Celebrity Home News: Debbie Reynolds & Picasso Home Auctions

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Debbie Reynolds & Picasso homes are both going to auction, and featured this week at TopTenRealEstateDeals.com.

Pablo Picasso’s last home on the French Riviera, where he created much of his art and where he died in 1973, is going to auction.

“Debbie's Ranch & Dance Studio”

Debbie Reynolds was involved in one of Hollywood's famous marital breakups when her husband (Carrie Fisher's father), Eddie Fisher, left Debbie for Elizabeth Taylor - who in turn left Eddie Fisher for Richard Burton. When Carrie died last year from a cardiac arrest at the age of 60, Debbie died from the complications of a stroke the day after Carrie’s death. In October, Debbie's ranch, dance studio and both mother’s and daughter’s personal property will be going up for auction.

Debbie’s 44-acre ranch in Creston, California was not her primary home but was where the family gathered on many occasions. It includes a main residence with custom home theater, library and gym; a guest house, caretaker's house, art studio, barn as well as a professional film and television production facility. There are irrigated pastures, abundant wildlife, a spring-fed pond and panoramic views. It is estimated to sell between $4 million and $8 million.

The dance studio was designed as a rehearsal facility with perks not normally available in similar structures. It is an 18,000-square-foot building with lounge area, dressing rooms, showers and six large studios. Some of the celebrities who have rehearsed there include Lucille Ball, Michael Jackson, Madonna, Bette Midler, Cher, Usher and Mariah Carey. It is expected to sell between $6 million and $8 million. The auctions will be held by Profiles In History Auction House of Calabasas, California.

“Picasso's French Riviera Home”

When Pablo Picasso died in 1973, he was 91 years old and had made his mark on the world as perhaps the most important artist of the 20th century. He and his wife, Jacqueline Roque, lived in an antique French country house privately ensconced within its eight acres of lush grounds that Picasso designed. This was where he slept during the day and worked in the evenings and at night to avoid distractions. He craved privacy and space to work and found both here below the old chapel of Notre-Dame de Vie in Mougins with views of the Bay of Cannes, the Mediterranean, the Esterel Massif and the town of Mougins. After his death, his wife left his things exactly the way he had left them and after her death in 1986, the house sat vacant for 30 years until a Dutch investor bought it and hired a well-known Belgian architect to restore the property - without any changes to the original building.

Structures on the Picasso property include the main house, a guest house, a caretaker’s house and a pool house with a professional summer kitchen, gym, spa, steam room and massage room. The entire property has 15 bedrooms and 12 baths. The main house has two large living rooms with large fireplaces, the studio, breakfast room and gallery, spacious garden room with open arches to the terrace, another professional kitchen, a prep kitchen, two cold storage areas, and a wine cellar for 5,000 bottles. The five bedrooms in the main house all have ensuite dressing rooms and bathrooms.

Pablo Picasso’s last home on the French Riviera that has undergone a two year restoration will be placed on the auction block by Residences 365 International Real Estate of Amsterdam, Holland on October 12th with a starting bid of $24 million.

Visit TopTenRealEstateDeals.com for more historic, celebrity and spectacular homes and real estate news.

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Terry Walsh
Top 10 Real Estate Deals
since: 04/2011
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