TODAY   |  November 28, 2012

Celebrity real estate: Homes owned by Elvis, Usher

TODAY real estate editor gives a peek inside some of the celebrity homes that are for sale across the country, including a Beverly Hills home owned by Elvis and Priscilla Presley and an Atlanta hideaway put on the market by Usher.

Share This:

This content comes from Closed Captioning that was broadcast along with this program.

>>> on "today's real estate " a peek inside celebrity homes across the country. barbara cochran is "today's" real estate contributor. good morning.

>> good morning, natalie.

>> starting off with a house that the king once lived in and owned, and we're talking about a property in beverly hills , elvis lived there from 1967 to 1973 , and what's interesting about this piece of property, i guess lisa marie -- priscilla and he rented if it for a while and then bought it.

>> they did, right before the child was born and divorced while they were in this house so it represents a whole chapter in their lives. there's a floor-to-ceiling windows and walls of glass throughout the house . what's interesting when you look at that front gate, that was designed by priss [ laughter ] eliminated all the windows on the front of the house because crowds of people would constantly hang out trying to get a peek of the king himself. it was a nuisance, so now all the windows on the back of the house , when you see what they front on, you'll appreciate the beauty of this house . a brand new kitschen, as you see there.

>> beautiful.

>> a month old, very neutral. anyone will like this kitschen, plenty of space. the real charmer about the house , the best street in beverly hills , making that 12 million price easily gotten. look at the views. everything backs out to the house with views and total privacy. this is a perfect house for a celebrity. everybody is going to die for this house , and it's freshly put on the market.

>> gorgeous backyard, and as you said total privacy there. it is fantastic. okay. next we'll head to the east coast and take a look at a new york home. this is madonna's apartment. it carries a $23.5 million asking price , and it was showcased in " architectural digest " back in 1991 so i imagine this has to be a spectacular property with great views as well.

>> madonna, just loves real estate , and this actual apartment is actually three units combined. bought one when she married sean penn , bought the second one when she divorced him and added a third apartment to this space when she just decide she had needed a little ven vags project.

>> likes her real estate .

>> and loves lavender. almost every room into the house is lavender if you're into that, not an objection ability color.

>> that's the view.

>> this has 110 square feet on the park, so --

>> central park west .

>> central park west .

>> looking over the east side , and you'll want to know that adds to that house value. two-thirds of its value. if that house didn't have that view, it would only be worth about $8 million but it's 23 million because of that. there's the taj mahal bedroom, a clothing rack on the ceiling, don't get that, but her private bathroom with a claw-foot tub and there are four other bathrooms in the house , and that, my dear --

>> is that a picasso?

>> worth over $100 million, so if she would sell that painting she could buy three of the apartments.

>> doesn't come with the 23.5 million.

>> not at all.

>> now let's go south and we're going to take a look at a property that usher has in atlanta, and this house is new to the market. apparently he's been wanting to sell this home in tlantor, for a whi while. what's stopped him?

>> usher has an ex-wife that does not want to move out. when there's a wife who doesn't want to move, it's a problem so he's decided to show it with the estranged wife in place. good luck to the broke ebroker. but if you see the unit, the view you get.

>> it's beautiful.

>> everything about this house is meticulous, but i think he'll have a real push selling this house . we's asking $3.2 million.

>> right.

>> what's $200,000 more than he paid for it. there's the door. where do you think that leads to?

>> certainly not the ex-wife walking out of it.

>> his first wife, no, not really. that's actually a wine cellar this. hard is going to be a hard one to sell, i must say, because in that part of the country that's a very high price tag.

>> barbara corcoran, great homes. thanks for bringing them to us.