Everybody Loves Raymond Jolly Giant Brad Garrett Puts His Malibu Mansion For Sale

Everybody loves living in a mansion: Though it seems Brad feels like a change of scenery and is moving on

Everybody Loves Raymond Jolly Giant Brad Garrett Puts Malibu Mansion On The Market For $11million -- Daily Mail

You would think that everybody would love living in a Malibu mansion.

But it seems sitcom star Brad Garrett is tired of living in the California celebrity enclave, for he has put his luxury house up for sale at the princely price of $11million.

The Everybody Loves Raymond star will be delighted if he manages to get his asking price, as he will be making a big profit on the $8.8m he paid in 2006

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My Comment: The price is a little steep .... but what a beautiful home.

Top 20 Matt Cartoons On Property

Editor: The gallery starts here.

One Massive Irish Estate Up For Sale

Mansion: Tony Ryan bought Lyons Demesne in Co. Kildare for £3.5million 16 years ago

Ryanair Summer Sale: The Home That Irish Airline Boss Spent £80Million Improving Is On The Market For Just £25Million -- Daily Mail

* Just three years ago estate owned by Tony Ryan was valued at £63.5million

Ryanair founder Tony Ryan’s grand estate is on the market for £25.5million – just three years after it was valued at £63.5million.

Mr Ryan bought Lyons Demesne in Co. Kildare for £3.5million 16 years ago and despite its change in fortunes, it is still the most expensive house on the market.

The £38million drop in value represents the largest reduction ever seen in the Irish property sector. By May 2010, its value had fallen from £63.5million to £40million.

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My Comment: And still no takers .... tells you the state of what is in ireland today.

San Francisco Bay Island Up For Sale

Red Rock Island near San Francisco is on the market for just under $5 million (£3.2 million)

The Rock: San Francisco Bay Island Up For Sale -- The Telegraph

An island offering a secluded beach, promises of great fishing and stunning views of the San Francisco skyline is up for sale for $5 million.

Red Rock Island, a 6-acre (2.4-hectare) mass of rock tucked away in a northern part of San Francisco Bay, is now being offered for just under $5 million (£3.2 million), Realtor Steven Higbee said. The property earlier this year was listed for $22 million.

Mineral rights for the property, which Higbee says contains manganese in its rocky outcroppings, are negotiable.

The undeveloped island has been on and off the market for years. Higbee said he advised the owner that the best way to move it was by "whittling away at the price."

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My Comment: It may cost $5 million to buy .... but a hell of a lot more to make it liveable with modern amenities.

China's Super Rich Are Buying Into The High-End U.S. Property Market

Downtown Beverly Hills At Night. Wikipedia

China's Super Rich Flock Into U.S. Property Market -- Forbes

A young Chinese couple threw $34.5 million into a luxury mansion in Hollywood, making themselves a new neighbor of David Beckham, Jennifer Lopez and George Clooney.

Overlooking Sunset Boulevard, the 36,000-square-foot French-style mansion has nine bedrooms and thirteen bathrooms. It sits on two acres in Beverly Hills with hand-carved limestone and 24-karat gilded French chandeliers, according to a story posted on WSJ Blogs.

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My Comment: As China's wealth increases .... expect more investments and purchases from Chinese nationals.

The Multi-Million Dollar Property Portfolio Of Tom Cruise And Katie Holmes

Will this be Katie's? The £30.5million Beverly Hills mansion owned by Tom Cruise and Miss Holmes, who is believed to be entitled to property in their prenup agreement

The Multi-Million Dollar Property Portfolio Tom Cruise And Katie Holmes Collected During Their Five-Year Marriage -- Daily Mail

Most couples amass a couple of homes during their relationship or marriage, whether to keep or to sell and move on from.

But Hollywood A-list unions usually build up quite a big property portfolio around the world, and Tom Cruise and Katie Holmes are no exception.

And as the battle begins for custody of their little girl Suri, the question on everyone's lips - and probably theirs - is who will get which home?

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My Comment: These homes are great .... but if you are unhappy .... these homes mean nothing.

Talk About Over-Spending On A Mega-Mansion

Whopping: At $100m, this huge mansion was the most expensive ever bought in Silicon Valley - and even at its new value of 50m it remains the most expensive mansion sold

Bad Investment Then? Billionaire Russian Tycoons' Silicon Valley Mansion Is Worth HALF Of Its $100M Purchase Price -- Daily Mail

* Russian tech investor Yuri Milner purchased Silicon Valley mansion for $100million in 2009
* French chateau-style home boasts 14 bathrooms and a ballroom

A Silicon Valley home purchased by a wealthy Russian for $100million has now been valued at exactly half of what Yuri Milner paid.

Mr Milner purchased the sprawling French chateau-style mansion last March as a pied-a-terre for times when he was away from his first home in Moscow.

However, a recent valuation of the Los Altos Hills property by the Santa Clara County Assessor's Office found is was worth $50million less than what he paid.

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My Comment: The funny thing is ..... Yuri Milner probably does not care that he paid more than what he should have for this mansion.

Sisters Spend $150 Million for Two Houses

My Comment: It's great when your daddy has a lot of money .... and he gives it to you.

$100 MILLION On New York's Most Expensive Penthouse

King of the Castle: Views from the castle in the sky will be unparalleled over all of Manhattan, the outer boroughs and beyond; the Sheik brought the property before even seeing it as it is not yet completed

Revealed: Qatar Prime Minister Spends $100 MILLION On New York's Most Expensive Penthouse (And He's Looking To Buy Four More Condos In The Same Building) -- Daily Mail

* The property in Midtown's One57 building was purchased by 'mystery buyer' in May
* The Qatari PM brought the two story apartment for between $90-$100m
* He's discussing buying four separate condos for a further $100-$150m
* His earlier $31.5m bid for two Fifth Avenue apartments belonging to the late copper heiress, Huguette Clark, was rejected

The prime minister of Qatar has been revealed as the mystery buyer who spent almost $100 million to purchase New York City’s most expensive penthouse.

Sheikh Hamad bin Jassim bin Jaber al-Thani brought the luxurious two-story apartment spread over 10,923 square feet in the One57 building back in May.

Furthermore, the billionaire sheikh, who has two wives and 15 children, is reportedly also in discussions about buying four separate, full-floor condos in the exclusive Midtown building, which would bring the total cost to an incredible $250 million.

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My Comment: Something tells me that after spending all of this money, he will probably rarely show up to turn on the lights.

Oracle Corp. CEO Larry Ellison Purchases The Hawaiian Island of Lania

Oracle CEO Ellison Closes On Deal To Buy 98 Percent Of Land In Hawaiian Island Of Lanai -- Washington Post/AP

HONOLULU — Oracle Corp. CEO Larry Ellison has closed on his deal to buy most of the Hawaiian island of Lanai, the island’s seller said Thursday.

Billionaire David Murdock’s Castle & Cooke Inc. said the deal has been completed for about 88,000 acres on the island near Maui. The land makes up 98 percent of the island’s 141 square miles.

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More News On The Purchase By Larry Elision Of Lania

Larry Ellison's Plans to Buy Part of Hawaii Approved -- SF Weekly
Sale complete; Lanai in hands of Larry Ellison -- The Maui News
So just what did Ellison buy in Hawaiian island? -- SFGate
This Is How A Tech Billionaire Rolls: Larry Ellison Buys an Entire Hawaiian Island -- Techno Buffalo
Larry Ellison becomes Hawaii’s sixth-largest landowner -- Pacific Business News
The New King of Hawaii -- Slate
Oracle CEO Ellison’s purchase of Hawaiian island fits with his outlandish displays of wealth -- Washington Post
Larry Ellison's Decision To Buy A Hawaiian Island Was A Big Mistake — Here's Why --
Julie Bort, Business Insider

Kentucky's 'Palace of Versailles'

The development boasts a whopping 50 bedrooms, 16 guest suites and 19 full bathrooms

Inside The Castle Of Kentucky... But Who Would Pay $30m For This Sprawling Compound With 50 Bedrooms, A Barrel-Vaulted Ballroom And Basketball Court? -- Daily Mail

Ever wondered what it would be like to live in a medieval-style castle? Well you can, if you have enough loose change to stump up the $30 million price tag.

This palatial Bluegrass fortified castle sits on 232 acres of Kentucky land and is on the market.

Tucked away in the American city of Versailles, the medieval compound boasts 50 bedrooms, 16 guest suites and 19 full bathrooms.

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My Comment: Kentucky ?!?!?!

The Homes Of Tom Cruise and Katie Holmes

Home number one: Tom Cruise and Katie Holmes paid about $35 million for this Beverly Hills mansion sprawled over 10,286 square feet which Katie is said to be entitled to in the prenuptial agreement

Katie's $15million And A $35m Mansion: What Holmes Stands To Gain From Her Ex-Husband... And How She's 'Seeking Much More' -- Daily Mail

* Katie Holmes signed a prenuptial agreement which entitles her to $3million for every year of marriage
* Entitled to $35million California mansion
* Couple's estate is worth upwards of $275million

When they married to great fanfare and with much opulence in an Italian castle in November 2006, talk not only centered on bride Katie Holmes' wedding dress but also on her prenuptial agreement with the groom.

The details? For each year the couple stay married, the Dawson's Creek actress collects $3million - to a maximum of $33 million after 11 years - as well as their palatial home in California.

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My Comment: This is a nice collection of properties.