Retired baseball player-turned-high-profile-businessman Lenny Dykstra, whose eight-bedroom mansion in Thousand Oaks, Calif. had been on the market for $25,000,000 but no longer is publicly listed, appears to be the latest in a long line of celebrities facing foreclosure.
Many have written about the apparent foreclosure facing the retired ballplayer -- although no one yet has actually gotten a comment from Dykstra himself. The New York Post's Chuck Bennett broke the story on April 6 of Dykstra's financial troubles, including a notice of default on March 18 of his $12 million mortgage. Luxist's prolific Deidre Woollard subsequently penned a post (http://www.luxist.com/2009/04/09/lenny-dykstra-facing-foreclosure/) on April 9 about Dykstra's latest mess. Then, Zillow.com wrote on April 15 on Dykstra's pending foreclosure. And on May 7, the Los Angeles Times' Lauren Beale weighed in about Dykstra's possible foreclosure; somewhat unusual (unprecedented, actually) for a writer of the Times' "Hot Property" column was that Beale actually acknowledged that (and linked to!) a blog -- Zillow -- had previously written on Dykstra's troubles.
We had written back on June 8, 2008 about Dykstra's listing of his mansion for $24,950,000. Since that time, Dykstra weirdly has slashed the asking price of his 6.69-acre estate down to $16,500,000, and then later jacked it back up to $25,000,000. It's no longer on the market.
Dykstra purchased the mansion in 2006 from hockey great Wayne Gretzky for $18,500,000.
Features at Dykstra's compound include a main, neo-Georgian-style mansion that was built in 2002 and designed by Richard Landry (listing information calls the mansion 12,713 square feet, while public records tab it at 12,360 square feet), a guesthouse, a carriage house, views of the Sherwood Country Club and Lake Sherwood itself, a pool and a tennis court, according to listing information. Other features in the mansion include seven and a half baths, a paneled study, a billiards room, a screening room, outdoor verandas, and a fitness facility, according to listing information.
We'll keep you posted on whether Dykstra is able to dig his way out of this mess.
In the meantime, here's a review of other celebs who have been entangled in foreclosure actions:
--Retired ballplayer Jose Canseco, who was foreclosed out of his house at 18011 Karen Drive in Los Angeles' Encino area;
--Ed McMahon, who has faced foreclosure of his mansion in the Summit neighborhood in the Beverly Hills, Calif. Post Office but apparently has staved it off;
--Tionne "T-Boz" Watkins of TLC, whose place in Duluth, Ga. was headed to foreclosure;
--"American Idol" winner Fantasia Barrino, who was facing foreclosure of one of her two homes in Charlotte, N.C. but appears to have satisfied her creditors;
--Deborah Gibson, whose two-bedroom, 1,733-square-foot house in Los Angeles' Hollywood Hills area was facing the threat of foreclosure as she listed it for $995,000 -- far below her $1,275,000 purchase price in 2005 -- and since has been reduced to its current asking price of $930,000;
--Wyclef Jean, who stopped making payments on renovations to a mansion at 5801 Pine Tree Drive in Miami, Fla. that was under construction and that he had co-owned with some friends. Jean watched the mansion get foreclosed late last year;
--Boxer Evander Holyfield, whose 104-room mansion at 794 Evander Holyfield Highway in Fayette County, Ga. was under foreclosure last June but apparently saved just before it went up for auction;
--Former basketball star Latrell Sprewell, whose house at 850 W. Dean Road in River Hills, Wisc. (near Milwaukee) was foreclosed last year;
--Aretha Franklin, whose mansion in Detroit headed to foreclosure last year because of minimal unpaid taxes but remained in her hands as she straightened out the tax situation.
--And of course, Michael Jackson and his Neverland Ranch in Los Olivos, Calif., where the foreclosure proceedings and transfer of ownership have been well-documented.
Are we missing anyone else?