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Celebrity Real Estate: Ozzy and Sharon Osbourne List Mansion in Hidden Hills

[Update March 25, 2013]: This home finally sold for $11,500,000 on March 12, 2013 which is $888,500 less than the original purchase price of $12,388,500 back on August 3, 2007. The Osbourne's originally listed at $12,999,000 back on June 30, 2011 which translates into a massive $1,499,000 reduction to the sold price. This home sold in over two years time which at point included a lease option. It appears that Jessica Simpson purchased this home according to US Weekly magazine. To further confirm said purchase, the name listed on the property records is Jessica Simpson's business manager, David Levin. Additionally, this home is already being remodeled by Simpson who is converting the walk-in closet into a nursery for Simpson's second child. Also, there is rumor that the home may be the location of her wedding to retired NFL star Eric Johnson.

[Update October 22, 2012]: I am extremely late on reporting this but back on August 9, 2012, the Osbournes listed their Hidden Hills home for rent at $50,000 per month in addition to listing it for sale for $12,999,000 which has languished on the market since June 2011. Talk about patience!

[Original Post]:
Hot off the MLS presses courtesy of the always hilarious Your Mama at the Realestalker is a communique that  rock and roll legend and talent judge extraordinary Ozzy and Sharon Osbourne are selling their Hidden Hills hideaway. 

This Cap Cod inspired home sits on 2.5 acres with city and mountain views. The property measures 11,000 sqft with 6 Bed/8 Baths including guest apartment with kitchenette, spiral staircase, state of the art chef's kitchen, pool with separate shallow pool, BBQ island, and outdoor shower amongst other amenities. 

The Osbournes purchased this property in August 2007 for $12,388,500 and now have listed for $12,999,000. Depending on this difficult market they may have to sell at a lower price and could possibly take a loss when factoring in commissions, fees, and taxes. The property records are listed under trust.

The Hidden Hills enclave is home to numerous celebrities including the Kardashians/Jenner clan, Howie Mandel, Beau Bridges, new resident Britney Spears, Jennifer Lopez & Marc Anthony.

You can view more celebrity real estate listings here.

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Marty Mcfly

Anything and everything about the San Fernando Valley. This blog will take you back in time when the valley was covered with dirt and orange groves to a leader in the space race to its current status as America's suburb. Come along and join me on this adventure, I guarantee you have been influenced/impacted by the San Fernando Valley in one form or another even if you have never visited or heard of the SFV.

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