The Herald Banner, Greenville, TX

Real Estate News

April 23, 2012

Tori Spelling and Dean McDermott List Malibu Home

- — Five months after purchasing a new home in Malibu, Tori Spelling and Dean McDermott are on the move again.

The stars of reality show, "Tori & Dean: Home Sweet Hollywood" have just listed their Malibu home for sale for $2.675 million, something listing agent Madison Hildebrand told the Wall Street Journal that neither of them planned on doing.

"They moved in with every intention of staying," Hildebrand said.

So, why are they moving? Unfortunately, Spelling and McDermott's Point Dume home is on the small side for the soon-to-be family of six. Spelling just announced that she's pregnant with her fourth child, creating the need for a space bigger than what the 3-bedroom, 2.5-bath and 2,300-square-foot home offers.

Spelling and McDermott purchased the property in late September 2011 for $2.4 million. According to the listing, they have made over $100,000 in updates to the 1.73-acre property, with emphasis on the exterior grounds. Not only is the home fully gated with mature landscaping, it also has extensive organic gardens, a children's play area, small horse corral and chicken coop.

Built in 1965, the house features oak floors, and an open floor plan with sliding glass doors throughout that open out to the patio and outdoor living areas.

According to Zillow's mortgage calculator, a monthly payment on the home would be $9,930 a month, assuming a 20 percent down payment on a 30-year mortgage.  

1
Text Only
Real Estate News
Featured Ads
Promotions
Poll

Does Dallas head coach Jason Garrett need for the Cowboys to make the playoffs during the 2014 football season to keep his job?

Yes
No
Who knows with Jerry Jones as owner?
     View Results
Facebook
Must Read
Photos


See more photos and purchase prints here.

AP Video
Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN Raw: Deadly Landslide Hits Indian Village Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus Russia Counts Cost of New US, EU Sanctions 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Britain Testing Driverless Cars on Roadways Raw: Thousands Flocking to German Crop Circle At Least 20 Chikungunya Cases in New Jersey Raw: Obama Eats Ribs in Kansas City In Virginia, the Rise of a New Space Coast Raw: Otters Enjoy Water Slides at Japan Zoo NCAA Settles Head-injury Suit, Will Change Rules Raw: Amphibious Landing Practice in Hawaii Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide