Did Paul Allen Buy A Big Bay Area Crib?

BUYER: Paul Allen
LOCATION: Atherton, CA
PRICE: $27,000,000
SIZE: 22,005 square feet, 6 bedrooms, 6 full and 4 half bathrooms

YOUR MAMAS NOTES: Your Mama already knows we're a little late to this particular high-profile property purchase party but we can't resist us a little ditty about a multi-billionaire philanthropist and hardcore real estate baller like Microsoft co-founder Paul Allen who—so the scuttlebutt goes—just added a newly constructed, $27 million mansion in the über-affluent Silicon Valley community of Atherton (CA)* to his already substantial residential property portfolio. Or did he?

None of the three property records data bases Your Mama consulted reflect a recent transfer of ownership from Pacific Peninsula Group (P.P.G.)—the upscale architecture and property development concern that purchased the property in question in the last days of 2010 for $5.9 million—but, sho enuf, butter beans, the San Mateo County Assessor's online portal shows the high-priced property recently traded from P.P.G. to a private family trust named after and controlled by Jo Lynn Allen. Jo Lynn Allen, a woman more publicly known as Jody, is Paul Allen's sister. This would suggest to Your Mama—but certainly not prove—that the Atherton spread was acquired not by Mister Allen but rather by his sister and right hand woman.

Miz Allen, along with her brother, co-founded and is the president and CEO of Vulcan Inc., the entity that manages the vast and varied business investments for the Allen family. She also serves as the co-founder and president of the Paul G. Allen Family Foundation that oversees much if not all of the philanthropic endeavors of the Allen family and she serves as the president of Vulcan Productions, a documentary and independent feature film production operation with credits that include Martin Scorsese Presents The Blues, Far from Heaven and Hard Candy.

Your Mama's research on the interweb indicates Miz Allen's primary residence, like her brother's, is on Mercer Island, a prestigious residential island at the south end of Lake Washington, five or seven miles from downtown Seattle. However, six or so months ago the Allens announced their investment arm, Vulcan Capital, planned to open a tech/internet investment office in Palo Alto, CA, the spiritual if not geographic heart of the Silicon Valley. Given that development it's really not so odd or surprising to Your Mama or any other property gossip that either or both of the Allens might opt to buy a considerable and considerably plush home base in the Bay Area. This one, the one bought with a trust in Miz Allen's name, is conveniently just three or four miles from Vulcan Capital's downtown Palo Alto offices. Listen, chickens, what do we really know? For all we know Mister and Miz Allen will share the super-size house in Atherton as a very part-time pied-a-terre. Stranger things have happened. Anyhoodles, poodles...

Tucked privately down a discreet, private driveway on a 1.97 acre flag lot, the decidedly contemporary and approximately 22,000 square foot main house, as per listing details Your Mama dug up on the internets, contains six bedrooms, six full and four half bathrooms, and seven fireplaces. In case any of y'all might be wondering, 22,000 square feet is nearly ten times the size of the average American home. A self-contained, kitchen-equipped guest house next to the backyard swimming pool has two more bedrooms and bathrooms while, attached to the five-car garage, there is what listing details describe as a "House Manager Suite."

This huge and arguably self-indulgent abode may not fit your assiduous personal preferences of architectural purity and perfection but, as far as this property gossip is concerned, it can and should be appreciated—and/or criticized—as a painstakingly concocted, exquisitely crafted, and exceptionally spacious residential monument to extreme wealth and minimalist-minded haute luxury.

The austere yet sumptuously sybaritic, light-filled, and imposingly stately residence does quite happily without florid or frivolous architectural details, i.e. the house lacks any ceiling moldings and makes use of only the simplest of baseboards. Instead, the mansion cleaves to an organic but elegantly astringent and exquisitely discriminating materials palette that includes: wood floors that Your Mama would be surprised to learn are not French oak or some other insanely pricey imported wood; windows and doorways framed in wide but simple strips of teak or some other exotic and rare wood; meticulous mill work that includes a repetitive gridded paneling that pops up throughout the house; and a variety of custom cabinetry styles smartly unified with extra thick slabs of marble or some other wickedly costly stone.

A double-height foyer anchored by a muscular glass and metal stair case leads directly into a voluminous double-height formal living room with a raised hearth fireplace, clerestory windows, and a towering trio of transom-topped windows with a long view framed and funneled by a treed allée of undetermined species. In the formal dining room the (could be off-center) fireplace was elevated to table height and three transom-topped glass doors provide easy access to the extensive entertainment and recreation terrace(s) that runs along the back of the house. Listing photographs also show three more more transom-topped windows in the otherwise fully-paneled library/office that open to the rear terrace.

A long butler's pantry links the formal dining room to the less formal family quarters that—as best as we can tell—includes a snazzy, crisp, and clean-lined kitchen with two central work islands as well as a double-height family room and an adjoining breakfast room with (at least) two walls of rectangular-paned glass.

A fully fitted and finished lower level appears to contain several casual living areas and lounges, at least on of which has an entire wall of frameless glass that opens out to a small terrace and long staircase that ascends grandly to the stone terrace that surrounds the dark bottom swimming pool and inset spa. (The LED lighting installed along the steps the lead up from the pool deck to the lawn lend an interesting graphic touch to the night lighting but, call Your Mama old fashioned—and we've been called so much worse than old fashioned, children, it comes off as a little too Las Vegas for to our personal and possibly persnickety outdoor lighting scheme likes and dislikes.

Whichever Allen—Paul and/or Jody—makes use of the Atherton residence in question will have some very powerful tech industry titans for neighbors: one time Republican gubernatorial candidate and current Hewlitt Packard president and CEO Meg Whitman, veteran Yahoo! executive turned angel investor Farzad Nazem, multi-billionaire financier Charles Schwab, Intuit co-founder Tom Proulx, and Google executive chairman Eric Schmidt who—Your Mama heard through the Platinum Triangle gossip grapevine—has been peeping high-priced properties in Los Angeles and even made a (rejected) low-ball offer on a quirky but dignified (and published) Tudor-style pile in Beverly Hills owned by Emmy-winning Tinseltown writer/producer Max Mutchnick (Will & Grace) and his unfortunately-named husband, Erik Hyman, a partner at a high-powered L.A. law firm.

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Back in the fall of 2010 Your Mama made an extensive (but not necessarily complete) catalog Mi ofster Allen's rather monumental private residential property portfolio so if any of y'all would like more lengthy discussions of the properties we suggest you go here, here, and/or here but allow us here to be somewhat more brief.

Mister Allen, who owns both the Seattle Seahawks and Portland Trailblazer sports teams, has long maintained a massive, waterfront compound on Mercer Island, WA, that comprises at no fewer than nine large residences with at least three that claim direct frontage on Lake Washington. Also up in the Pacific Northwest, Mister Allan owns not just one but two private islands in the San Juan Islands chain.** He built an extensive family camp on one of them and had other, the less developed 292-acre Allan Island, up for sale for the last few years. It's currently listed at $13.5 million.

In Los Angeles, Mister Allen owns an impressive, gated estate in Beverly Hills—it has a funicular-accessed tennis court—as well as The Enchanted Hill, a fabled and much fretted over 24-acre tract of land in the mountains above Beverly Hills where, at one time, he toyed around with building a spectacularly large house. In 2010, like all good real estate ballers with southern California real estate interests, he dropped $25 million for a glassy contemporary on Malibu's swank Carbon Beach***

Since 1993 Mister Allen has owned the 4,000+acre Teton Ridge Ranch outside of Tetonia, ID, and—we're not quite sure when—he paid somewhere about $7.5 million for the historic, water front Thurston Estate in Kailua-Kona, HI, and in New York City, Mister Allen maintains a mansion-sized duplex penthouse atop one of the most expensive and exclusive buildings on Fifth Avenue. He reportedly picked up an 18-room, full-floor spread in 1996 for about $14 million and, in the fall of 2011, quietly forked over $25,000,000 in an off-market deal for a 7-ish room penthouse with extensive terracing that practically hover over Central Park.**** Mister Allen's international holdings are oft reported to include a sizable townhouse in the hoity-toity Holland Park area of London***** as well as a villa in fancy-pants Cap Ferrat in the south of France but we don't much about that.

Feeling over loaded and/or overwhelmed yet?

In addition to his land-based holdings, Mister Allen maintains a world-class collection of WWII aircraft, a fleet of private jets that include a Gulfstream or two and at least one custom-fitted Boeing 757—he recently sold one of 757s to brash, publicity-seeking billionaire Donald Trump, and two ship-sized yachts. His 303-foot long Tatoosh (above) has five decks, accommodates 24 pampered guest in 10-12 staterooms, and requires a crew of around 35. The mega-mansion sized boat is fitted with a French limestone fireplace in the main salon, a swimming pool with adjustable floor depth, a movie theater and two helipads. Although it no longer appears to on the market, the steel-hulled Tatoosh was put up for sale in 2010 with a $125,000,000 price tag.

Gargantuan and elaborately appointed as Tatoosh is, it's kind of yachtsman child's play compared to Octopus, Mister Allen's other and much bigger, 414-foot long superyacht. Octopus, said to cost close to $400,000 a week to operate and features two helicopter landing pads, seven tenders, a few jet skis, and two submarines. Yep, submarines, and one of them can be operated by remote control. There's also a swimming pool, a basketball court, and—for his rock star friends—a state-of-the-art recording studio. The Superyachts website shows Octopus can host 26 guests, carries a crew of 57, loads more than 40,000 gallons of fresh water, and requires about 225,000 gallons of fuel to fill up its greedy gas tanks.******

*Atherton was recently pegged by the folk at Forbes as the most expensive zip code in all of the United States with a stratospheric median home price of $6,665,231.

**Some of the children may recall that Speiden Island, a 516-acre island in the San Juans, is currently owned by another multi-billionaire real estate baller, James "Jim" Jannard.

***Other billionaires and near billionaires who own homes along Carbon Beach include Larry Ellison, David Geffen, Haim Saban, Eli Broad, and recent divorcee Jamie McCourt.

****Other residents of the chi-chi co-operative building include: hedge fund fat cat Daniel Nir and his wife, Jill Braufman, who shelled out $29 million for their mid-floor sprawler in 2007; hedge funder Charles Coleman III and his financial services heiress wife, Stephanie, who paid $36,000,000 in 2008 for a Renzo Mongiardino-designed spread previously owned by socialite Veronica Hearst; and pharmaceutical tycoon Howard Solomon who coughed up $25 million in 2004 for his seventh floor spread. We've been told by a socially connected acquaintance that Texas-based billionaires Sid and Mercedes Bass also maintain a residence in the building but we don't claim any other details about that. Anyhoo....

*****Other Holland Park homeowners include Sir Richard Branson, Simon Cowell and Sir Paul McCartney 

******According to the Automobile Association's fuel gauge website, the average price of premium gas in the U.S. yesterday was $3.57. That means if Mister Allen drove Octopus into his local gas station and paid the average price to fill up the 225,000 gallon tanks it would have cost him $803,250. By Your Mama's rudimentary and rounded off calculations, it would take a minimum wage worker in California, who earns $8.00 an hour, more than 48 years of 40-hour work weeks with no time off for sickness or vacation to earn the equivalent to what it costs Mister Allen to fill up just one of his two mega-yachts with gas.

aerial photo (Mercer Island): Bing
aerial photo (Beverly Hills): Bing
exterior photo (Tatoosh): Fraser Yachts
exterior photo (Octopus): Thorongil via Wikimedia Commons
listing photos (Atherton): Pacific Peninsula Group (via Movoto)

Celebrity Rental: James Perse

In support of and in property gossip solidarity with the hardworking kids at Curbed and their annual "Renter's Week," Your Mama thought we'd have a brief look-see at a handful of homes in the sensationally scenic, punishingly pricey, and celeb-saturated seaside community of Malibu, CA, that are currently available for rent and owned by a high profile Tinseltowner...

Los Angeles fashion scion, fancy t-shirt guru, and lifestyle designer James Perse—he of the artisinally super-luxe, single origin cotton lounge wear whose father, Tommy Perse, owns the perennially haute and brutally expensive shopping emporium Maxfield in West Hollywood—has been much in the property gossip columns the last few months.

In September came word came down the real estate gossip grapevine that he and his Bev Hills-bred wife Brandi Briskman—that's  Brandi with an i, thank you very much—paid $6.69 million to acquire a recently redid Euro-country style estate in the Point Dume area of Malibu.* The next month, October, came the dish about how the photogenically laid back couple shelled out another $10.85 million for a 26-acre horse ranch in the Hidden Valley area near Thousand Oaks they bought from veteran house hoppers Ellen DeGeneres and Portia de Rossi DeGeneres.

Now, here we are in November, hurtling towards the winter holidays with alarming speed, and Your Mama digs up digital evidence that Mister Perse and Miz Briskman bathed their recently acquire Point Dume property in Mister Perse's beachy but chic and expensively minimalist signature style and hoisted it back on the market as a partially furnished rental at a rate of $25,000 per month.

Listing details show the gated estate includes an approximately 7,000 square foot residence with six bedrooms, six bathrooms, at least three fireplaces, and a series of interconnected living spaces with wood floors and metal-framed French doors that link to the outdoor living areas. We spied in listing photos a party-sized formal living room, a simple but generous dining room, a roomy game room (with an Old-School ping pong table), and a country-style center island eat-in kitchen with butler's pantry and adjoining den. Somewhere, as per marketing materials, there's a library/study and an art studio, and separate guest/staff quarters.

The back of the house spills out to a trellis-shaded terrace that gives way to a liberally watered, essentially flat, tree-ringed, and soccer pitch-sized lawn. A simple, rectangular swimming pool, spa and sunbathing terrace sits far enough from the house that the lazy will more likely tuck around a nearby tree to relinquish their liquids rather than hump across the vast lawn to make use of the facilities back to the house. Listing details suggest the lucky, deep-pocketed renters will be able to make use of the property's deeded beach rights and keys to the gorgeous and private Little Dume Beach.

*The seller of the Point Dume spread was Dave Matthews Band bass player Stefan Lessard and the obviously very rich Mister Perse and his wife already own a glassy contemporary a couple thousand feet away as the crow flies that they surreptitiously purchased in late 2010 for $16 million and is all but next door to Barbra Streisand's cliff-top compound.

listing photos: Coldwell Banker

Celebrity Rental: Eric Gold and Marcy Kaplan

In support of and in property gossip solidarity with the hardworking kids at Curbed and their annual "Renter's Week," Your Mama thought we'd have a brief look-see at a handful of homes in the sensationally scenic, punishingly pricey, and celeb-saturated seaside community of Malibu, CA, that are currently available for rent and owned by a high profile Tinseltowner...

Television, movie, and musical producer—and talent manager, Eric Gold (Scary Movie, The Wayans Brothers) and actress/writer/producer Marcy Kaplan (The Pre Nup) have their late 1960's Buff & Hensman-designed ocean front spread on sandy La Costa beach up for rent at $75,000 per month.*

Current listing information and other online resources show the 4,300 square foot house was once owned by music legend Berry Gordy and now has casual yet ever-so-costly and smoothly sophisticated interior day-core by L.A.-based lady decorators Elizabeth Barondes and Kelly Morris.

A spacious, open-plan living area has extra-wide plank pale yellow-blond wood floors, a fireplace, a library nook (with backgammon table), and, tucked up behind the dining area, a marble-countered galley kitchen. Glass panels slip into the walls to merge the indoor living area with a glass-railed sea- and beach-view deck for sunbathers, ciggy and doobie smokers, gin and tonic enjoyer, sunset watcher, and star-gazers.

The house claims 60 feet of prime beach frontage and there are three bedrooms and 3.5 bathrooms in the main house, one the well-appointed master, another a children's room with trundle-equipped bunk beds that sleep six. A detached casita that opens off the front courtyard between the house and garage offers another bedroom and bathroom perfectly suite to fornicating and/or flatulent house guests.

Property records indicate Miz Kaplan and Mister Gold purchased their Malibu getaway for exactly $9,000,000 in November of 2009 and their in-town residence, a 9,200+ square foot Gothic Tudor-style mansion behind security gates and privacy hedges in the flats of Beverly Hills, in May 2006 for $8.8 million.

*Listing details ask for interested parties to ring the real estate agent for winter pricing, which Your Mama imagines could be somewhat less than $75,000 per month but what do we really know, right?

listing photos: Coldwell Banker Previews

Celebrity Rental: Cindy Crawford and Rande Gerber

In support of and in property gossip solidarity with the hardworking kids at Curbed and their annual "Renter's Week," Your Mama thought we'd have a brief look-see at a handful of homes in the sensationally scenic, punishingly pricey, and celeb-saturated seaside community of Malibu, CA, that are currently available for rent and owned by a high profile Tinseltowner...

Cindy Crawford—a 47-yeard supermodel glamazon who looks downright sickening in a recent photo shoot for V Magazine—and her beau-hunky former model turned restaurateur husband Rande Gerber have had a real estate foot hold in Malibu. Their main Malibu residence is an ocean front compound that clings to a steep hillside but, since 1998, they've also owned another, much more modest ocean front residence on a sandy stretch of sand between El Matador State Beach and the quickly disappearing Broad Beach. They paid, as per property records, $1.85 million for the upgraded and well-maintained semi-Spanish-style beach house and currently have it up for lease as a long-term furnished rental at $19,500 per month.

Current digital marketing materials reveal the beach-front house sits down a shared but private and gated street and has 3-4 bedrooms and three bathrooms in 2,413 square feet that also includes an main living area that opens through numerous wood-framed sliding glass doors to a glass-railed deck with direct beach access and contemplative views up and down the sand and surf.

listing photos: Coldwell Banker

Celebrity Rental: David Charvet and Brooke Burke-Charvet

In support of and in property gossip solidarity with the hardworking kids at Curbed and their annual "Renter's Week," Your Mama thought we'd have a brief look-see at a handful of homes in the sensationally scenic, punishingly pricey, and celeb-saturated seaside community of Malibu, CA, that are currently available for rent and owned by a high profile Tinseltowner...

So goes the proverb, "If at first you don't succeed, try, try again," and that's exactly what handsome and semi-retired French actor and singer David Charvet (Baywatch, Melrose Place) and his former Baywatch babe turned Dancing With the Stars hostess wife Brooke Burke-Charvet have done with Chateau Charvet, their gated, 3.5 acre estate in the guard-gated and celebrity-friendly Serra Retreat.

In 2011 they unsuccessfully attempted to sell the five-parcel estate with its custom-constructed six bedroom and four bathroom mini-mansion with an asking price of $12.5 million. They then tried to lease the gated estate at a rate of $75,000 per month and now, according to digital marketing materials, they've drastically lowered their asking price to a still tumescent $50,000 per month.

Some of the highlights of the 6,769 square foot house include a formal living and dining rooms, a wood-paneled study, a 4,000 bottle wine cellar, a "woman's off season closet," and a hidden screening room. The gated and mostly manicured grounds include a motor court and courtyard with an 18th century fountain and gas lamps, formal gardens, a 200-bush rose garden, a citrus orchard, a fresh water swimming pool and spa, and a stone-walled poolside cabana with outdoor fireplace.

listing photos: Sotheby's International Realty

Celebrity Rental: Matthew Perry

In support of and in property gossip solidarity with the hardworking kids at Curbed and their annual "Renter's Week," Your Mama thought we'd have a brief look-see at a handful of homes in the sensationally scenic, punishingly pricey, and celeb-saturated seaside community of Malibu, CA, that are currently available for rent and owned by a high profile Tinseltowner...

In the fall of 2011, always working and residuals rich sitcom star Matthew Perry quietly paid $12,000,000 for a newly re-habbed, Scott Gillen-designed house on a much-coveted stretch of sand that's currently available as a furnished rental at $40,000 per month.

Listing details show the 5,500 square foot, two-story sand sitter has four bedrooms and 3.5 bathrooms including a ocean-view master suite that stretches the full-width of the house on the upper level. An expansive, loft-like open-concept main living area contains a wide plank wood floors, and exposed wood ceiling, a double-sided fireplace, a truckload of slip-covered furniture, and a modern-minded ping-pong table. a wide wall of glass panels disappear into the walls when pushed open and unite the interior spaces with a glass-railed deck that juts out over the sand and, during a really high tide, the surf. The expensively equipped and cook-friendly kitchen has a commercial-grade refrigerator/freezer that cost more than most people's cleaning lady's cars and—natch—there's a state-of-the-art screening room with tiered seating.

Mister Perry, a fairly frequent buyer and seller of multi-million dollar homes, owns at least three other residential properties in Los Angeles: another house in Malibu—a very contemporary place currently used as a luxury sober living house; a sleek, city view residence above the Sunset Strip; and a fairly modest, 1,700 square foot residence in a solid if hardly fancy nabe just off Laurel Canyon Boulevard in Studio City.

listing photos: The Partner's Trust

Rupert Murdoch Recap, Divorce Style

After fourteen years, globally engaged and legally embattled octogenarian billionaire media mogul Rupert Murdoch and his third wife, businesswoman Wendi Deng, have reportedly reached an "amicable" divorce settlement agreement.

Details are still slim but, so the stories go, in addition to whatever child and/or spousal support, cash and/or News Corp. stock she may or may be entitled to, China-born and -raised Miz Deng, who has two school-age children with Mister Murdoch, will retain ownership of the erstwhile couple's courtyard-style villa in Beijing as well as their Manhattan apartment, a 20-room triplex penthouse once owned by American royalty Laurence Rockefeller and grandly perched atop one of Fifth Avenue's finer, limestone-clad buildings (below).

The couple shelled out what was then record-breaking $44 million for the 8,000-ish square foot penthouse in 2004. At the time of its purchase, the titanic urban aerie carried massive monthly maintenance charges of $21,469.07. A few quick clicks and clacks on Your Mama's bejeweled abacus shows that comes to a pearl-clutching $257,628.84 per year.

A quarter million dollars in annual maintenance might seem like a pittance to someone like Mister Murdoch, who has an estimated net worth in excess of $12 billion, but it's an absolutely unimaginable sum for someone like, say a New York State minimum wage worker who earns $7.25 an hour.

Just for shits and giggles, children, let's have a quick look at how long it would take New York State minimum wager worker to earn $257,628.84. A few more slippity slaps on our trusty abacus shows a minimum wage worker in New York State would have to to work 35,535 hours to earn enough money to pay the annual maintenance costs for the Murdoch family's penthouse. A few more bead shifts and we tabulate that 35,535 hours translates into 888.38 forty-hour work weeks. Looked at another way, in order to pay the maintenance on the Murdoch's penthouse for one year, a New York State minimum wage worker would need to work 17 years of forty hour work weeks without a single day of vacation or any time off for being infirm or otherwise indisposed. Seventeen years. Anyways, not that a minimum wager worker is in the market for a $50+ million penthouse...

No word has slipped down the divorce gossip grapevine—at least as far as we know—about which of the Murdochs will hang on to the (former) couple's west coast abode, a privately sited, multi-acre estate on a high promontory above Beverly Hills. Iffin we had to guess, we'd guess it'll be Mister Murdoch who keeps it since he bought it long before he got with Miz Deng in the late 1990s.

Although it's just rumor and gossip as far as we know, several Platinum Triangle real estate insiders have snitched to Your Mama that the Murdoch's Bev Hills estate (above), with its horseshoe-shaped hacienda that was originally designed in the 1920s by coveted architect Wallace Neff, can be toured by well-connected and qualified buyers who know who to call and can stomach and afford the (rumored) $35 million price tag. We were told by the always knowledgeable Peter Propertyseller that Leo DiCaprio made an offer in the $30 million range but the status of the (alleged) offer is unknown, at least to this property gossip.

Even if Mister Murdoch were to sell his Beverly Hills spread—or hand the keys to his newest ex-wife—he's hardly without a luxurious home on the west coast. Some months ago Mister Murdoch completed the $28.8 million acquisition of a 16-ish acre commercial vineyard estate at the western edge of the swanky-panky Bel Air area of Los Angeles (above). The property comprises a 7,700+ square foot main residence, a separate two-bedroom guest house, and a 4,400 square foot office building plus some grape growing related structures.

Some of Mister and third ex-Missus Murdoch's previous residences include Rosehearty, an historic, 4.6 acre water-front estate in the historically high-wasp enclave of Oyster Bay on the gilded North Shore of Long Island (NY). They picked up the bucolic seaside retreat (above) in 2003, had the day-core of the 11 bedroom early 20th-century Colonial mansion done up by presidential decorator Michael Smith. They first put the 10,000-ish square foot manse on the market in mid-2007 for $14.8 million but—and not until after Angelina Jolie and Brad Pitt (allegedly) rented it for a month or two—did not manage to unload it until September of 2011 when, as per property records, private equity mover and shaker Ian Snow and his wife, Mary, coughed up $9.1 million.

Before the luxe-living Murdochs paid $44 million for their Fifth Avenue triplex penthouse, they owned a sophisticated, nearly 10,000 square foot penthouse loft in SoHo they had done up by sophisticated and frightfully pricey French architect/designer Christian Liaigre. They sold the penthouse in December 2005 for $24,675,000 to fashion designer Elie Tahari who, in case you haven't already heard this real estate tale, sold the sophisticated penthouse for $27,500,000 in an off-market deal in June 2010 to computer tycoon turned billionaire philanthropist Ted Wiatt. Mister Wiatt quickly caught a desperate case of The Real Estate Fickle and flipped the nearly 10,000 square foot spread less than a year later at a spectacular, $2.5 million loss to an as-yet unidentified buyer. The children will recall Mister Wiatt was recently in all the property gossip columns and blogs after he quietly paid software heiress and movie producer Megan Ellison $20.5 million for one of the three sleek and modern houses she recently sold in the Bird Streets 'hood above the Sunset Strip in Los Angeles. But we digress...

Your Mama assumes without any proof whatsoever that Mister and third ex-Missus Murdoch surely must have maintained high-priced and high-maintenance home bases in the U.K. as well as his home-nation of Australia. Right? Bueller? Bueller? Anyone Down Under? Bueller?

In addition to their collection of ritzy land-based residences Mister and third ex-Missus Murdoch own at least two floating mansions. Rosehearty was not only the name of Mister Murdoch's Long Island estate but also, somewhat unimaginatively, that of a so-christened 183+ foot sailing yacht (above). 

A peek at the floor plan (below) shows the boat's interiors—worked over, like his former SoHo penthouse loft, by designer Christian Liaigre—can accommodate 12 guests in five state rooms that each have a private head. Crew quarters in the bow of the boat comprise a kitchen/lounge and beds for nine paid sailors in four compact cabins that each have a private subcompact head.

As it turns out Rosehearty (the boat) went up for sale on the open market a few months ago with a $29.7 million asking price. The wind powered vessel—which also has powerful motors, of course—can also, as per online listings, be charted for as little as $200,000 per week. That's a redonkulous amount of money but it's kind of a bargain if you consider that yacht charterers with real dough-re-mi easily drop upwards of half a million to rent ship-sized boats for a week. Anyways...

In the fall of 2011, amid the phone hacking hullaballo that is most certainly a bugaboo in his businessman bonnet, there were reports Mister Murdoch bought Vertigo, a substantially larger, 220-foot sailing yacht with sinuously minimalist and elegantly severe interiors by—you got it—Christian Liaigre. We can't say for sure if Mister Murdoch owns Vertigo because, well, we don't know. But, so the stories go, the sick-rich yachtsman bought the blue-hulled seafaring behemoth from an unexpected and aforementioned character in this real estate tale, Leonardo DiCaprio. Well, hell's bells, children, Your Mama didn't even know L.D.Cap. even had a damn yacht let alone one decked out by Christian Liaigre himself. We also didn't turn up a reported sale price for Vertigo in our ever so brief research but we did turn up evidence that the muscular sea machine can be chartered at weekly rates that begin at £225,000. (In case you American ballers and wannabe ballers might have wondered, that's 362,374 U.S. dollars, at today's rates.)

exterior photo (Fifth Avenue, New York City): Scott Binter for Property Shark
aerial photo (Beverly Hills): Bing; floor plan (Beverly Hills): Moule & Polyzoides
listing photos (vineyard, Bel Air): Surterre Properties
listing photos, Rosehearty, the estate: Sotheby's International Realty
listing photos and deck plan: Rosehearty, the boat: Camper & Nicholsons
listing photos, Vertigo: The Yacht Company