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Arnold Schwarzenegger

Ludicrously Expensive Celebrity Homes

Arnold Schwarzenegger: The bodybuilding actor who governs California is currently living in a ‘temporary’ home in Brentwood that cost him over $11 million. It’s 13,000 square feet in size and includes a screening room, a gourmet kitchen and a gym. Of course, the governor also has to spend a lot of time in the state capital for work; he doesn’t own a home there but reportedly pays $65,000 per year for a hotel suite.

Avril Lavigne

Ludicrously Expensive Celebrity Homes

Avril Lavigne: The singer used to live in a Beverly Hills mansion with husband Derek Whibley but she’s moved out of the almost 7,000 square foot place and now it’s on the market. The California real estate market isn’t quite as buoyant as it once was as it is currently embroiled in the subprime mortgage crisis.so she’s had to drop the asking price for her home inside a gated community at the top of Mulholland in the Hollywood Hillsfrom $7 million down to $5.8 million. We think she’ll still do just fine though.

Reese Witherspoon

Ludicrously Expensive Celebrity Homes

Reese Witherspoon: You would think that a 4 bedroom home in the country would be moderately priced. That’s not the case with Reese Witherspoon’s California home which has a list price of almost $7 million. The home is a historic 6 acre ranch in Ojai Valley where Witherspoon can relax to her heart’s content. Guests can stay in either of the 2 detached cottages, each with their own bathroom.

Nicholas Cage

Ludicrously Expensive Celebrity Homes

Nicholas Cage: Some celebrities have one awesome house that cost them a lot of money. Others, like Nicholas Cage, practically collect expensive homes. He had one home in Malibu that he sold for $10 million back in 2005 in order to finance the recent purchase of a property on a Caribbean island. In 2006, he purchased a German medieval castle and also purchased a 40 acre private island. That apparently wasn’t sufficient because in 2007 he bought a 12-bedroom home in Rhode Island, a castle in England and a $3.5 million home in New Orleans’ French Quarter.

Moby

Ludicrously Expensive Celebrity Homes

Moby: Moby is a singer who is at least partially known for his activism. He bought a 2-bedroom Manhattan home for $4.5 million and then spent a decent amount of money to fix it up only to decide that he didn’t want it after all. It’s been on the market (priced at over $7 million) for a little while now and Moby really wants to sell it so he’s offered $75,000 to any of his friends who can find a buyer for him.

Oprah Winfrey

Ludicrously Expensive Celebrity Homes

Oprah Winfrey: Oprah Winfrey used to live in a $6 million Italian-style villa but she traded up for a $50 million, 14,000 square foot mansion on a 42 acre estate in Montecito with mountain and ocean views. So what did she get for her money? 6 bedrooms, 14 bedrooms and 10 fireplaces for a start!

Tom Cruise & Katie Holmes

Ludicrously Expensive Celebrity Homes

Tom Cruise & Katie Holmes: This couple loves collecting expensive homes so that they can have a few nice places to choose from when trying to escape the press. They own a 6-bedroom home in London that cost nearly $5 million and includes a greenhouse and a sports pavilion. They also have a nice home in Telluride, Colorado. But the real attention-getter is the $35 million home in Beverly Hills. Of course, now that we have seen what Cruise is really like we care less about Cruise’s wealth and look forward to his next video interview.

David & Victoria Beckham

Ludicrously Expensive Celebrity Homes

David & Victoria Beckham: Just down the street from Cruise and Holmes, another hot couple recently purchased a mansion worth $22 million. It’s an Italian-style 6-bedroom mansion with a pool, fountains and a view of the ocean. There are numerous full-length mirrors throughout the house where Victoria is regularly seen practicing her pout.

Vidal Sassoon

Ludicrously Expensive Celebrity Homes

Vidal Sassoon: Now there’s a name that you know for its product. This hairstyling genius has a Bel-Air home that’s worth nearly $20 million. Among other amenities, the home includes its own gallery, a large swimming pool and has commanding views over the Catalina Islands.

Olivia Newton John

Ludicrously Expensive Celebrity Homes

Olivia Newton John: If you’re interested in purchasing the 6,400 square foot Malibu residence of this singer then now is the time to buy since the asking price just dropped from $14 million down to just under $13 million. What a bargain!

Mary J. Blige

Ludicrously Expensive Celebrity Homes

Mary J. Blige: You may not have ever heard of Saddle River, New Jersey before but it’s where Mary J. Blige has her 18,000+ square foot mansion. It has a price tag of almost $14 million and includes everything from an indoor basketball court to a wine tasting room.

Billy Joel

Ludicrously Expensive Celebrity Homes

Billy Joel: Joel is another one of those people who seems to love buying expensive properties. In 2000, he made a $32 million sale of one home to Jerry Seinfeld. He sold another property for over $8 million and invested in a $22 million home. That latter property (in Long Island) is now up for sale; the cost was reduced last year from $37.5 million to $32.5 million. Joel also put a home in Miami Beach up for sale for around $14 million.

Michael Jackson

Ludicrously Expensive Celebrity Homes

Michael Jackson: Neverland Ranch has got to be one of the most famous properties out there. Michael Jackson doesn’t own it any more, of course, not since the foreclosure. But this longtime haven of his is sure to fetch a pretty penny when it goes to auction in mid-May. Supposedly there’s $46 million in escrow right now as one of the bids. There’s no telling which celebrity with buku bucks might want to pay for this infamous property.

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Ludicrously Expensive Celebrity Homes
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