Reese Shaves Shangri-La Price!

Reese Shaves Shangri-La Price!

Reese Shaves Shangri-La Price!

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Reese Witherspoon’s Libbey Ranch was originally built in 1923 for Edward Libbey of Toledo glassware fame as a horse stable. In following years the ranch evolved with other illustrious owners such as Harold Ramis and Kathryn Ireland. Taking into account that it was designed by Wallace Neff with later additions designed by Austen Pierpont, its history alone is intriguing. In 1937, Frank Capra used it as the setting for Shangri-La in his film, "Lost Horizon." Though Kathy Ireland filled the home with her colorful textiles, Reese came in with her own decorator, Kristen Buckingham, who gave it a neutral palette of earthy textures that accentuated the true architectural beauty of the home and blended it into its natural surroundings. The heavy use of stone in the large fireplaces, huge exposed beams, Spanish tiles and century-old hardware that was forged on site gives the home an elegant rusticity.

With a total of 5,481 square feet between the main house and three guest cottages, the compound contains nine bedrooms and nine baths. The main house consists of four bedrooms, four baths and includes large spaces for entertaining. The kitchen also has its own stone fireplace for coziness as well as for the serious cook who enjoys having the ability to cook over a Tuscan-styled grill. In addition to the three guest cottages are a carriage house, swimming pool and spa, horse stables and barn, blacksmith’s shop, four car garage, acres of pasture and organic gardens. For more information.

Reese Witherspoon’s Shangri-La ranch, originally listed at $10 million, now asking $5.9 million.

Source: www.villagesite.com