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The Celebrity Beat: Relocation.com's Celebrity Real Estate Report

Paul Allen's New Malibu Home -- Sold for $25million (Photo Credit: Westside Estate Agency)

Paul Allen's New Malibu Home -- Sold for $25 million (Photo Credit: Westside Estate Agency)

By Serena Norr

Whoa, baby it is sure hot over here in NYC [1] (recent temps have hit the 101 mark), but even the scorching weather hasn’t slowed down the celebrity real estate market. One example: Paul Allen (co-founder of Microsoft) who recently purchased a $25 million Malibu, California. [2] Not only is this contemporary mansion covered in glass and white stucco, but the home is located along the über luxurious Carbon beach aka “Billionaire’s Beach” — where music mogul David Geffen, Courtney Cox-Arquette and Jennifer Aniston also have homes.

If buying [3] is out of your range, you can always rent like Tracy Morgan recently did. Or you can stay in Malibu — on a temporary basis — in Sharon and Ozzy Osbourne’s home. Then again, the $40,000 a month rental fee is a little out of our range. Stay cool and we’ll see you next week.

•    Tracy Morgan On the Move…To Midtown [4]
“Saturday Night Live” and “30 Rock” star, Tracy Morgan has recently relocated [5] to a luxury condo in the West 50s. Morgan made the move after his previous Trump Place apartment [6] went on fire (a fish tank lamp was to blame). His new $14,900 a month rental comes complete with “four bedrooms, three-and-a-half baths, private parking and a 1,000-square-foot terrace with views of the city” according to NYMag.com.

•    Sharon and Ozzy Osbourne’s Home for Rent [7]
The market for rentals [8] is surging and this can also be said for celebrity homes. Sharon and Ozzy Osbourne recently listed their 4,500-square-foot Malibu home for rent for $40,000 a month for the rest of the summer. For approximately two months, you can reside in the rock star’s cottage complete with five bedrooms, five bathrooms and views of the ocean. The home also features a modern kitchen with stainless steel appliances, flat screen TVs, a fireplace and French doors leading to an outside area with a terrace and to-die-for views of the beach.

•    Pierce Bronsan Puts His Malibu Home on the Market for $3.9 Million [9]
Actor Pierce Brosnan of “James Bond” movies recently listed his Malibu mansion for sale for $3.9 million. His gated beachfront home “designed as an artist’s retreat,” according to the LATimes.com includes an office, a media room, a library, five fireplaces, three bedrooms and 3.5 bathrooms. The Mediterranean-style home also features several balconies facing the ocean and nearby mountains. There are no reports as to why Bronsan is selling his luxurious property.

•    Michael Imperioli Lists NYC Townhouse for $6.995 Million [10]
According to the NYPost, “Sopranos” star Michael Imperioli has recently listed his TriBeCa townhouse for sale for $6.995 million. Imperioli’s four-story, 4,720-square-foot home features four bedrooms, three bathrooms, high ceilings and a roof top-deck. On top of all of that, the cast-iron building is described as a “movie set” with draped curtains, gothic décor and an interesting color scheme [11] of deep reds and purples.

•    Paul Allen Purchases Malibu Home for Approximately $25 Million [12]
Paul Allen (co-founder of Microsoft) recently purchased an oceanfront home in Malibu for $25 million. This modern home features a clean interior finish with floor-to-ceiling glass doors and white stucco. Located on a strip of the beach dubbed “Billionaire’s Beach,” the 5,800-square-foot home features five bedrooms, a deck with a pool, a gym and a screening room, according to the WSJ.com. Allen also owns numerous properties in Seattle [13].