Is Jennifer Aniston's Home Worth $42 Million?

jennifer anistonJennifer Aniston just listed her eco-friendly Beverly Hills, Calif., bachelorette pad for a whopping $42 million. The 10,000-square-foot home, with stunning 180-degree views of Los Angeles, was designed by mid-century architect Hal Levitt and last year featured in Architectural Digest after Aniston gave it an eco-friendly overhaul including solar panels.

But at just one acre, is it worth the steep price?

Beverly Hills Realtor Chad Rogers
, former star of Million Dollar Listing, doesn't think so.

"It's my professional opinion that the property is not worth $42 million in the current market," he says, adding that a comparable neighboring property sold a few months ago for $13 million (at $2,680 per square foot).

Aniston's home is priced at $4,200 per square foot.

The large price tag no doubt reflects the amount Aniston put into the renovation. A Beverly Hills insider reports that Aniston was rumored to have dropped quite a bit of cash on upgrades, including a sophistocated security system, including a paparazzi-proof fence.


The Balinese-style home, listed with Jade Mills of Coldwell Banker Previews International, seems to suit the yoga lover with its earthy feel, indoor-outdoor living and tranquil water features: The property has a pool, spa, ponds and fountains. It sits right above Sunset Boulevard, and in the desirable Trousdale Estates area.

Inside, the stone, glass and wood home has 5 bedrooms and 7.5 baths, including two in the master suite. According to Forbes, the master suite originally "his" and "hers" baths but the single Ms. Aniston converted the "his" to a spa room with a sunken spa tub and steam shower.

One of the highlights of the home is the kitchen space, which is slightly odd because doesn't Aniston have a private chef delivering meals to her? Here she's got a main kitchen with such luxuries as a pizza oven with a separate professional catering kitchen where a staff can inconspicuously prepare meals for a party.

"She did an absolutely phenomenal job renovating the original property," says Rogers. "There are very few properties in this area that compare to the aesthetic of Aniston's home. However, when comparing directly to its competition, the asking price of Aniston's home is still a lot higher than other homes in the neighborhood."

Of course, Aniston's star power will help draw attention to the listing, and likely entice some buyers, but Rogers doesn't believe that will be enough.

"At the end of the day, I don't believe it will actually sway a buyer to purchase this home for considerably more than what its worth."

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Jennifer Aniston and Adam Sandler Joke Around
Carrie Culpepper blogs about design at culturefix.wordpress.com.

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33 Comments

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pekingshihtzu

I hate this house and totally agree with Chad Rodger it's not worth 42 MIL I know she sold it and hope she enjoys living in NYC

August 05 2011 at 10:48 PM Report abuse rate up rate down Reply
Allegra

Chad is extremely familiar with the market and has an excellent sales record. He's right about the price he's suggested and his track record proves it.
Jennifer is nuts. She only paid $13 million for the place, and it's a dump compared to the homes in the price range that she's asking for now. There's plenty of pictures of the house on the internet, and if she sunk a fortune into renovating it, then she got rooked. I wouldn't even pay a million for it.
There's plenty of houses in the price range Chad refers to that have spectacular views of the city. She's not even on the ocean for god's sake.
So now she's paid $5.9 million for her new place in New York. Anything wrong with this picture?
Talk about trying to gouge the market in an economy that is in the toilet.
Her "star" power never even existed, and even if it did, huge stars can't dump gorgeous properties for the kind of prices she's asking. Guess her head has swelled quite a bit.
Get real Jennifer, and list it in the $13-$15 million price range if you're serious about selling it.
Pathetic.

May 09 2011 at 8:30 AM Report abuse +1 rate up rate down Reply
Latoya Rutledge

When it comes to selling real estate, one of the most difficult and frustrating situations for sellers is when market conditions make it nearly impossible to sell at the desired price point. A high initial listing price might be because the seller simply has an unrealistic idea of how their house stacks up against the competition in the area, or because the owner needs to sell for a set minimum price in order to pay off their loan against the property.

With traditional property sales methods, the only way to prevent the property from sitting on the market indefinitely is to keep dropping the price. Unfortunately, this technique doesn't always work - especially if the seller is unwilling to "discount" their house by much.

In areas flooded with homes for sale, reducing the asking price slightly will not bring the desired result. In fact, it's common that the property will continue to sit on the market without offers, alongside the multitude of other unsold properties with similarly reduced prices.
www.cash4cashflow.com/jhansbury

April 19 2011 at 5:02 PM Report abuse -1 rate up rate down Reply
perfectnygrk

I own a mansion in the ny area. If Jen wants to keep her place, meet an amazing grk, collide into an amazing/refreshing and fun world, contact the above on aol. It will be a whirlwind.......just give it a shot. .

March 12 2011 at 10:30 PM Report abuse rate up rate down Reply
perfectnygrk

Chad rogers can kiss my schlong. Little gay guy with his mop head thinks he knows about property. Stick to what you know....schlong *******.

March 12 2011 at 10:18 PM Report abuse rate up rate down Reply
M

Angelina Jolie might want it since she likes Jen's used stuff!

March 06 2011 at 4:50 AM Report abuse +1 rate up rate down Reply
sylvie

If I want to stay at a hotel i'd go to ritz carlton.....this shell of a house lacks warmth and comfort and definitely not a home, no wonder she seems to have a lot of self esteem issues. Goes to show all the wealth in the world can't buy happiness and mental stability.

March 06 2011 at 1:25 AM Report abuse +1 rate up rate down Reply
rosee

why are you all so drooling and envious. I detest people that are so jealous of someone that has made a good life for themselves. Jennifer is a very lovely actress with class. Now. don't you all wish you had that home.? envying will get you nowhere. If you are so disappointed with your selves, that's a pity. get a life.

March 05 2011 at 11:12 PM Report abuse -1 rate up rate down Reply
Granny

One thing I learned when I bought and then several years later sold my home. A house is only worth what someone is willing and able to pay for it. With the market as it is today...I wish her goodluck.

March 05 2011 at 10:52 PM Report abuse +1 rate up rate down Reply
t

you snotty azzed people need to go srw yourselves, she has money and talent and you have none or you wouldn't be hanging waiting to find mean selfish crap to speuw out of your disgusting mouths. So what she can afford to buy a home and put tons of money into and try and sell it, if she does it isn't any of your problem, she has more class and talent in her little finger than any of you self rightous fools have in your whole body. IF you don't like her, don't read about her. GO AWAY

March 05 2011 at 7:20 PM Report abuse -1 rate up rate down Reply