Anyone who has been reading the supermarket celebrity-gossip magazines lately has to have gotten a kick out of seeing photos full of bulk-sized paper towels, toilet paper and laundry detergent outside the Hollywood Costco on May 31.
Now, in a Big Time Listings exclusive, we can report that Priestley, whose wife is expecting their first child this summer, has gotten rid of one vestige of his unmarried, childless days, by selling his four-bedroom, 3,550-square-foot house at in Los Angeles’ Hollywood Hills for an undisclosed amount, after it had been listed for $2,199,000.
Records show that Priestley sold the house on May 2 to another trust, known simply as the Outpost Drive Trust, which has managed by International Business Management. As such, it’s highly likely that another celebrity purchased the house from Priestley. Records show that Priestley had purchased the house in 2002 for $995,000.
Features in the house, which was built in 1928 and sits on a 1.18-acre parcel, include a living room with a fireplace, a formal dining room, a kitchen with a wine cellar, a master bedroom with two walk-in closets and an original bath, guest quarters with a steam shower, an outdoor patio with a fireplace, and a full security system, according to listing information.
Where is Priestley’s new home? That’s a terrific question. Based on the Costco photos, the actor clearly is staying in L.A. And Barry Greenfield, the agent whose name appears on all of the properties that Priestley has bought in recent years, has had his name on the trusts of five different Los Angeles-area houses that have been purchased in the last year—any of which could in theory be Priestley’s new digs:
--A 3,266-square-foot house in Los Angeles’ Toluca Lake area, purchased in March for an undisclosed amount;
--A newly built, 4,131-square-foot house in Santa Monica, purchased in January for $4,300,000;
--A 1,433-square-foot house in Los Angeles’ Hollywood Hills purchased at the end of last year for $1,595,000;
--A 3,244-square-foot house in the Oaks area of Los Angeles’ Los Feliz neighborhood, purchased last summer for $2,458,000.
--A 6,722-square-foot house in Los Angeles’ Pacific Palisades neighborhood, purchased in March for $5,800,000.
Although all five of these probably are owned by celebrities (Greenfield typically manages big-name stars), we can probably rule out the 1,433 square-foot-house based on its size, and we also likely can rule out the house in Los Feliz, since the trust that purchased it also has owned a variety of other houses over the years, including several in Malibu that very clearly haven’t been owned by Priestley. The house in Toluca Lake is a possibility but might be ruled out because it’s on a minuscule lot. The house in Santa Monica is big—and new—and seemingly fits the bill of being a (reasonably) family-oriented house. In addition, Priestley has lived in Santa Monica in the past, owning the house at 1807 Dewey Street from 1999 to 2001. However, it’s not the most traditional-looking house in the world, and one source of ours suggested that that’s not Priestley’s house. Finally, the Pacific Palisades house is awfully big—and expensive—even for Priestley. But it’s certainly a possibility as well.
So that’s our initial thought process. But we should hasten to add that we have no specific information, and that it’s also possible that Priestley and his wife 1) are renting; or 2) purchased another house through the name of a different financial manager. If any readers have any additional information on Priestley’s new digs, send them our way.
When we get Priestley’s exact sale price of the house, we’ll post it here. Also, for a look back at Priestley’s previous homes that he has owned in the L.A. area, check out our March 19 post about when this house first was placed on the market.