Actors Tori Spelling and Dean McDermott have listed their Malibu, Calif., home for $2.7 million.
The couple purchased the home in September 2011 for $2.4 million, according to public records. The home is on 1.8 acres in the Point Dume section of Malibu, and includes access to a private, gated beach. The 2,400-square-foot home has three bedrooms and 2½ bathrooms. Before moving in, Ms. Spelling and Mr. Dean made roughly $100,000 worth of upgrades, including adding organic gardens, a chicken coop, new kitchen appliances and 100-year-old French oak wood floors. They also built a miniature horse corral. The property has views of the canyon below, and also includes a one-bedroom mobile home on site that can be used as staff quarters.
The couple, along with their children, star in their own reality show, “Tori & Dean: Home Sweet Hollywood.” Listing broker Madison Hildebrand of Coldwell Banker Previews International in Malibu says the couple decided to sell because they recently found out Ms. Spelling is expecting a fourth child and the home is too small. “They moved in with every intention of staying,” says Mr. Hildebrand.
Photos: Private Properties
Ms. Spelling rose to fame in the early 1990s for her role as Donna Martin on the TV series “Beverly Hills, 90210,” and is the daughter of the late television producer Aaron Spelling and his widow, Candy. Last summer Candy Spelling sold the 57,000-square-foot mansion in which the younger Ms. Spelling was raised for $85 million.
Colorado Ranch Goes on the Market Asking $23.9 Million
Western Disposal Services owner Dan Souders and his wife put their 1,271-acre ranch in northwestern Colorado on the market for $23.9 million.
Bordered by the Elk River, the property includes a 5-acre private lake and a stream for sight fishing. Located about 12 miles north of Steamboat Springs, the ranch also includes a 7,575-square-foot main house as well as seven other residences. There’s also an indoor equestrian center, outdoor riding rings, a horse barn and a cattle barn.
Mr. Souders, 68, and his wife bought the property about 16 years ago for $10 million. They put part of the ranch on the market in the past but have now decided to sell it in its entirety. “We’d like to spend time some place a little warmer,” says Mr. Souders. Jeffrey Buerger of Hall & Hall has the listing.
Brook Byers’s San Francisco Home Sells for $10 Million
Brook Byers and his wife, Shawn, have sold their San Francisco home for $10 million to Andrew Spokes, a principal and senior managing member at Farallon Capital Management, a San Francisco hedge fund.
Mr. Byers, a partner at Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers, bought the Presidio Heights home in 1985 for $1.5 million. He and his wife began quietly shopping the home last year for $15 million, but dropped the price by 20% in December.
The 9,300-square-foot Georgian-style home dates back to 1910, when it was designed as a wedding gift to a daughter of the Coors beer family. With eight bedrooms, it also has a master suite with views of the Golden Gate Bridge.
Lisa Wolfe and Susan McBride of TRI Coldwell Banker represented Mr. Byers in the sale.
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A version of this article appeared April 13, 2012, on page D8 in some U.S. editions of The Wall Street Journal, with the headline: Private Properties.