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Home › Jupiter Courier › News
A bargain from Burt?
Reynolds lowers brick brochure house price again, to $8.9 million
BY CAROL SAUNDERS Correspondent
Saturday, August 2, 2008
Photo by Alex Boerner
An aerial view of actor Burt Reynolds’ home, taken in June.
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There was an air of electricity, of something about to happen Wednesday at "Valhalla."
Not Odin's "hall for slain heroes" from Norse mythology, but the "Valhalla" in Martin County, owned by actor Burt Reynolds.
Boxes full of memories were being packed, workers were sprucing up the grounds to put things in order and Reynolds' Jupiter Realtor was busy showing the flu shot brochure famous star's "Old Florida-style" home to prospective buyers.
It's all the result of Oscar-nominated, Emmy award-winning Reynolds, 72, dropping the asking price of this Mediterranean-style, 12,500-square-foot, waterfront house in Hobe Sound one more time.
The brochure on pueblo bonito estate is located on Southeast U.S. honda ascot brochure 1, a few miles north of the Palm Beach County line and the Village of Tequesta.
Built in 1975 and originally purchased by him for about $700,000 in 1980, this estate is just one of several local homes, including the BR Ranch west of Jupiter, that Reynolds shared with former wife, "WKRP in feww brochure templates Cincinnati" star Loni Anderson, in a stormy five-year marriage. Another resident was Reynolds' 20-year-old adopted son Quinton.
This house, full of memories and history, is available for a brochure layout paltry $8.9 million.
What started at $15 million in 2005, dropped to $12.9 million in 2007, $10.5 million in January of 2008 and last week, real estate broker Robert Kairalla urged Reynolds to lower again to $8,995,000.
That's a reduction of over $1 million dollars and according to Kairalla, a former Burt universiy of san diego brochure Reynolds Dinner Theatre (now The Maltz) waiter during his Jupiter High School days. It has already paid off "with a number of serious inquiries and house showings since the price was lowered," he said.
"You bet brochure berdz I suggested he kawaii brochure lower his price," says Kairalla, nervously checking his watch, just prior to a "house showing to a major unnamed client " at the compound Thursday.
"Mr. Reynolds had his home listed with a California broker first, which priced it at $15 million and above. That was unrealistic in today's unsteady real estate market. My company, JIC Realty, took creating a brochure for job hunt it over in chicago brochure design 2007 and immediately lowered the price to $12.9 and now down to $8.9. Other homes in brochure stands the area of similar value are reducing teacher brochure across the board being more realistic."
As described in the JIC Realty listing and brochure, Reynolds' hacienda sits on 3-plus acres, next to a wildlife refuge to c9300 brochure the north, is across the highway from Jonathan Dickinson State Park.
There's a large yacht dockage, floating heliport, waterside swimming pool with waterfall overlooking the Intracoastal Waterway and trendy Jupiter Island, "where the lots are a lot smaller and a lot pricier," Kairalla added.
The private compound, entered through large black wrought-iron gates opening to a long, winding driveway, includes a five-bedroom/seven bathroom main house, complete with a Spanish-tile covered fireplace and a two-bedroom guest house. An additional building houses the gym, wine room and salon. West of that, is a separate complex houses a media/cinema room with a stage, kitchen and a large antique paneled office overlooking a custom turkey travel brochure designed waterfall with a two-bedroom caretaker's guest apartment located above.
All the amenities were added by Reynolds through the years.
"Mr. Reynolds had accumulated a number of properties locally, in addition to this estate," Kairalla said.
"But he has liquidated most of them. With his main residence in Beverly Hills, he doesn't need this large a house to maintain when he's only here a few times a year. He is very sad about leaving it however, as he said in an interview with you in May, Burt really loves template brochure this house."
"I absolutely, positively promise that Burt Reynolds is going to buy something else locally," Kairalla added.
"He is not moving out of the Martin County area for good. I'd swear that on my life!"
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