Celebrity Real Estate Roundup: Reese Witherspoon
If there was ever a definitive “best time to sell your house” it would probably be immediately after your house was featured on the cover of a magazine that celebrates beautiful homes. So I guess you can score one point for Reese Witherspoon in the category of “excellent marketing” for putting her Ojai, California estate up on the market only a few weeks after it appeared on the the cover of Elle Decor.
Witherspoon is currently pregnant with her third child, and whether she figures she needs some more space for her soon-to-be-bigger family is unknown, but she has listed the seven-acre property known as Libbey Ranch for an even $10 million. The figure is substantially more than the $4.2 million that she paid for it back in 2008, back when the home was featured in the publication House Beautiful.
Designed in the style of a 1920s Mediterranean mansion, the house features a pool in the backyard, along with a Western-style ranch located on the property, perfect for housing a few horses, if you’re into that sort of thing. The interior is not too shabby either, with a vaulted wood ceiling and a large, spacious open kitchen with plenty of windows allowing sunlight in.
It’s not clear where Reese is headed to next, but if she needs a place to stay for the time being, I do have an extra room available in my house and she wouldn’t even have to pay any rent, although she could chip in if she happened to be feeling extra generous.