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Kendrick Lamar’s Childhood Home in Compton Is for Rent
Kendrick Lamar, deemed "arguably the most talented rapper of his generation" by Rolling Stone last year when he was 27, has written and spoken often of growing up in the Los Angeles suburb of Compton, which just this past weekend awarded him the Key to the City. Last night his trenchant Grammy performance burned up the stage (almost literally), closing with Lamar silhouetted against the African continent under the word "Compton."
"Everything that I do is a reflection of how I felt when I was younger," he said in accepting the Key to the City.
And this is the place he has in mind: the house where he grew up, at 1612 West 137th Street in Compton. It's six blocks from Tam's Burgers — "where I seen my second murder, actually," he told Rolling Stone. "Eight years old, walking home from McNair Elementary. Dude was in the drive-thru ordering his food, and homey ran up, boom boom — smoked him." (Tam's is the same restaurant where Suge Knight is said to have run over two men in the parking lot.)
The house has three bedrooms and two bathrooms in 1,200 square feet, and it's up for rent at $1,895 a month.
"It's a hell of a neighborhood," one old-timer told Rolling Stone.
Josh Eells’ whole profile is excellent, but here are some sections relevant to Kendrick Lamar's childhood home:
"On his breakthrough album, 2012's 'good kid, m.A.A.d City,' Lamar made his name by chronicling this neighborhood, vividly evoking a specific place (this same stretch of Rosecrans) and a specific time (in the summer of 2004, between 10th and 11th grade). It was a concept album about adolescence, told with cinematic precision through the eyes of someone young enough to recall every detail. ...
"Lamar has a lot of good memories of Compton as a kid: riding bikes, doing back flips off friends' roofs, sneaking into the living room during his parents' house parties. ('I'd catch him in the middle of the dance floor with his shirt off,' his mom says. 'Like, "What the ... ? Get back in that room!"') ...
"He was so precocious his parents nicknamed him Man-Man. 'I grew up fast as [expletive],' he says. 'My moms used to walk me home from school — we didn't have no car — and we'd talk from the county building to the welfare office.' 'He would ask me questions about Section 8 and the Housing Authority, so I'd explain it to him,' his mom says. 'I was keeping it real.' ...
"'I'm going to be 100 percent real with you,' Lamar says. 'In all my days of schooling, from preschool all the way up to 12th grade, there was not one white person in my class. Literally zero.' Before he started touring, he had barely left Compton; when he finally did, the culture shock threw him. 'Imagine only discovering that when you're 25,' Lamar says. 'You're around people you don't know how to communicate with. You don't speak the same lingo. It brings confusion and insecurity. Questioning how did I get here, what am I doing? That was a cycle I had to break quick. But at the same time, you're excited, because you're in a different environment. The world keeps going outside the neighborhood.' ...
"He still hasn't splurged on much: So far his biggest purchase is a relatively modest house in the suburbs east of L.A., which he bought for his parents more than a year ago. Top Dawg [Anthony Tiffith, CEO of Lamar's label] says that at first his mom didn't want to take it, because it meant giving up their Section 8 status. Kendrick had to reassure her: 'It's OK, Mom. We're good.' ('It was hard times, and we've been through a lot,' says Kenny [Duckworth, Lamar's father]. 'But like Drake said: "We started from the bottom, now we're here."')"
Click here to read Rolling Stone's full 2015 cover profile of Kendrick Lamar.
More on Yahoo Real Estate:
• Single Mom Builds a Tiny House, Rebuilds a Family (1 video, 45 photos) • Bit of Cursed Mike Tyson Estate Asks $150,000 (42 photos) • Sarah Palin’s Sporty Arizona Home Hits Market (64 photos)
Kendrick Lamar’s Childhood Home
Kendrick Lamar’s childhood home in Compton, south of Los Angeles, is for rent at $1,895 a month. (Listing photo)
Kendrick Lamar’s Childhood Home
Lamar receives the Key to the City on Saturday, February 13, in Compton. His longtime girlfriend, Whitney Alford, is at left. (Photo by Johnny Nunez/Getty Images)
Kendrick Lamar’s Childhood Home
Lamar accepts the Grammy for best rap album for “To Pimp a Butterfly” on Monday, February 15, 2016. Taylor Swift beat him out for best album. (Photo by Jeff Kravitz/FilmMagic)
Kendrick Lamar’s Childhood Home
Lamar’s intense Grammy performance was the talk of the night. (Photo by Kevin Winter/WireImage)
Kendrick Lamar’s Childhood Home
The house is on West 137th Street, near Rosecrans. (Listing photo)
Kendrick Lamar’s Childhood Home
It’s about 1,200 square feet. (Listing photo)
Kendrick Lamar’s Childhood Home
The living room looking toward the kitchen. (Listing photo)
Kendrick Lamar’s Childhood Home
The kitchen. (Listing photo)
Kendrick Lamar’s Childhood Home
Another view of the kitchen. (Listing photo)
Kendrick Lamar’s Childhood Home
The living room as seen from the front door, looking toward the hallway at right. (Listing photo)
Kendrick Lamar’s Childhood Home
The hallway, with threshold to living room at left. (Listing photo)
Kendrick Lamar’s Childhood Home
The home has three bedrooms. (Listing photo)
Kendrick Lamar’s Childhood Home
(Listing photo)
Kendrick Lamar’s Childhood Home
(Listing photo)
Kendrick Lamar’s Childhood Home
(Listing photo)
Kendrick Lamar’s Childhood Home
(Listing photo)
Kendrick Lamar’s Childhood Home
(Listing photo)
Kendrick Lamar’s Childhood Home
The house has two bathrooms. (Listing photo)
Kendrick Lamar’s Childhood Home
(Listing photo)
Kendrick Lamar’s Childhood Home
The other bathroom. (Listing photo)
Kendrick Lamar’s Childhood Home
(Listing photo)
Kendrick Lamar’s Childhood Home
(Listing photo)
Kendrick Lamar’s Childhood Home
The rapper with girlfriend Whitney Alford on the red carpet at the 2016 Grammys. (Photo by Christopher Polk/Getty Images for NARAS)
Kendrick Lamar’s Childhood Home
The close of Lamar’s trenchant Grammy set. (Photo by Kevin Winter/WireImage)
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The Nation’s Emptiest Cities
Numbers just released by RealtyTrac indicate that for most challenged housing markets, the problem is tight supply. But in a few metro areas, the vacancy rate is still far above the overall nation's — almost five times worse in Flint, Michigan, for example.
The national vacancy rate is 1.6 percent, but in Flint — the emptiest metro area in the nation — it's 7.5 percent. In Detroit, it's 5.3 percent. Other (relatively) empty cities include Youngstown, Ohio (4.4 percent); Beaumont-Port Arthur, Texas (3.8 percent); Atlantic City, New Jersey (3.7 percent); Indianapolis (3.0 percent); Tampa (2.9 percent); Miami (2.8 percent); Cleveland (2.8 percent); and St. Louis (2.6 percent).
More than three-quarters of vacant homes are investment properties, RealtyTrac says, and in some cities the share is 90 percent or more.
In Flint, almost a quarter of investment properties are vacant.
You can read the full report and methodology at RealtyTrac.com.
More on Yahoo Real Estate:
• The Poorest County in Every State • A-Frames Under $50,000 (66 photos) • Agent Lists ‘Filthiest Home in Houston’ (1 video, 26 photos)
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U.S. Cities That Are Running Out of Homes
For all the talk of "zombie foreclosures" and abandoned homes that have so recently plagued the nation, "the challenge facing most U.S. real estate markets is not too many vacant homes but too few,” says RealtyTrac Vice President Daren Blomquist.
The housing data company just reported its first-quarter 2016 analysis of residential property vacancies. "Razor-thin vacancy rates in many markets are placing upward pressure on home prices and rents," Blomquist said in the news release.
San Francisco and San Jose, California, are unsurprising entries on the list, but other metro areas with limited room include Fort Collins, Colorado, tied with San Jose for the lowest share of vacancies at 0.2 percent, and Manchester, New Hampshire; Provo, Utah; and Lancaster, Pennsylvania, all tied with San Francisco at 0.3 percent. Markets including Los Angeles, Boston, Denver and Washington were almost as tight, with vacancy rates of 0.5 percent or less.
Nationally, out of nearly 85 million homes of one to four units, more than 1.3 million of them were vacant at the beginning of February — a vacancy rate of 1.6 percent. That represents a vacancy rate almost 10 percent lower than RealtyTrac's last analysis, in the third quarter of 2015.
More on Yahoo Real Estate:
• The Poorest County in Every State • A-Frames Under $50,000 (66 photos) • Agent Lists ‘Filthiest Home in Houston’ (1 video, 26 photos)
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Water-Softening Plant With Concrete Beds Asks $2M+
In typically understated British fashion, the listing describes this Kentish home — created from two towers of a former water-softening plant, with amenities that include "hand-crafted concrete beds and baths" — as "highly individual."
It's asking 1.5 million pounds, or more than $2 million at current exchange rates.
The home's four levels are linked by spiral staircases, with six bedrooms and six "bath/shwer rooms" — the master suite occupying the full top floor. There's a heated rooftop pool as well as a "gym suite" with a sauna and plunge pool. The property surrounding the home encompasses 8 acres of lawns and pastures.
The Lime Works, as the property is known, was built in the 1930s and served as a water-softening plant until 1942; the current owners acquired it in 2005 and "sympathetically converted, restored and refurbished the building," the listing says. They're still working on it.
They intend to nearly complete the home but leave about 10 percent of the work to let the buyer specify the finishing touches.
More on Yahoo Real Estate:
• Boring Suburban Facade Hides Outrageous Interior -- to Fool the Tax Man (47 photos) • Comedian Steve Martin's Utterly Unfunny Concrete Home (27 photos) • Bunker-Like Underground Mansion Is One Way to Dodge Zoning Rules (51 photos)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
Converted Water-Softening Plant Asks $2M+
(Savills listing)
ALSO ON YAHOO REAL ESTATE
Sold! Charlton Heston’s Gorgeous Time Capsule Home (37 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Tiny Private Paradise of an Island Eases You Into Off-Grid Living (54 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Family’s Dream ‘Barn’ Cost $32M to Build, Now Asks $19.5M (80 photos)
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3 Octagons for $3 Million
Built in 1989, this Cape Cod hilltop property is hard to miss: The home comprises three octagons, or, as Curbed puts it, a "giant upside down Mickey Mouse head" when viewed from above.
Just shy of an acre on the waterfront in Eastham, Massachusetts, the octagons enclose about 4,600 square feet of living space, including four bedrooms and five bathrooms. The great room earns its name, with soaring ceilings and wide views of "ocean, marsh and cove," the listing says — and "retained perpetual view easements over abutting properties ensure enjoyment of the dramatic panorama for generations to come."
More on Yahoo Real Estate:
• A-Frames Under $50,000 (66 photos) • Boring Suburban Facade Hides Outrageous Interior -- to Fool the Tax Man (47 photos) • Tiny Private Paradise of an Island Eases You Into Off-Grid Living (54 photos)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
3 Octagons for $3 Million
(Photo: Property listing)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Family’s Dream ‘Barn’ Cost $32M to Build, Now Asks $19.5M (80 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Tiny Private Paradise of an Island Eases You Into Off-Grid Living (54 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Adora-Couple Emily Blunt and John Krasinski List ‘Sexy’ Home at $8M (57 photos)
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Better Than a Murphy Bed? Loft Beds for Grown-Ups
Brooklyn-based woodworker Roberto Gil has been designing space-saving furniture for more than 20 years now. He's perhaps best known for his stylish children's beds, sold under the brand Casa Kids. Now he's offering a loft bed under his line for grown-ups, Casa Collection, inspired by New York City's first micro-apartment building.
Called Urbano, the loft beds come in queen and king sizes. No pricing information is available on his website yet, but similar systems for kids have starting prices that range from about $3,400 to $5,900, depending on whether you opt for a ladder or stairs to access the sleep space. (The stairs are a separate unit of drawers, so they add about $1,000 to the cost.)
We do wonder a bit about the durability of the loft beds for adults' ... erm, noctural activities. But presumably the children's furniture is subjected to more than its fair share of vigor, too, so perhaps our concern is misplaced.
(h/t Curbed)
More tiny living on Yahoo Real Estate:
• A-Frames Under $50,000 (66 photos) • 'Bad-Ass Single Mom' Builds a Tiny House, Rebuilds a Family (1 video, 45 photos) • The Family That Lives in a School Bus (37 photos)
Urbano king loft bed. (Roberto Gil)
Urbano king loft bed. (Roberto Gil)
Urbano king loft bed. (Roberto Gil)
Urbano queen loft bed. (Roberto Gil)
Urbano queen loft bed. (Roberto Gil)
Urbano queen loft bed. (Roberto Gil)
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Naomi Watts and Liev Schreiber’s Renovated NYC Home
yahoo
"Wow, this is mine? How did this happen?"
That's Naomi Watts describing what it's like to walk into the "real, grown-up home" that she and her partner, fellow actor Liev Schreiber, have created in New York City's Tribeca neighborhood for themselves and their two children. It's a refreshingly down-to-earth attitude for a celebrity. "“I mean, look at this place,” she told Architectural Digest. “Is it too big? Are we taking on more than we should? Maybe we should have stayed where we were? I don’t know!”
Watch the video here to see their mature but welcoming home — and for more pictures and details, visit ArchitecturalDigest.com.
More on Yahoo Real Estate:
• Boring Suburban Facade Hides Outrageous Interior -- to Fool the Tax Man (47 photos) • Tiny Private Paradise of an Island Eases You Into Off-Grid Living (54 photos) • Bit of Cursed Mike Tyson Estate Asks $150,000 (42 photos)
Naomi Watts at the Screen Actors Guild Awards last month, photographed by Jason Merritt/Getty Images for Turner.
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Old South Meets NYC at Home of ‘The Help’ Director
yahoo
To make sure that his beautiful 1836 Mississippi mansion didn’t turn out too much like Grandma’s -- all teddy bears and rocking chairs -- film director Tate Taylor called on the help of New York City designer Shawn Henderson. The renovation lasted three years and added 11 bathrooms (among many other improvements).
The antebellum estate is called Wyolah Plantation, 100 acres in Church Hill, just north of Natchez, Mississippi. Click here for more details and pictures on ArchitecturalDigest.com.
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Leather Walls, Mirrored Boudoir and a Fur Vault for $84.5M
Madonna, here's your second chance.
The home of developer Keith Rubenstein and his wife, Inga, on Manhattan's Upper East Side has just hit the market at $84.5 million, as first reported by the Wall Street Journal.
They bought the century-old townhouse in 2007 for $35 million, reportedly beating out a much lower bid by Madonna.
Renowned for their "over-the-top parties," according to Architectural Digest, they even installed a ventilated smoking room for their European friends. The adjacent bathroom has mirrors cracked by bullets (edgy!) — reminiscent of the controversial party the real estate mogul threw in an abandoned warehouse last Halloween. (That party's death-inflected theme, "Macabre Suite," had "Bronx is burning" overtones and included a sculpture made of bullet-riddled cars. It publicized his business's upcoming residential/retail complex in the South Bronx.)
The home's more unusual amenities also include red Hermes leather walls in the billiard room, a fur vault, a mirrored boudoir with reflective soaking tub, and a plunge pool next to a sauna.
The couple told the Wall Street Journal and Architectural Digest that they spent years renovating the townhouse. Our slideshow includes photos from the current listing plus a few from the previous listing for before-and-after comparison, as well as pictures of a couple of sites that inspired some of its designs (a St. Petersburg palace, for instance, and the Oak Bar at the Plaza in New York).
More on Yahoo Real Estate:
• PETA Wants ‘Silence of the Lambs’ House for an ‘Empathy Museum’ (64 photos) • Aging Playboy Mansion Asks $200M; Some Call It a ‘Teardown’ (68 photos) • Developer Bet on Billionaires’ Hunger, and Won: The Story Behind ‘L.A.’s Most Extreme Home’ (46 photos)
$84.5M NYC Townhouse
The home was built in 1903 by architect John H. Duncan. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
Duncan also designed Grant’s Tomb, on the Upper West Side. (Flickr photo by Karthik Tripurari)
$84.5M NYC Townhouse
The entry hall’s original marble and malachite floor was found during renovations, according to Architectural Digest. See the next photo. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
This was the entry-hall floor before the Rubensteins moved in. (Previous listing)
$84.5M NYC Townhouse
The fireplace in the entry hall is crowned by a massive mantel and an art piece that says “Forever” in blinking lights. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The fireplace before the Rubensteins bought the home in 2007. The place was then in a “deteriorating state,” AD says. (Previous listing)
$84.5M NYC Townhouse
The living room is upstairs. You can see the dining room across the way. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The Journal attributes the pink rabbit sculpture in the living room to the artist KAWS -- born Brian Donnelly and known also for street art and limited-edition toys. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The living room used to be considerably more staid. (Previous listing)
$84.5M NYC Townhouse
The dining room. “The sumptuous parquetry underfoot is based on floors at Pavlovsk Palace in St. Petersburg, one of the decor’s more prominent nods to Inga’s roots,” Architectural Digest writes. (She is from Russia.) See the next photo. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
This is the cabinet of Maria Feodorovna at Pavlovsk Palace in St. Petersburg, Russia, where the flooring is very similar to the Rubensteins’ dining room floor. (Photo by El Pantera, shared on the Pavlovsk Palace Wikipedia page)
$84.5M NYC Townhouse
The dining room before the Rubensteins installed the Russia-inspired floor. (Previous listing)
$84.5M NYC Townhouse
The kitchen. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The master bedroom. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
Her mirrored boudoir. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
Even the bathtub is reflective. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
Her closet. She also has a climate-controlled vault for her furs. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The library. The Rubensteins closed an oculus that opened to the room above. See the next slide. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The library used to be two stories. Now there’s a bedroom on the upper level, and the oculus has been sealed off. (Previous listing)
$84.5M NYC Townhouse
The interior oculus is a device that architect Duncan used in his design for Grant’s Tomb, too. (Flickr photo by Kent G Becker)
$84.5M NYC Townhouse
“The whole top of the house is a sort of pleasure dome,” the renovation architect, William T. Georgis, told Architectural Digest. This is the media room. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The bar area is based on the Oak Bar at the Plaza in Manhattan; see the next photo. In the background, you can see the billiard room with its walls cased in deep red Hermes leather. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The Oak Bar, pictured, inspired the Rubensteins’ bar area in the previous slide. (Flickr photo by Jazz Guy)
$84.5M NYC Townhouse
A look down the spiraling staircase. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
The gym is on the bottom level of the home. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
So is the plunge pool, next to the Russian-style banya, or sauna. (Photo by Evan Joseph via the Modlin Group property listing)
$84.5M NYC Townhouse
This slide and the next show the floor plan as the Rubensteins re-envisioned it. (Via the Modlin Group property listing)
$84.5M NYC Townhouse
(Via the Modlin Group property listing)
$84.5M NYC Townhouse
The previous floor plan, including the interior oculus from the third to the fourth floors. (Previous listing)
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‘Lonesome Ranch’: 190 Off-Grid Acres of Old Gold Mines (and a Brothel)
In Lonesome Al’s neck of the woods, Thanksgiving used to be more ornery than convivial. “Finally, Lonesome and I made a rule: You had to check your guns and knives at the door,” Simon T. told the Wall Street Journal.
Simon T. (that’s his legal name) bought a cabin on 6 acres in the Sequoia National Forest from “Lonesome” Al Harris back in 1980, then kept adding to it. When Lonesome Al died in 1996, Simon T. named his assemblage Lonesome Ranch.
Now engaged to be married and living in Santa Monica, California, retired radio station owner Simon T. is looking to divest himself of all his assets -- “my goal is to be flat broke when I die,” he told the Journal -- and has listed the compound, with its seven cabins, six abandoned gold mines, graveyard and ramshackle ex-brothel, at $2.5 million.
Click here to see the video.
More on Yahoo Real Estate:
• Boring Suburban Facade Hides Outrageous Interior -- to Fool the Tax Man (47 photos) • PETA Wants ‘Silence of the Lambs’ House for an ‘Empathy Museum’ (64 photos) • In Off-Grid Yurt, Montana Couple Live ‘On Our Own Terms’ (56 photos)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
Lonesome Ranch
(Sotheby's property listing)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Tiny Private Paradise of an Island Eases You Into Off-Grid Living (54 photos)
ALSO ON YAHOO REAL ESTATE
Sold! Charlton Heston’s Gorgeous Time Capsule Home (37 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Bit of Cursed Mike Tyson Estate Lists at $150,000 (42 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: You Can Own a 30-Room Mansion for $30K -- With a Catch, of Course (25 photos)
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18 Addresses Pinpoint Where Home Prices Look Likely to Spike
yahoo
If you're looking to get into a neighborhood before prices rise, then keep an eye on what Trader Joe's and Whole Foods are planning.
The new paperback edition of the best-selling "Zillow Talk: Rewriting the Rules of Real Estate" contains a bonus chapter on the phenomenon, which Zillow CEO Spencer Rascoff discusses in the video here (starting around 1:10 in).
Zillow looked at the appreciation rates of homes within a mile of TJ and Whole Foods locations. Before the stores opened, the homes were appreciating no faster than other homes in town (and in the case of Whole Foods, they were appreciating more slowly) — but after a store moved in, the appreciation rates in the neighborhood sped past the overall town's.
In fact, in the case of Trader Joe's: Two years after a store opened, the median home less than a mile away had appreciated 10 percentage points more than homes in the city overall the previous year, Zillow said.
It's unclear whether the stores' proximity is boosting home values, or whether the companies are just really good at identifying up-and-coming neighborhoods early. But Zillow says the numbers are clear: Homes near Trader Joe's or Whole Foods add value faster.
We've put together a list of stores in the works (or very recently opened) across the nation. If the pattern holds, homes within a one-mile radius of these addresses should soon start to appreciate faster than other homes in the city.
WHOLE FOODS
3301 East Imperial Highway Brea, California 92823 Opening Feb. 17, 2016
33 Vervalen Street Closter, New Jersey 07624 Opening date unknown
4402 Legendary Drive Destin, Florida 32541 Opening date unknown
832 West 63rd Street Chicago, Illinois 60621 (Englewood) Opening fall 2016
3425 North College Avenue Fayetteville, Arkansas 72703 Opening March 2, 2016
8525 Irvine Center Drive Irvine, California 92618 Opening March 2016
2520 Glendale Boulevard Los Angeles, California 90039 (Silver Lake) Opening sometime this year
11100 West Burleigh Street Wauwatosa, Wisconsin 53222 Opening Feb. 24, 2016
11041 Westheimer Street Houston, Texas 77042 (West Chase) Opening date unknown
TRADER JOE'S
800 Kenilworth Drive Towson, Maryland 21204 Opening sometime in 2017
1198 Irvine Boulevard Tustin, CA 92780 Opening in spring 2016 (second quarter, April to June)
11683 Westheimer Road Houston, Texas 77077 Opening date unknown
1100 Pacific Coast Highway Hermosa Beach, California 90254 Opening in second half of 2016
5520 North Division Street Spokane, Washington 99208 Opening date unknown
4501 Cole Avenue Dallas, Texas 75205 Opening date unknown
3702 South Peoria Avenue Tulsa, Oklahoma 74105 Opening Feb. 26, 2016
1201 North 175th Street Shoreline, WA 98133 Opening Feb. 26, 2016
28425 Chagrin Boulevard Woodmere, Ohio 44122 Opening Feb. 5, 2016
More on Yahoo Real Estate:
• PETA Wants ‘Silence of the Lambs’ House for an ‘Empathy Museum’ (64 photos) • For $525K, Perfectly Preserved Historic Mansion Comes With Ghostly Cleaning Staff (24 photos) • The Family That Lives in a School Bus (37 photos)
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‘Supportive Housing’ Aims to Help NY’s Homeless
yahoo
LaVerne Rogers used to sleep on a bench. She'd spread out a cardboard on the ground as "carpet," and sweep the leaves to keep it clean.
Now, though, she lives at the Lenniger Residences, a "supportive housing" building in the Bronx -- New York state’s poorest county -- where formerly homeless people like her pay reduced rent not only for a small apartment but for on-site services including medical care and tutoring.
The Lenniger has changed Rogers' life. She marvels at the fact that she now has her own closets, even a place to store her food. "This means the world to me," she says.
Supportive housing is a key way that New York City is trying to solve its growing homeless problem. And Gotham isn't alone; Dallas, for example, aims to revolutionize homeless care with a tiny-home village:
Related on Yahoo Real Estate:
• The Poorest County in Every State • #GoBeKind Rescues Homeless Dad, Little Boy With ‘Contagious Chain Reaction’ of Kindness • Could a Dumpster Really Go for $1,200 a Month in Brooklyn?
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Impeccable Time Capsule Home Has Stainless Steel Kitchen to Die For
Rarely have we seen a time capsule home this impeccable.
Our favorite part is the vintage stainless steel kitchen, complete with gleaming countertops and dual Thermador wall ovens. (And by the way, there's a fabulous article about Thermadors in Eichler houses over at the Eichler Network website. We learned of the article from our favorite retro home site, Pam Kueber's Retro Renovation.)
This house, which we first spotted on Curbed Philly, is for sale outside Philadelphia for $799,000. The same family has lived there for more than half a century — and the house looks it, but in a good way. Listed as a "Cape Cod rancher," it was built in 1940 and has four bedrooms and four baths in about 3,000 square feet. The lot is about three-quarters of an acre.
Click through our slideshow here for a better look at Lower Merion's impeccable time capsule home — and if you're interested in vintage gems, don't miss these, either:
• Seriously Cheap, Seriously Cool: Refrigerator Tycoon’s Home is WSJ House of the Year (66 photos, 1 video) • Groovy Apartment Stuck in the 1970s Hits the Market for $158K (16 photos) • Sold! Charlton Heston’s Gorgeous Time Capsule Home (37 photos)
Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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Impeccable Philly Time Capsule
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ALSO ON YAHOO REAL ESTATE
CLICK HERE: Old-Time Fridge Magnate’s Mansion Is WSJ House of the Year (66 photos, 1 video)
ALSO ON YAHOO REAL ESTATE
Sold! Charlton Heston’s Gorgeous Time Capsule Home (37 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Aging Playboy Mansion Asks $200M, Including Hefner; Some Call It a ‘Teardown’ (68 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Half Preserved, Half Destroyed, Woolworth Mansion Asks Just $295,000 (32 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: You Can Own a 30-Room Mansion for $30K -- With a Catch, of Course (25 photos)
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PETA Wants ‘Silence of the Lambs’ House for an ‘Empathy Museum’
Animal rights group PETA is exploring the possibility of purchasing the house where world-famous (fictional) animal rights activist Jame Gumb lived in "Silence of the Lambs" — to turn it into an "empathy museum."
You may well wonder: What's the animal rights connection? We were able to recall a couple: Devoted dog owner Gumb was distraught when his beloved Precious fell hostage to the predations of Catherine, whom Gumb had confined to his basement pit for a lotion- and starvation-based skin-care regime. And the very title of the movie is drawn from hero Clarice Starling's childhood impulse to liberate the spring lambs from slaughter.
But People for the Ethical Treatment of Animals cites instead Gumb's atrocities as the serial killer nicknamed Buffalo Bill (because he took his victims' hides).
PETA Executive Vice President Tracy Reiman writes to the listing agent, Dianne Wilk: "Given that this is the spot where scenes depicting fictional serial killer Buffalo Bill in 'The Silence of the Lambs were filmed,' we’re interested in the possibility of converting the home into an empathy museum for animals abused and killed so that others may wear their skins. ... We’re always looking for ways to draw attention to the violence inherent in the production of leather, fur, and other animal skins."
The house, in Perryopolis, Pennsylvania, outside Pittsburgh, was listed last year at $300,000 but has had a hard time selling. Its price was recently knocked down to $250,000.
Wilk told the Pittsburgh Tribune-Review last year that she could envision the house as a horror-themed B&B, because "people love to be scared."
The owners, Scott and Barbara Lloyd, have owned the home for decades; in fact, they got married there just a couple of months after buying it in 1977 — in the same picturesque foyer where Gumb would later welcome Clarice. They raised a son there, too, but now they're downsizing to a home they're building nearby.
The home is a three-story 1910 Victorian with four bedrooms and one bath in 2,334 square feet — but sorry, no pit in the basement. That was filmed on a soundstage.
There is, however, a backyard vintage caboose that's used as a pool house.
Here's PETA's full proposal letter to Wilk:
"I’m writing on behalf of People for the Ethical Treatment of Animals (PETA) to learn more about the property listed for sale at 8 Circle St. in Layton, Pennsylvania. Given that this is the spot where scenes depicting fictional serial killer Buffalo Bill in 'The Silence of the Lambs' were filmed, we’re interested in the possibility of converting the home into an empathy museum for animals abused and killed so that others may wear their skins. If there are zoning restrictions in place, we’d be willing to ask the Perryopolis Borough to reconsider.
"You may already be familiar with Buffalo Bill from 'The Silence of the Lambs': He imprisoned his victims, slaughtered them, and skinned their bodies to create a suit of flesh. Although Buffalo Bill is a fictional character, many victims today undergo similar experiences. Every year, millions of sensitive cattle, minks, rabbits, foxes, crocodiles, snakes, and other animals—including even dogs—are confined to severely crowded spaces and deprived of everything that is natural and important to them before they’re slaughtered for their skins.
"We’re always looking for ways to draw attention to the violence inherent in the production of leather, fur, and other animal skins—which involves processes that would shock all but the most hard-hearted person. Cows are branded with hot irons, have their tails and horns cut off without painkillers, and are hung upside down, skinned, and bled to death for the production of leather gloves, jackets, and boots, and rabbits, minks, foxes, and other animals killed for their fur are beaten, strangled, electrocuted, and often skinned alive for fur coats and collars.
"Turning 'The Silence of the Lambs' house into an empathy museum for these victims would serve as a way to point out that all animals are made of flesh, blood, and bone, and just like us, they, too, experience fear and suffering and are capable of joy and love. With all the fashionable, comfortable, and warm vegan clothing available today, there’s no excuse for wearing bits and pieces of another individual’s skin. Do you think that the house could be turned into a local museum that inspires visitors to practice compassion with every piece of clothing that they buy? Please let me know your thoughts on this matter. Thank you.
"Sincerely,
"Tracy Reiman "Executive Vice President"
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Hawaii's Soap Opera of a Gargantumansion Sells AGAIN
Sold again!
The Hawaiian estate called Waterfalling, inspired improbably by both Frank Lloyd Wright and "Magnum P.I.," might be known as much for its heart-stopping price history as for its high-drama cliff-top landscape with multiple plunging waterfalls.
Yahoo Real Estate interviewed developer Scott Watson as he was about to take Waterfalling to auction. He'd completed it in 2012 and set its price at $26.5 million, which turned out to be a mite high — "untested" was listing agent Kelly Moran's euphemism — for the area.
Watson, obviously no stranger to a gamble (considering that he'd devoted four to seven years of his life to Waterfalling on spec), decided to stand at the cliff's edge, so to speak, with a so-called no-reserve auction. That meant it'd go to the highest bidder, no matter what the bid was.
And so in March 2014 it sold for (drum roll?) $5,750,000.
The sellers were "very disappointed with the results," Moran admitted to local news site Big Island Now, calling the no-reserve decision "high risk" and "unfortunate," and saying that they'd "underestimated the auction process."
But that wasn't the end of the drama for Waterfalling. Not six months after scoring the estate at nearly 80 percent off, those lucky bargain hunters had changed their minds. They turned around and relisted it — incidentally, with Kelly Moran, who's beginning to look more like the lucky one here — first asking $10 million.
It languished on the market for more than a year, through price chops, before finally entering escrow this past fall. Now the deal has finally closed, Moran tells Yahoo Real Estate, so he can disclose the sale price: $6.8 million, a record-breaker for its East Hawaii region.
The buyer is a "mainland CEO with a young and energetic family," Moran tells us, who will "be making the estate available as a high-end luxury retreat."
Rental will start at $25,000 a week.
More gargantumansions on Yahoo Real Estate:
• Developer Bet on Billionaires’ Hunger, and Won: The Story Behind ‘L.A.’s Most Extreme Home’ (46 photos) • Tiny Private Paradise of an Island Eases You Into Off-Grid Living (54 photos) • Family’s Dream ‘Barn’ Cost $32M to Build, Now Asks $19.5M (80 photos) • America's Most Expensive Home Is the Aging Playboy Mansion; Some Call It a ‘Teardown’ (68 photos)
Hawaii's Cliff-Top Waterfalling Estate
The mansion has views of its own private triple-decker waterfall from every room.
Hawaii's Cliff-Top Waterfalling Estate
The mansion was built to last. "My structural engineer said this will be here longer than the pyramids," developer Scott Watson told Yahoo Real Estate in 2014. "They didn't have No. 9 rebar back then."
Hawaii's Cliff-Top Waterfalling Estate
Hundreds of truckloads of concrete reportedly went into the house, which is covered in travertine. "The Taj Mahal's built out of it, the Romans used it. Travertine's been around forever," Watson said.
Hawaii's Cliff-Top Waterfalling Estate
The home would be an "aviator's paradise," Watson told Yahoo Real Estate, with the Kilauea Volcano just a 15-minute helicopter flight away.
Hawaii's Cliff-Top Waterfalling Estate
It's the sort of place where kids get out and play -- no PlayStations -- Concierge Auctions' project sales manager, Bryan Warga, told Yahoo Real Estate. He envisioned it as a place for an executive to reconnect with family -- and perhaps get business associates away from the daily grind and into a low-pressure environment more conducive to brainstorming new business strategies.
Hawaii's Cliff-Top Waterfalling Estate
"The property is all about F-U-N," Warga said.
Hawaii's Cliff-Top Waterfalling Estate
You can look out your window and see a quarter-mile down to the bottom of the Pacific Ocean, Watson claimed.
Hawaii's Cliff-Top Waterfalling Estate
After a big rain, "the waterfall just rages," Watson said.
Hawaii's Cliff-Top Waterfalling Estate
The mansion was built to be low-maintenance. "Just hose that house off once a week" to wash away the salt from the big surf, said Watson. It faces directly north, so it catches the giant north surf with 50-foot waves.
Hawaii's Cliff-Top Waterfalling Estate
The quarter-million-gallon Olympic-quality pool has a diving platform, a Duraflex diving board and starting blocks. This is the view from the top of the two-story waterslide.
Hawaii's Cliff-Top Waterfalling Estate
The house has 10,000 square feet of living space.
Hawaii's Cliff-Top Waterfalling Estate
The same room at night.
Hawaii's Cliff-Top Waterfalling Estate
The furnishings are by Tommy Bahama Ocean Club, Bryan Warga told us.
Hawaii's Cliff-Top Waterfalling Estate
The house is so turnkey, you can just bring your toothbrush, toothpaste and clothes and "you're in," said Warga.
Hawaii's Cliff-Top Waterfalling Estate
The pneumatic vacuum elevator is essentially a giant version of the tubes that banks use at drive-up windows.
Hawaii's Cliff-Top Waterfalling Estate
At the time of construction, it was the world's largest and tallest pneumatic elevator, Concierge Auctions said. It makes a shushing sound that might remind you of the "Star Trek" transporter.
Hawaii's Cliff-Top Waterfalling Estate
When the elevator arrived on-site, it was ugly inside, Watson said. "It wasn't pimp enough. Every girl (who came through) wasn't impressed." So he had it lined with black Louis Vuitton-stamped leather. "Boy, now they are!" Watson said. Warga said a couple of women visiting exclaimed, "Oh my gosh, check out all the pocketbooks in here!"
Hawaii's Cliff-Top Waterfalling Estate
The elevator arrived with a carpeted floor. That wouldn't do, said Watson. So now it's metallic glass tiles.
Hawaii's Cliff-Top Waterfalling Estate
Watson specializes in "ultra-custom" homes, he told Yahoo Real Estate.
Hawaii's Cliff-Top Waterfalling Estate
Blue flecks in the granite countertop pick up the color of the Pacific Ocean.
Hawaii's Cliff-Top Waterfalling Estate
"I try to do nothing but oceanfront properties," Watson said.
Hawaii's Cliff-Top Waterfalling Estate
The glass walls in this bedroom completely retract, opening the space to the pool deck.
Hawaii's Cliff-Top Waterfalling Estate
The same room in the evening.
Hawaii's Cliff-Top Waterfalling Estate
"The whole ceiling is all Brazilian cherrywood," Warga told Yahoo Real Estate. He said the detail is even carried into the ceiling of the garage.
Hawaii's Cliff-Top Waterfalling Estate
Indoor-outdoor living.
Hawaii's Cliff-Top Waterfalling Estate
Watson said this bedroom would be perfect for children -- especially if you weren't able to keep them away from the pool anyway.
Hawaii's Cliff-Top Waterfalling Estate
Watson realized that he was ending up with "kind of an adult pool," so he converted what was going to be a path into a big kiddie pool 25 meters long, 2 feet deep and 4 feet wide. His business partner, who is Canadian, preferred it, so the team called it the Canadian pool.
Hawaii's Cliff-Top Waterfalling Estate
The environment is changing constantly, day to day, even hour to hour, Watson said.
Hawaii's Cliff-Top Waterfalling Estate
The home -- 10,000 square feet on about 10 acres -- is actually bigger than local authorities will now let people build, Watson told Yahoo Real Estate in 2014.
Hawaii's Cliff-Top Waterfalling Estate
He said his team had plans to do twice as much house. The property has a second waterfall too, and they "haven't even taken advantage of it yet."
Hawaii's Cliff-Top Waterfalling Estate
He had hoped to build out the rest of the project for the new owner as "a super trophy home for a Donald Trump or a Larry Ellison or Oprah."
Hawaii's Cliff-Top Waterfalling Estate
The home has five bedrooms and 10 bathrooms; the mezzanine area contains an office and an exercise room with a bar.
Hawaii's Cliff-Top Waterfalling Estate
Two of the bedrooms are matching master suites with his-and-hers bathrooms, spa tubs, covered lanais and more.
Hawaii's Cliff-Top Waterfalling Estate
Watson said he wanted the ocean to be the headboard -- close enough that in the middle of the night, sleepers could hear the slapping of dolphins' tails.
Hawaii's Cliff-Top Waterfalling Estate
Every room looks out on the waterfall and ocean.
Hawaii's Cliff-Top Waterfalling Estate
Whales come right to the front of the house, Watson said, so close you can see them breathing through their blowholes. He's seen as many as 10 pods at once.
Hawaii's Cliff-Top Waterfalling Estate
"All of the concrete beams are just oversized for the grandeur of it all," Watson said.
Hawaii's Cliff-Top Waterfalling Estate
The diving board and diving platform.
Hawaii's Cliff-Top Waterfalling Estate
Whales and dolphins are such a common sight that Watson said he could practically guarantee guests would see them during any half-hour visit, "24/7 ... every single day, RIGHT outside the house."
Hawaii's Cliff-Top Waterfalling Estate
A tennis stadium seats 450 people.
Hawaii's Cliff-Top Waterfalling Estate
The home also has a nine-tee golf course.
Hawaii's Cliff-Top Waterfalling Estate
The sand traps couldn't be stocked with Hawaiian sand; it's illegal to take. Local golf courses instead fill the entire hull of a ship with sand from Australia, Watson said, and he was lucky enough to obtain some of that.
Hawaii's Cliff-Top Waterfalling Estate
Watson first spotted the property while waterskiing along the coast, he said. It had been "unattainable land for the last 150 years because the sugar plantations owned it," but a small group of people recently had the opportunity to buy it all up. And lucky for him, "those five people happen to be friends of mine" and they gave him his pick of the best parcels, he told Yahoo Real Estate.
Hawaii's Cliff-Top Waterfalling Estate
Helicopter tours go right by the property, about 20 miles from Hilo, the nearest city.
Hawaii's Cliff-Top Waterfalling Estate
An aerial view of the property in 2011, while work was still underway.
Hawaii's Cliff-Top Waterfalling Estate
The two-story waterslide frame is brought to the site.
Hawaii's Cliff-Top Waterfalling Estate
The unfinished waterslide.
Hawaii's Cliff-Top Waterfalling Estate
The waterslide being put into place.
Hawaii's Cliff-Top Waterfalling Estate
Scott Watson and young Nicklaus work on the home. Watson said his son was an inspiration for much of his work: "I try to build things that get my kid away from his computer."
Hawaii's Cliff-Top Waterfalling Estate
Scott Watson at work.
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Family’s Dream ‘Barn’ Cost $32M to Build, Now Asks $19.5M (80 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Aging Playboy Mansion Asks $200M, Including Hefner; Some Call It a ‘Teardown’ (68 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Tiny Private Paradise of an Island Eases You Into Off-Grid Living (54 photos)
ALSO ON YAHOO REAL ESTATE
CLICK HERE: Developer Bet on Billionaires’ Hunger, and Won: The Story Behind ‘L.A.’s Most Extreme Home’ (46 photos)
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Zillow’s Chief Economist Talks About Rise in Home Prices
yahoo
Home prices are up 5.8 percent year over year, according to the latest U.S. numbers. Melody Hahm of Yahoo Finance just spoke to Zillow's chief economist, Stan Humphries, about the housing market and expectations.
One interesting set of statistics he cites: Homeowners are spending about 15 percent of their income on mortgage payments, considerably lower than the historical 21.3 percent average; yet renters are spending about 30 percent of their income on rent, a substantially higher figure than the 25 percent average. Details about those figures can be found on Zillow's website — but it's important to note that the mortgage payment includes only principal and interest, not taxes and insurance (in other words, only the "PI" in the common PITI figure). So homeownership isn't necessarily quite as cheap as it might seem compared to rent.
Humphries acknowledges that the housing appreciation rate has slowed a lot over the past couple years — it was 12.1 percent year over year in August 2013 — but says that's a good thing.
"Home prices were really appreciating too quickly back then," he tells Hahm, "and that’s bad for the housing market because it risks reinflating another housing bubble. So we’re happy to see a little bit lower gains, but they’re still very robust. ... You have to compare that to the historical average where home prices rise about 2 to 4 percent a year."
More money wisdom on Yahoo Real Estate:
• 9 Worth-Every-Penny Home Upgrades • Tax Deductions No Home Seller Will Want to Miss • 8 Ways to Boost Your Home's Value
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