Real Estate
Check Out Lauren Conrad's Pacific Palisades Flip
The all-gown up 'Laguna Beach' star Lauren Conrad is hopping to make a pretty penny, flipping her Pacific Palisades pad.
BY Lisa Kaplan Gordon at Realtor.com
PACIFIC PALISADES, CA — Fashion mogul and TV personality Lauren Conrad has put her home in Pacific Palisades, CA, on the market for $5.2 million, according to The Real Deal.
Conrad, the former darling of “The Hills” and four-time Teen Choice Award winner, bought the 5,900-square-foot, Spanish-style home in April 2015 for $4.4 million. Perhaps inspired by her reality TV compadres on HGTV, Conrad looks to be starting a side business as a home flipper.
Find out what's happening in Pacific Palisadesfor free with the latest updates from Patch.
The five-bedroom, 5.5-bath house features vaulted ceilings, a white kitchen with two prep islands, a butler’s pantry, and two patios with outdoor fireplaces. We love the dark wood beams throughout the first-floor living area and the enormous shower in the master bathroom.
“It is a magnificent property,” says Keller Williams’ Linda Ferrari, co-listing agent with Cary Glenn of Main Beach Realty.
Find out what's happening in Pacific Palisadesfor free with the latest updates from Patch.
The current median list price for the 90272 ZIP code is $3.4 million, which means Conrad’s gated home nudges the upper end of prices in the Palisades. But it doesn’t come close to touching the top properties for sale right now: There are four homes in her ZIP with asking prices of $20 million and more.
In December 2015, we noted that Conrad had listed her glamorous Beverly Hills penthouse for $3.2 million. According to property records, the two-bedroom unit wound up selling for $2.6 million in February 2016. A price slice to be sure, but it’s still double the $1.3 million she paid for it in 2012.
Will she see a sweet return on her investment in the Palisades as well? Stay tuned…
BY Lisa Kaplan Gordon is an award-winning freelancer who's written about real estate and home improvement for realtor.com, Yahoo, AOL, and many others. Follow @kaplan_lisa
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