Jessica Capshaw Sells Santa Monica Home for $5.75 Million
Actress Jessica Capshaw and her husband sold their Santa Monica home for $5.75 million in 2020 after extensive renovations. The property was purchased in 2007 for $3.05 million.
What Happened?
Actress Jessica Capshaw and her husband sold their Santa Monica home for $5.75 million in 2020 after extensive renovations. The property was purchased in 2007 for $3.05 million.
AI Quick Summary
Jessica Capshaw sold her Santa Monica home for $5.75 million after extensive renovations, reflecting the luxury real estate market.
Key points
- Jessica Capshaw and Christopher Gavigan sold their Santa Monica home for $5.75 million in 2020.
- They purchased the property in 2007 for $3.05 million.
- The home underwent significant renovations, including a new eco-friendly guesthouse.
- The buyer was linked to Texas billionaire Dan Friedkin.
- The property features a Spanish Colonial-style main house with four bedrooms and four bathrooms.
Key insights
- The significant profit from the sale indicates a strong real estate market in the area.
- Capshaw's focus on sustainability may appeal to environmentally conscious buyers.
- The off-market sale suggests a trend of private transactions among high-profile individuals.
Why it matters
The sale reflects the high demand for luxury homes in Santa Monica.
Tags
Entities
Source
Times of India