Actor Morris Chestnut has paid $3,300,000 for a 5,522-square-foot house in Hidden Hills, Calif., and has sold his 4,633-square-foot house in nearby Calabasas, Calif. for $2,100,000 to Tracy Jernagin, a music production company owner who dated the late rapper Eazy-E and is the mother of Eazy-E's child.
In a Big Time Listings exclusive, we can report on the transactions, which were recorded at the end of May. Chestnut, 38, is a longtime L.A.-area homeowner whose first purchase, as best we can tell, was to pay $274,000 for a newly built, 2,222-square-foot house at 5435 Wrench Court in Lakewood, Calif. (just east of Long Beach) in 1994, according to public records. Chestnut sold the Lakewood house for $355,000 in 2001, when he paid $707,000 for a newly built, 3,779-square-foot house at 11831 Zelzah Avenue in Los Angeles' Granada Hills area, which he sold the following year for $720,000, according to public records, when he purchased the Calabasas house that he just sold.
Built in 1974, Chestnut's new 5,522-square-foot, one-story house in Hidden Hills has seven bedrooms, seven and a half baths and a large pool and spa, and sits on 2.39 acres, according to public records and listing information. Other features include a lower-level teenagers suite, a BBQ center, five horse stables and a corral, and a newer master suite with a fireplace, high beam ceilings and a dry sauna, according to listing information.
Chestnut's recently purchased house is on Jed Smith Road in Hidden Hills, which is the same street on which actor Beau Bridges has owned a house since buying it in 1988 for $1,200,000, according to public records. Chestnut's new house had been listed for $3,350,000, according to listing information.
Chestnut's former house in Calabasas had been on the market for $2,150,000 before he sold it to Jernagin. Built in 1995 and situated on a 0.68-acre lot, the 4,633-square-foot house has granite counters, custom paint, a wrought iron staircase, a finished study, plantation shutters, a finished entertainment center, a steam shower and marble floors, according to listing information. Other features include a Pebble Tec pool and spa, a waterfall, a covered patio, and a BBQ center, according to listing information.
Chestnut had paid $1,449,000 for that house in 2002, according to public records.
For more about Chestnut's new town of Hidden Hills, check out our comprehensive list of Hidden Hills homeowners in our September 23 post. Understand, though, that that list frequently is in flux.