The Prince & Zsa Zsa Return!

The Prince & Zsa Zsa Return!

The Prince & Zsa Zsa Return!

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Zsa Zsa is the last of the true glamor girls, now at the age of 96. She was born in Budapest in 1917 during World War I, became an actress in Vienna at age 15 and was crowned Miss Hungary in 1936. She eventually moved to the United States along with her two sisters (sister Eva starred in the long time TV hit "Green Acres" and sister Magna married Zsa Zsa’s third husband George Sanders) and mother. Her beauty was legendary, her personality bubbly and her accent forever famous. She had nine husbands including Paris Hilton's great uncle, Conrad Hilton. Another ex was Jack Ryan, the inventor of the Barbie Doll. She really is one of the very last of the Hollywood Golden Age movie stars.

While Zsa Zsa had much success as an actress, celebrity and socialite, she has not had much luck in the real estate world. Zsa Zsa purchased her current Bel Air home in 1973 for $250,000. There are several versions on the home’s history, including that it was built by John Zurlo, who was a Los Angeles milkman who would, "get up at 3 in the morning and drive out of Bel Air in his milk truck." It seems that Mr. Zurlo eventually rented the home to Howard Hughes for most of the 1960s. According to Zsa Zsa, the house was also owned by Elvis Presley. House guests have included John Kennedy, Frank Sinatra, Elizabeth Taylor, Ronald Reagan, Henry Kissinger and both George H. and George W. Bush. The home has its own movie history having been the film site in a number of movies including Argo and the just released HBO movie "Behind the Candelabra." But despite the all star credibility, Zsa Zsa can’t seem to sell it. She put the home on the market in June, 2011, and it has been an ongoing sad saga ever since.

Zsa Zsa originally wanted $28 million for her home but in a bad real estate market, her real estate agent convinced her to start out at $12.9 million for the 8,878 square feet, 26-room estate. But she had no takers so she upped the price to $14.9 million in 2012. With mounting money problems due to her poor health and a $10 million Bernie Madoff problem, the home was on the brink of foreclosure last year, only to be saved through a social media plea from current husband Prince Frederic von Anhalt.

Prince von Anhalt may have temporarily rescued the home for Zsa Zsa but he’s not really a prince and he seems to have made selling the home much more difficult. Such as demands that after selling the home, he and Zsa Zsa could continue to live in the home for three years. Plus a $325,000 a year stipend! Talk about making a rough real estate market even worse!

But miracles do happen, and it seemed that the home was finally sold in April. People in the Southern California real estate business reported that the home had sold to an Asian gentleman, complete with the three year life estate stipulation and the $325,000 annual support payments. Hallelujah! Zsa Zsa’s prayers were finally answered!

Or maybe not. Alas, the latest scoop is that the sale seems to have fallen through and the house is back on the market. Once again, the asking price is $14.9 million.

Zsa Zsa Gabor & Prince Frederic von Anhalt home sale falls out. Back on market at $14.9 million.

Source: www.robertericksonteam.com