We have another sale-price update for our readers--this time, it's the final sale price of actress Sophia Loren and her recently deceased film producer husband Carlo Ponti's 38.5-acre "La Concordia" ranch in the Hidden Valley area of Thousand Oaks, Calif.
In a Big Time Listings exclusive, we can report that Loren's ranch sold for $5,412,500, according to public records. The buyer of the ranch, at 1151 Hidden Valley Road in Thousand Oaks, is not a celebrity.
Loren, 72, and Ponti, who died in January at age 94, had first listed the property in December 2005 for $8.9 million and later reduced its asking price to $6.9 million. They first purchased the ranch in 1981 from actress Eve Arden and had owned it through their Scelo Enterprises company. Features on the property include a four-bedroom Craftsman-style main house with exposed wooden beams, an enclosed courtyard with a fireplace and a glass-enclosed dining room. Other features include a guest house, pool house, converted stable used for staff quarters, an orchard and two swimming pools, the paper reported.
Loren currently lives in Europe.