Monday, October 30, 2017

Bye-Bye, Beverly Hills: Reality TV Star Kyle Richards Buys $8.3M Encino Estate

Kyle Richards

Richie Knapp/Bravo/NBCU Photo Bank via Getty Images

We hate to break it to you, but reality TV isn’t always real. Not all of the women on “Real Housewives of Beverly Hills” actually live within the 90210 city limits. Some have lived in Malibu, others in Brentwood and Bel-Air, and one in Pasadena.

So it’s no surprise that “RHOBH” stalwart Kyle Richards and her real estate mogul husband, Mauricio Umansky, have purchased one of the most expensive homes to come on the market in the unlikely locale of Encino. They’re moving to one of the most esteemed neighborhoods in the San Fernando Valley and paid $8,253,000 for the privilege.

Known as “The Smokey Robinson Estate,” this place was home to the legendary recording artist from 1988 to 2002.

Kyle Richards' new home in EncinoKyle Richards’ new home in Encino, CA

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The Smokey Robinson Estate

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Robinson sold it to entertainment entrepreneur Mike Greenfield in 2012 for $2,300,000. Greenfield renovated the home and sold it last year for $3,250,000.

So how did the recent sale price rocket past the $8 million mark? Well, the seller was prominent developer Gidi Cohen, who went over every square inch of the 1.54-acre property. Cohen added a white and gray color scheme, a balcony off the master suite, a new pool and spa, plus a 1,600-square-foot guesthouse, reports Variety.

New pool, spa, and guesthouse

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The revamped estate measures 10,600 square feet and has seven bedrooms and eight baths. It is surrounded by mature foliage, and sits behind stately gates at the end of a long driveway.

Stately entryStately entry

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Other luxury features include marble fireplaces and black-and-white checkerboard flooring, a spacious kitchen with center island and high-end appliances, a home theater, en suite bedrooms, and a master suite with giant closet. Outside, there’s a gazebo and a wee putting green.

Living roomLiving room

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Powder room with marble fireplacePowder room with marble fireplace

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Home theaterHome theater

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Master suiteMaster suite

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Master closetMaster closet

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Richards’ new home is the highest-priced sale Encino has seen this year. She’s currently working on a new sitcom based on her experiences growing up in the 1970s, called “American Woman,” starring Alicia Silverstone and Mena Suvari. It’s slated to be released in 2018.

The post Bye-Bye, Beverly Hills: Reality TV Star Kyle Richards Buys $8.3M Encino Estate appeared first on Real Estate News & Insights | realtor.com®.



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