Matthew Perry Lists Home for $13.5 Million

Back in August, Matthew Perry purchased a new home on Sunset Strip for $8.65 million and listed his Sierra Towers condominium—and former home of Elton John—on the market for $2.99 million, which ended up selling for $2.85 million. Apparently these moves were merely the beginning of Perry’s real state endeavours, as he has now placed another property on the market.

The property in discussion was purchased by Perry in 2005 for $6.55 million. Considering the current real estate market, despite the luxury real estate market progress, surely Perry only listed the home for slightly above (or even below) what he paid before the crash? Not so much.

Instead, the asking price for this four bedroom property is actually a shocking $13.5 million. The home is incredibly modern, has great pool, and is complete with windows overlooking the beautiful surroundings. The home is on the beach and has a truly amazing movie theatre inside. Not to mention, the outside has a great fire pit that is perfect for entertaining guests.

However, even with all of these perks an asking price of $13.5 million seems a bit steep and unrealistic for a 4 bedroom home that only rests on a little over 2.3 acres and is 3,677 square-feet of living space.

Time will tell if this Mr. Sunshine star will actually be able to unload this property for the steep asking price or if we will start to see the list price tumble like many other homes that are currently on the market. Granted, ties to fame helps celebrities part with their homes; however, we are not so sure that ties to Matthew Perry can get a buyer willing to pay twice as much as Perry paid, especially in this economy.

At the end of the day, this is a great modern home with stunning views, but the price tag of $13.5 million is more than a deterrent. Perry should probably reconsider his asking price if he desires to rid himself of this property in the near future. 

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