparations to make their Trousdale Estates property available off-market with a sky-high but not, so was the consensus amongst Your Mama's compadres, unreasonable price tag of somewhere around $20,000,000. 

Make of this celebrity real estate smoke what you will but for now it's all just some rumor and gossip, kids, rumor and gossip.

Property record and other online resources reveal Miz Cox and Mister Arquette acquired the low slung, nearly five thousand square foot single story residence just minutes from the Sunset Strip and downtown Beverly Hills in mid-June 2004 for $5,450,000. The Bizzy Boys at Celebrity Address Aerial show the Cox-Arquettes also picked up the house next door in late 2008 for an undisclosed amount of money.

Last year Miz Cox spent $2,050,000 up a 1,672 square foot, high-floor condo crib at the star-studded Sierra Towers building for use as her in-town pied a terre, according to tattle tale Anna Falactic. The real estate, architecture and design aficionado recently completed a Michael Kovac (architect) and Trip Haenisch (nice-gay decorator) headed overhaul of a sprawling bluff-top compound in Malibu, CA she bought in early 2007 for $17,150,000 and had photographed in all it's glory for the July/August 2011 issue of Elle Decor.

Just prior to that acquisition she and Mister Arquette sold a rather heavenly John Lautner-designed house on Malibu's Carbon Beach to then-married now bitterly-divorced Frank and Jamie McCourt for $27,250,000. The McCourts quickly dropped another $19,000,000 to snatch up the much more modest beach shack next door. Speaking of Jamie McCourt and her over-stuffed property portfolio, stay tuned for a little real estate dish about her humongous house in Los Angeles' hoity toity Holmby Hills 'hood.

aerial photo (top): Pacific Coast News
swimming pool and view photo (bottom):  Cory Buckner Architects

18 comments:

Anonymous said...

I'd much rather have the Cox/Arquette beauty over Madge's faux Chateau.

Desert Donna said...

Its interesting that the Friends ladies Cox and Aniston seem to have the golden touch with Real Estate, and the men Perry and Schwimmer not so much. Cant wait to hear about McCourt Mama..especially in light of the Dodgers sale!

marlee said...

Hasn't Maria Shriver been house hunting?

Anonymous said...

This home is delightful with the primo corner lot in lower trousdale and that HEAVENLY round pool! As readers may or may not realize this is 20 millionish for a house that has no garage but a 3 car - carport which is direct views from the street.

Anonymous said...

For 20mil id want a long enough pool so I can actually swim...

Candy Spelling said...

Obviously we do, Mr. Grouchy Pants! And watch your language, or Mama will give your flabby ass a long meeting with the wooden spoon.

lil' gay boy said...

Desert Donna, good observation, especially Perry & Schwimmer.

Glad to see that this MCM gem hasn't been demolished --- yet.

The lot size isn't exactly huge, but it's well-sited and room enough to swing that mean ol' pussy Sugar, as one is wont to do. And I never liked a round swimming pool -- until now.

Carla Ridge said...

Great house, fabulous promontory, and off the beaten -- and dangerously freeway-like drags of Loma Vista and Hillcrest. I've loved this house since the Cox-Arquettes were in high school! Glad it was in the hands of sincere architectural stewards up till now...and I'm praying the new owners bought it for its extant qualities rather than gut potential. I cannot take another Casey Wasserman moment right now.

Anonymous said...
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Anonymous said...

Your Mama, could you give us a non.resized Pacific Coast News image?

Anonymous said...

That pool is fabulous. Completely impractical and a tremendous waste of space, but fabulous nonetheless.

Anonymous said...

I'm sorry, but this house looks like a dump. Hideously overrated.

Anonymous said...

I wonder where David Arquette will live now? If Court and their daughter live in the Malibu house, i don't think they own any other houses besides that one adjacent to this one that's up for sale. Maybe he'll move into the Sierra Towers apartment.

Rosco Mare said...

Carla Ridge

What's the skinny on Casey Wasserman? Is he fiddling with his late grandparents' MCM showplace down the hill from your fabled hood?

Mama Dearest? What's going on?

Carla Ridge said...

Cher Mare -- all I can say right now is, A) we're looking into the actual, factual state of the estate and B) we're very worried. But my level of preservation detective work borders on Lucy-and-Ethel so it's a little hinky. HOPE TO GOD it's much ado about nothin' -- as opposed to "Adieu! it's down to 'bout nuthin'!"

Rosco Mare said...

Mama Dearest, Carla Ridge, and fellow children, speaking about "it's down to 'bout nuthin.'"

The LA Historic Theatre Foundation is staging a protest demonstration of the pending demolition at the very historic Pickford - Fairbanks (aka Warner Hollyood, among others) studio at the corner of Santa Monica and Formosa in West Hollywood. Sunday, 4-1-12, 1:00 pm.

Sierra Margarita said...

Awesome! I've always wondered who lived here (I have a spot on view of the pool and backyard from my secret cig-spot) I wonder if they haven't lived here in some time, as i've never seen anyone other than gardeners... Please update on scion status!

Hernandezexjv said...

Your Mama, could you give us a non.resized Pacific Coast News image?