‘Big Unit’ Randy Johnson Selling Big Arizona Estate

Randy Johnson. Source: Wikipedia Commons

Randy Johnson. Source: Wikipedia Commons

“The Big Unit” is selling the big one. Randy Johnson’s 25,000-square-foot estate will be officially listed for $25 million Monday.

Located on a tiered, 5-acre parcel in Paradise Valley, AZ, the main residence has 7 bedrooms and 12 bathrooms. There’s also a detached guesthouse and commercial-grade fitness facility.

“This is a very thoughtfully designed estate,” said listing agent Robert Joffe of Berkshire Hathaway’s The Joffe Group. “The layout works and feels comfortable, without being overwhelming. The craftsmanship is impeccable, and the finish materials are some of the finest I’ve ever seen.”

The main level has a massive Cantera stone fireplace, soaring 24-foot-high ceilings and a temperature-controlled wine cellar. The east wing shows off ornate wood-paneled walls, a study lounge, oversized 8-car motor court, billiards parlor and a dedicated “pet suite.” The west wing offers a more secluded master retreat with his-and-hers oversized vanities, a jetted tub and multi-nozzle steam shower. The lower level of the home has a movie theater with a working ticket booth and fully stocked snack bar.

But perhaps the holy grail of this baseball legend’s estate is the 1,746-square-foot custom-designed workout facility. The space is filled with commercial-grade fitness equipment, showers and a locker room. It also provides direct access to tennis and sport courts on the property.

Johnson, a retired MLB pitcher known for his fastball, is being considered for the Baseball Hall of Fame. During his career, the left-hander struck out 4,875 batters and posted 303 victories.

Related:

Catherine Sherman, a real estate writer for Zillow Blog, covers real estate news, industry trends and home design. Read more of her work here.

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House of the Week: J.P. Morgan’s Great Lodge in the Adirondacks

1811 Sagamore Rd, Raquette Lake, NY
For sale: $3.25 million

In the late 1800s, financier J.P. Morgan was one of the most influential people in the U.S., transforming American business by financing railroads, organizing the steel industry and arranging the merger that formed General Electric.

When he was relaxing at his secluded retreat in the Adirondacks, Morgan liked to have a bath — in a huge bathtub. So he had one brought in across acres of forestland and installed in the master bathroom of the Great Lodge at Camp Uncas, where it still adds a feeling of rustic, old-fashioned luxury to the home.

Camp Uncas, now for sale, is a National Landmark, built in 1895 by a railroad pioneer who fell on financial hard times and had to give it up as collateral to Morgan. The Morgan family kept the camp as a vacation home for 30 years before selling it to the widow of Alfred Vanderbilt.

The multi-building camp was one of several complexes built along the lake for wealthy families in the late 1800s. Over the years, the 20 buildings on Mohegan Lake were divided and some of the acreage sold off.

Now the main part is being offered for $3.25 million. The main lodge is a 5-bedroom, 3.5-bath log home with a fieldstone fireplace in the large great room and antique, site-built furniture designed to host a crowd.

In addition, there are 2 guest cabins on the lake and an open log boathouse. The property includes sandy beaches on the serene mountain lake and easy access to hiking.

The home is listed by Michael Franklin of the brokerage Franklin Ruttan.

Related: 

Emily Heffter, a reporter and writer for Zillow Blog, covers celebrity real estate, unusual properties, and other real estate topics. Read more of her work here.

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Newlyweds Adam Levine & Behati Prinsloo Sell Home, in Contract to Buy Another

Maroon 5 frontman Adam Levine and Victoria’s Secret model Behati Prinsloo made their first red-carpet appearance as newlyweds this week after tying the knot in Mexico last month. The husband and wife are also making real estate moves together, selling Prinsloo’s East Village duplex while closing in on a SoHo loft.

Prinsloo's bachelorette pate

Behati Prinsloo purchased this 1-bedroom in New York’s East Village for $1.4 million in 2008.

Property records show Prinsloo has sold her bachelorette pad for $1.65 million. The buyer, Renata “Noot” Seear, is also a fashion model. The duplex has 1 bedroom and 1.5 baths with an abundance of natural light. The New York Post notes the best feature is the 800-square-foot private-landscaped backyard — a rarity in Manhattan.

Prinsloo's backyard during winter.

The backyard during winter.

Meanwhile, the newlyweds are in contract to buy a 2,700-square-foot SoHo loft with 13-foot ceilings for $4.55 million. According to the NY Daily News, Levine and Prinsloo were “spotted traipsing around SoHo with floor plans in hand” months ago.

Adam Levine's soho loft

Four huge windows face west in the SoHo loft the newlyweds hope to buy.

“[It's] a location to dream about [in] close proximity to all the major subways, best restaurants and great grocery stores,” real estate agent Lucie Hold of Town Residential writes in the listing description.

The co-op is in a historical cast-iron building with a sleek glass-and-steel structure. The interior has a modern, minimalist look with white-painted brick and floor-to-ceiling columns. Levine and Prinsloo’s unit has 3 bedrooms and 2 luxurious bathrooms.

One of two bathrooms in the SoHo loft.

One of two bathrooms in the SoHo loft.

Time will tell whether Levine plans to sell his Beverly Hills home or hold onto it. He purchased the historic Benedict House in October 2012 for $4.83 million.

Related:

Catherine Sherman, a real estate writer for Zillow Blog, covers real estate news, industry trends and home design. Read more of her work here.

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Buying and Selling a Home – at the Same Time – in a Sellers’ Market

Buying a home while selling a home — and trying to close both deals at the same time — requires great timing and coordination, a little luck and the understanding that at least one of the parties involved is probably taking a risk. In a sellers’ market, buyers often face more risk and frustration than sellers.

What is a “sellers’ market”?

It’s a real estate market in which sellers are more likely to sell their home for close to asking price and where listings spend less time on the market. Those factors give sellers more power when it comes time to negotiate. According to an analysis published by Zillow, the nation’s top five sellers’ markets are:

  • San Jose
  • San Francisco
  • San Antonio
  • Los Angeles
  • Seattle

Buying a home can be stressful, selling a home can be stressful; doing both at the same time is almost sure to result in a few sleepless nights. Accepting that fact upfront and doing some advance planning will help your situation.

“It’s a total dance, but a well-thought out timeline can help alleviate some of the anxiety,” said Silicon Valley-based real estate agent Eric Boyenga. “It’s not just about working out the timing of your sale and purchase, but most people buy homes that need some work done before they move in, and time is limited, so they need to get plumbers and painters and floor people in when they need them and in the order that they need them.

“There are a lot of details that need to be handled very quickly,” said Boyenga. “But if you approach this like you’re managing a major project at work, and you can adhere to a timeline, your transition can be a fairly smooth one.”

Start planning early

If you are in a simultaneous buy-sell adventure, seek professional advice early on. Meet with your real estate agent and lender far in advance. An agent who has experience in your local market will be able to help you understand your home’s value and should be able to talk you through the various buying-selling scenarios.

Boyenga said he often works with clients who move into a short-term rental before selling because they don’t want to live through the hassle of real estate showings. In a market like San Jose’s, where many homes are selling within a week of being listed – and for well over asking price – that also gives homeowners the luxury of not feeling rushed to move or purchase a new property.

Option 1: Buy first, then sell

Buyers who qualify may want to buy their new home before selling their old one. Understand that you’ll likely need to prove to your lender that you have enough cash in the bank to make a down payment, pay closing costs and cover mortgage payments for two homes. Yes, buying a new home while you already own a home may be a financial stretch, but in a sellers’ market, there are typically fewer homes for sale than you’d find in a buyers’ market. That fact may add difficulty to the task of finding a new home that suits your needs and budget.

Option 2: Sell first and buy second

If you sell first and buy second, you have the advantage of knowing exactly how much money you have to invest in a new home. Because sellers have the power in these situations, you can likely include a rent-back clause in your sales agreement, through which the buyer allows you to rent your home back for 30 to 60 days after closing, to give you more time to find a new place.

“Most people can’t handle or don’t want to handle paying two mortgages at once, so we emphasize that they must make sure there are no weak links in the chain,” said Boyenga. “Financing needs to be solid, the people you’re bringing in to do the painting or clean up need to be available at a moment’s notice.”

Many variables can come into play when you’re buying and selling property, and any one of them can affect the decisions you make along the way. Take time upfront to prepare yourself, your home and your finances so your real estate transactions go as smoothly as possible.

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Homes on the Market for $100,000

Purchasing a home can be a big financial step. Whether you are a first-time buyer departing from the rental market or an individual entering the investment market, finding an affordable home is of great importance.

Considering that the median home value in the United States is up 6.5 percent from last year and currently sits at $174,800, finding a quality home under that price may seem like an unattainable feat.

Fear not, prospective homebuyers! We’ve rounded up homes in well-known cities across the United States that cost approximately $100,000.

Fort Worth, TX

4612 Rutland Ave, Fort Worth, TX
For Sale: $100,000

Fort Worth, TX

Close to downtown Fort Worth and Texas Christian University, this 3-bedroom 2-bathroom home combines a great location with desirable features. Hardwood floors lead to a backyard complete with a covered patio and pool.

See more homes for sale in Fort Worth.

Philadelphia, PA

5130 N 15th St, Philadelphia, PA
For Sale: $100,000

Philadelphia, PA

This 4-bedroom, 1-bathroom brick home possesses stunning original detail throughout. Notable attributes include its pillared entrance, hardwood floors, wood trim and decorative windows.

See more homes for sale in Philadelphia.

Green Bay, WI

409 Harvard St, Green Bay, WI
For Sale: $98,900

Green Bay, WI

Built in 1928, this 3-bedroom 2-bathroom home has been updated with a new deck, side porch and windows while its aged charm remains. Nine-foot ceilings enhance the spaciousness of the 1,916-square-foot home.

See more Green Bay homes for sale.

Clearwater, FL

512 S Martin Luther King Jr Ave, Clearwater, FL
For Sale: $94,000

Clearwater-100k

A large front porch, new backyard deck and a spacious kitchen with natural light are just a few of this delightful bungalow’s significant features. This 2-bedroom, 1-bathroom home embraces aesthetics with a well-manicured front lawn.

See more homes for sale in Clearwater.

Port Angeles, WA

231 W 11th St, Port Angeles, WA
For Sale: $100,000

Port Angeles, WA

This picturesque 2-bedroom, 1-bathroom cottage looks like it came straight out of a storybook. Its interior boasts an updated kitchen and high ceilings, while its yard is adorned with a flower garden, vegetable garden and fruit trees.

See more homes listed in Port Angeles.

Rochester, NY

12 Grenell Dr, Rochester, NY
For Sale: $99,900

Rochester

Built in 1940, this 3-bedroom, 1-bathroom home has character as well as some recent updates, including a new front door. The home also has a large fenced front yard, beautiful raised beds for flowers and a vegetable garden.

See more homes listed in Rochester.

Kansas City, KS

2901 S 10th St, Kansas City, KS
For Sale: $94,900

Kansas City, KS

Built in 1949, this 3-bedroom, 2-bathroom home has a well-preserved vintage allure, with hardwood and tile floors throughout. Its finished basement leads to a spacious backyard.

See more homes in Kansas City for sale.

Charlotte, NC

8402 Ramath Dr, Charlotte, NC
For Sale: $95,000

Charlotte, NC-100k

In addition to having a hot tub on its private, fenced courtyard deck, this 3-bedroom, 2.5-bathroom townhome comes with access to a community garden, clubhouse and pool. Prominent interior amenities of the home include plentiful storage space and a loft.

See more homes listed in Charlotte.

Tulsa, OK

1538 E 50th St, Tulsa, OK
For Sale: $98,500

Tulsa, OK

This 3-bedroom, 2-bathroom home greets you with a charming front porch. Along with new flooring, countertops and a dishwasher, the home sports fresh designer paint colors.

See more Tulsa homes for sale.

Cincinnati, OH

6708 Doon Ave, Cincinnati, OH
For Sale: $97,900

Cincinnati-100k

This adorable 2-bedroom, 1-bathroom bungalow has received exterior and interior updates, including a new roof, paint, windows and floor finishes. Its renovated kitchen boasts new appliances, maple cabinets, granite counters and a breakfast bar.

See more homes for sale in Cincinnati.

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Sharona Ott is a freelance writer for Zillow. Read more from her here.

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