Friday, September 30, 2011
Governator's old compound in Pacific Palisades back on the market
14209 West Evans Road-Pacific Palisades- The Pacific Palisades home once owned by Former Governor Arnold Schwarzenegger and soon to be ex-wife Maria Shriver is back on the market with another broker but interestingly at a much higher price. This 9 bed/9 bath 10k sq. ft. house on approximately 2.5 acres has been on a pricing roller coaster since it was listed in 2006 for $26 Million. For the past five years the house has traded brokers and zig zagged on price. The house dropped to a list price of $23M and then again to 21.9M in late 2007 to 18.9M in 2009 and then dropped to $15.9M later that year and then up to $23.5M early this year and now dropped once again to $19.5M…umm, if it didn’t sell at $15.9M doesn’t common sense say that listing it at this price is a waste of time??