real estate

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Essay Contest Prize: $900K Maine Inn

Janice Sage will hand over Maine property to contest winner

(Newser) - If you've always pictured yourself as the owner of a 210-year-old inn in Maine, you better put pen to paper pronto. The owner of the historic Center Lovell Inn and Restaurant is retiring after 22 years and plans to continue the tradition of passing the $905,000 property to...

Saudi Prince Selling NYC Digs With 3 Panic Rooms

And its own fitness center, hair salon

(Newser) - Saudi Prince Nawaf bin Sultan bin Abdulaziz Al-Saud is apparently quite concerned with security. The royal is selling an apartment he owns on New York's Upper West Side, and the Wall Street Journal reports that the 10,500-square-foot triplex in the Heritage at Trump Place features not one, not...

Trailer in the Hamptons: Yours for $1.1M

Property originally cost $300

(Newser) - In 1956, fisherman Richard Lester paid $300 for 0.36 acres of property in the Hamptons. Later, he added a $15,000 trailer. Now, the whole thing can be yours for the low, low price of just $1.1 million, the New York Post reports. "You are not dreaming,...

After 2012 Loss, Romney Went on Real Estate Binge

He's now got 4 swank houses, which could present an image problem

(Newser) - Mitt Romney might have gotten a little notoriety for his house with the car elevator , but that was the tip of the real estate iceberg and the buying binge he went on in the wake of his 2012 loss. As the Boston Globe reports, "For the first time in...

Manhattan Condo Sells for Record $100M

It's the priciest place ever sold in New York City

(Newser) - The decimal points alone could buy a posh residence: An unknown buyer has paid $100.47 million for a Manhattan condo overlooking Central Park. The 11,000-square-foot penthouse is in the luxe One57 apartment tower, reports the Real Deal . It's not only the highest price ever paid for a...

Tech Whiz Snags Beverly Hills' Priciest Home

Markus Persson's new digs include a candy room, iPad-controlled fountains

(Newser) - It's the most expensive home ever sold in Beverly Hills: a 23,000-square-foot mansion with eight bedrooms, 15 bathrooms featuring $5,600 toilets, an 18-seat theater, fountains controlled by iPad, vodka and tequila bars, and something called a "candy room." But the $70 million home wasn't...

'Chinese Beverly Hills' Comes to America

Wealthy buyers snap up McMansions in Arcadia, Calif.

(Newser) - Dozens of new McMansions are cropping up in an LA suburb with the usual wine cellars and marble-lined entry halls. What's turning heads: Asians are buying most of the properties and transforming Arcadia, Calif., into what some call the "Chinese Beverly Hills," the LA Times reports. In...

Tax Dodgers' Lair for Sale, Maybe With Land Mines

Tax-evading couple once holed up in property

(Newser) - If you're currently in the market for real estate, the Guardian has a find for you: a beautiful hillside home on 100 acres in New Hampshire for $250,000. The slight downside: You might run into some explosives in the area. The home used to belong to Ed and...

'Godfather House' for Sale for $2.9M

Staten Island mansion's exterior prominently featured in film

(Newser) - If you would like to live as Don Vito Corleone lived, you (kind of) can, for just $2.89 million. The 6,248-square-foot Staten Island mansion whose exterior was used in The Godfather is up for sale for that much. As the Staten Island Advance explains, five homes on Longfellow...

Home Buyers Might Want to Invest in Meth Test, Too

Indiana couple learn the house they bought was contaminated

(Newser) - Those buying homes in the US have learned over the years to check for things like mold and radon. As a couple in Indiana learned, it might be wise to add meth to the list, reports ABC News . Chris and Jenny Nugent bought a $144,000 house in suburban Indianapolis...

Connecticut Ghost Town Up for Auction

Start your bidding for Johnsonville, Connecticut, at $800K

(Newser) - Bidders who aren't scared off by million-dollar purchases can take possession of an American ghost town in Connecticut. Johnsonville was a robust mill community in the 19th century, but it is now abandoned and up for sale at auction.com . Bids start at $800,000, and the top one...

Home Buyers Pay Extra $122K for Family's Cat

Australian family agrees to throw in Tiffany

(Newser) - It's difficult to put a price on a family's love for their cat, unless you're in Australia, where $122,000 seems to do the trick. A buyer bid that amount over the asking price for a home valued at about $1.8 million—as long as the...

Ocean-Front Home Built on Wrong Lot
Ocean-Front Home
Built on Wrong Lot
Oct 14, 2014 2:46 PM CDT

Ocean-Front Home Built on Wrong Lot

Builder didn't catch survey mistake in Florida

(Newser) - A brand-new 5,000-square-foot-home in a gated Florida community has a lovely view of the ocean—and of the vacant lot next door where the home was supposed to have been built. Yes, a builder put up the $680,000, five-bedroom home on the wrong lot in Flagler County, reports...

New Real Estate Behemoth: Zillow Buys Trulia for $3.5B

All-stock deal may drastically affect real estate agents' livelihood

(Newser) - Apparently, we're starting the workweek with competitors eating each other for breakfast. First Dollar Tree announced it would be buying rival Family Dollar, and now real estate heavyweight Zillow is snatching up competitor Trulia for a hefty $3.5 billion, reports the AP . The all-stock deal will result in...

Chicago Is Selling Vacant Lots for $1

But only to their neighbors

(Newser) - Even Detroit doesn't have city real estate cheaper than this. Chicago is now offering vacant lots for just a buck each, NPR reports. But before you start dreaming of your new life as a Windy City land speculator, you should know there's a catch: You have to...

For Sale: Entire SD Town, $400K, Bar Included

Tiny Swett could be yours

(Newser) - It's time to mine the couch cushions for change again, because enough pennies could buy you bragging rights to an entire town: This time, it's tiny Swett, SD, that's up for sale. And, as the Rapid City Journal reports, $399,000 will get you the Swett Tavern,...

Oceanfront Mansion Built in Park Must Be Removed
Oops: Oceanfront Mansion Must Be Removed
in case you missed it
Jun 21, 2014 11:31 AM CDT

Oops: Oceanfront Mansion Must Be Removed

It got built, accidentally, inside a Rhode Island park

(Newser) - Oceanfront view? Check. Jacuzzi? Check. A proper survey spelling out where this $2 million mansion was supposed to be built in Rhode Island? Not so much. The state's Supreme Court has ruled that a three-story home built in Point Judith in 2010 must be removed because it went up...

Ferris Bueller House Finally Sells

Cameron's home goes for $1.06M

(Newser) - After more than five years on and off the market, an Illinois home made famous in Ferris Bueller's Day Off has sold. The home, located in the Chicago suburb of Highland Park, is the one where Bueller's best friend Cameron lives in the movie—and where he sends...

East Hampton Home Sells for Record $147M

Activist-investor snaps up mansion

(Newser) - In the market for a modest little beach house on Long Island? Why don't you paw through your couch cushions and see if you come up with $147 million, because that's what you'd need for the East Hampton beach estate that just sold to hedge fund manager...

Detroit Suburb Now Hawking Vacant Lots for $1

But only to adjacent property owners

(Newser) - A Detroit suburb is offering to sell city-owned vacant lots to adjacent property owners for $1. Warren Mayor Jim Fouts made the announcement in a news release yesterday, saying the suburb owns 136 lots from past tax-reverted purchases from Macomb County and 70 more will be available with this year'...

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