Welcome!




Expand Your Education with These Courses from
At Home with Diversity.
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
A Consumer Advocate Approach to Real Estate: Course 1.
Time Management: Skills for Sales Success: Part Two.
A Consumer Advocate Approach to Real Estate & Mortgages: Courses 1 & 2.

Hot Property: Reese Witherspoon Lists Ojai Ranch

Have a comment on this article? Share on Facebook!

By Lauren Beale

(MCT)—Reese Witherspoon is banking on her own brand. The Oscar-winning actress listed her Libbey Ranch in Ojai, Calif. for sale this week at $10 million and lent her name to the marketing materials.

Designed by architect Wallace Neff, Witherspoon’s ranch was originally built in 1923 as stables for glassware titan Edward Libbey. Details include original hardware, turrets, wrought-iron railings, original stonework, original plank floors, arched windows and alcoves and colorful Spanish tiles.

The two-story main house features beamed ceilings, an oversized fireplace in the two-story living room, a library loft with a fireplace, four bedrooms and 3 ½ bathrooms. Three guest cottages, a carriage house, a swimming pool, a barn, stables, pasture land and mature oaks complete the 7 acres of grounds. There are nine bedrooms, five full bathrooms and two half-baths.

Witherspoon, 36, appeared in “Legally Blonde” (2001), “Sweet Home Alabama” (2002) and “Walk the Line” (2003), for which she won her best actress Oscar. More recently she starred in “Water for Elephants” (2011) and “How Do You Know” (2010). She will star in the upcoming movies “Mud” and “Devil’s Knot.”

The film star married talent agent Jim Toth at the estate last year and is expecting a baby. They use the ranch as a second home.

It’s not the only property to which Witherspoon is legally bound. She owns homes in Los Angeles and Tennessee.

Witherspoon bought the ranch in 2008 for $5.8 million, according to the Multiple Listing Service.

Rocker Sells Two Condos in the Wind

Pop legend Elton John and his civil partner, David Furnish, have sold their two Sierra Towers condos in West Hollywood for $4.65 million.

The smaller unit features one bedroom, 1½ bathrooms and 1,151 square feet of living space. The larger has a den convertible to a bedroom, another bedroom and 1½ bathrooms in 1,831 square feet.

The condos, which have city and ocean views, can be combined. The building has 24-hour security, a doorman, an outdoor pool and a gym.

John, 65, has won multiple Grammy Awards. He shares an Oscar for the “Lion King” song “Can You Feel the Love Tonight” and won a Grammy for singing it. Among the singer-songwriter-composer’s hits are “Candle in the Wind,” “Your Song” and “Saturday Night’s Alright for Fighting.”

Furnish, 49, directed “Elton John: Tantrums & Tiaras” (1997). He was an announcer and executive producer of the television series “Spectacle: Elvis Costello With …” (2008-11).

©2012 Los Angeles Times
Distributed by MCT Information Services

Want instant access to great articles like this for your blog or newsletter? Check out our 30-day FREE trial of REsource Licensed Real Estate Content Solutions. Need easy stay-in-touch e-Marketing solutions too? Try Pop-a-Note for 99 cents!
Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.




Copyright© 2014 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com