An Eye-Opening Tour of ‘The Golden Girls’ House—Now for Sale for the First Time

The Los Angeles home used for exterior shots in "The Golden Girls" is for sale for $2,999,000. Who will buy this iconic home, and for how much? The post An Eye-Opening Tour of ‘The Golden Girls’ House—Now for Sale for the First Time appeared first on Real Estate News & Insights | realtor.com®.

An Eye-Opening Tour of ‘The Golden Girls’ House—Now for Sale for the First Time

“The Golden Girls” house is for sale for the first time ever—and for a famous property, some might say this 2,901-square-foot, four-bedroom house in Los Angeles is a bargain, listed for a mere $2,999,000.

With lush landscaping full of exotic plants, the property—located in the Brentwood neighborhood—was used only for the exterior shots on the show, which ran from 1985 to 1992 and starred Rue McClanahan as Blanche, a widow who opened up her home to three roommates played by Betty White (Rose), Bea Arthur (Dorothy), and Estelle Getty (Sophia).

Yet most of these spunky senior citizens’ antics—which occurred inside the house, around the kitchen table, or in the living room—were filmed on a Hollywood set.

As such, while this house has attracted a few fans to snap pictures curbside, the home’s interior has long remained a mystery—which is all the more reason why this home is bound to receive tons of attention now.

“The Golden Girls” house today.

Brandon Valente, Brandon V Photography

The reality behind ‘The Golden Girls’ house

In real life, this house served as the longtime residence of David Noble Barry III and Margaret Carr Barry, a married couple who had the house built in 1955. The Barrys lived in the house for more than 60 years until their deaths in 2017 and 2019, respectively. The property is being sold by a trust.

James Barry, the late couple’s son, reported that location scouts first noticed the property because of its verdant landscaping, thinking it had just the right aesthetic to represent the four friends’ fictional home in Miami at 6151 Richmond St. (FYI, no such address actually exists.)

So the NBC network paid the Barrys a small sum of money to film exterior shots at the home. They agreed, in part because they wanted to show off their home’s unique architecture.

In fact, the home was primarily used as a filming location for only the first season of the show. For later seasons, the Barrys loaned NBC the home’s original blueprints so the network could build a replica at Disney’s Hollywood Studios, where fans could tour the house until it was torn down in 2003.

So what’s the original “Golden Girls” house really like?

An inside tour of ‘The Golden Girls’ home today

The Barrys modeled their Brentwood property after the Honolulu home of David Noble Barry III’s father. Japanese and Hawaiian influences abound throughout the property, which features original oak floors, high ceilings, floor-to-ceiling windows, sliding Shoji screens, built-in cabinets, and an engawa, a traditional Japanese wood flooring surrounding the home.

The living room inside the Los Angeles home used for exterior shots on “The Golden Girls”

Natalie Way

The retro kitchen, which is original to the home, has turquoise and avocado cabinets, yellow accents, and turquoise Formica countertops.

The retro kitchen inside the Los Angeles home used for exterior shots on “The Golden Girls”

Natalie Way

Who will buy ‘The Golden Girls’ house—and how much will it cost?

So, who will be the lucky new owner of this iconic TV home? Many real estate experts say it’s priced aggressively to sell and the buyer will likely be a toss-up between TV or movie producers who may want to use the location, or private buyers who may be fans of the show.

golden girls house
The backyard features plenty of outdoor lounging areas.

Brandon Valente, Brandon V Photography

“The list price is strategic and meant to attract a lot of attention and interest,” says Rachelle Rosten, the home’s listing agent with Douglas Elliman. “The beauty of this pricing strategy is the market ultimately determines the value. I anticipate this property will sell over the list price. It’s an exciting and emotional house as well as being a nice-sized lot on a desirable street. The market will respond accordingly. It will be very interesting to see who ends up buying this property.”

A bedroom inside the Los Angeles home used for exterior shots on “The Golden Girls”

Natalie Way

One potential buyer? HGTV, which in 2018 outbid Lance Bass to purchase the home used for exterior shots for “The Brady Bunch.” The network renovated the house back to its 1970s glory on the hit show “A Very Brady Renovation.”

“‘The Golden Girls’ home reminds me of ‘The Brady Bunch’ home sale scenario all over again,” says Cara Ameer, a real estate agent with Coldwell Banker in California and Florida. “A television network could be an ideal buyer for the property, such as HGTV or even NBC, which originally aired the series. Perhaps Amazon, Netflix, or a studio like Paramount will want it for future projects—a ‘Golden Girls’ remake or a similar show with a new twist or even a movie.”

golden girls house
The house is on a nice quarter-acre lot.

Brandon Valente, Brandon V Photography

As for dollars and cents, Ameer says it’s hard to put a specific price tag on a home with celebrity status.

“I would venture that this is going to be subject to multiple offers and may go well above asking price—as much as by $1 million or a bit more,” she says.

The living room inside the Los Angeles home used for exterior shots on “The Golden Girls”

Natalie Way

But not all celebrity-status homes sell quickly. Just look at the famous “Full House” home in San Francisco, which was last sold for $4 million in 2016 and has been listed twice since then with no success. One possible reason could be all the “Full House” tourists crowding the front, which might become a nuisance at “The Golden Girls” house as well, especially if it becomes the subject of a pop culture revival.

“A buyer of this house will need to contend with tourists and fans constantly taking photos and the privacy concerns that come along with that,” says Shane Ray, a real estate agent in San Francisco with Domicile Properties/Compass.

The dining room inside the Los Angeles home used for exterior shots on “The Golden Girls”

Natalie Way

Some real estate agents think that the headaches of owning a famous home make them a poor investment.

Cedric Stewart, a real estate agent with Keller Williams Capital Properties in Washington, DC, thinks “The Golden Girls” house will sell for under asking, at around $1.95 million.

“Is there a chance someone would buy it for sentimental purposes or use it as an attraction of sorts? Sure,” Stewart says. “But the generation that would most appreciate that is on their way out, so this is not a place you buy to make money.”

Only time will tell what will happen to this house, but in the meantime, it’s fun to get a chance to see a piece of TV history.

The post An Eye-Opening Tour of ‘The Golden Girls’ House—Now for Sale for the First Time appeared first on Real Estate News & Insights | realtor.com®.

Source : Realtor More   

What's Your Reaction?

like
0
dislike
0
love
0
funny
0
angry
0
sad
0
wow
0

Next Article

Mortgage Rates Drop Below 3%—and Economists Say Rates Could Stay That Low for a Long Time

Mortgage rates continue falling to record lows amid the coronavirus pandemic — but many experts believe the market hasn’t hit bottom. The post Mortgage Rates Drop Below 3%—and Economists Say Rates Could Stay That Low for a Long Time appeared first on Real Estate News & Insights | realtor.com®.

Mortgage Rates Drop Below 3%—and Economists Say Rates Could Stay That Low for a Long Time

At the beginning of the coronavirus pandemic, mortgage industry experts forecast that benchmark interest rates might fall, but wouldn’t drop below 3%. But now, that’s just what has happened.

And many economists predict that mortgage rates will remain below that threshold into 2021.

The 30-year fixed-rate mortgage averaged 2.98% for the week ending July 16, down five basis points from the previous week, according to Freddie Mac.

This is the first time since Freddie Mac began tracking mortgage rates in 1971 that the rate on the 30-year mortgage dropped below 3%. And it is the seventh time so far this year that Freddie Mac’s mortgage rate survey had reported a record low.

Meanwhile, the 15-year fixed-rate mortgage dropped three basis points to an average of 2.51%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage rose four basis points to an average of 3.06%.

Concerns regarding the state of the economy amid the coronavirus pandemic have fueled the benchmark interest rate’s steady decline since the start of the year.

“A lot of it has been driven by the broader pandemic impact to the economy,” said Joel Kan, associate vice president of economic and industry forecasting for the Mortgage Bankers Association. “For a while we looked like we might be in a better place. But right now markets have been reacting to the resurgence in cases.”

Sub-3% mortgage rates could be here to stay. A new economic forecast by Fannie Mae projects that the 30-year fixed-rate mortgage will average 2.8% next year. And economists at Realtor.com estimate that rates will average 3.2% throughout the year but hit 2.9% by the end of the year.

“Yes, mortgage rates below 3% are possible,” said Danielle Hale, chief economist at Realtor.com.

The spread of rates available in the mortgage market right now is quite wide. And getting access to these record low rates isn’t easy for all applicants.

Mortgage lenders have tightened their credit and imposed stricter standards for qualification because of the coronavirus. At the start of the pandemic, lenders witnessed a massive wave of refinance applications just as companies were shifting to working remotely, which caused long delays to close the loans for some borrowers.

And as the pandemic progressed, the mortgage industry faced a major uptick in requests for forbearance (skipping payments for a certain period) as homeowners grew worried about their finances amid rising unemployment.

“While rates are historically accommodative, only a portion of the market can take advantage,” said Matthew Speakman, an economist at Zillow. “This will continue to be the case, due to uncertainties produced by the coronavirus.”

This hesitancy on the part of mortgage lenders though means that they have ample room to lower rates further. Historically, mortgage rates roughly track the yield on the 10-year Treasury. But the spread between mortgage rates and the 10-year yield grew at the start of the pandemic, as lenders refrained from slashing rates by as much as the Treasury note had fallen.

The post Mortgage Rates Drop Below 3%—and Economists Say Rates Could Stay That Low for a Long Time appeared first on Real Estate News & Insights | realtor.com®.

Source : Realtor More   

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.