[Update February 20, 2012]: This house sold for $2,650,000 on February 17, 2012 after being listed on the market for roughly 2.5 months. The selling price is $50,000 higher than what was paid for in September 2009 translating into most likely a loss when factoring a 6% realtor commission. Also, this sale price is $350,000 less than the original list price of $3 million.
Tamar and Vincent are currently listing their Encino home for $3,000,000. According to the listing this 6 Bed/5.75 Bath, 7,817 sqft home on 0.42 acres built in 2007 states:
Elegant & Sexy Spanish Hacienda meets Tuscan Villa. this custom built estate features, 6 bedrooms, 6.5 Bathrooms, Formal Dining Room, Living Room, Family Room, Breakfast area and Gourmet Kitchen that is enhanced with the finest stainless steel appliances, Copper sinks, Granite Counters & Center Island, 2 Dishwashers, walk-in pantry, wine cellar and a complete bar for the finest entertaining! Situated on over an 18,000 square foot USABLE lot! Meticulously & beautifully enriched interior & exterior living areas include. .. Soaring ceilings, Spanish tile, Hardwood flooring, grand spiral staircase, custom designed & engineered home theatre are just the beginning of what this estate has to offer. The Master Retreat features two (2) Oversized walk in closets & Glamorous master bathroom with a steam shower and sunken tub overlooking the lush & private landscaped grounds. The resort style pool & spa include two (2) waterfalls, while incorporating an integrated motorized pop up television that rotates 360 degrees! Not to mention the built in BBQ, stone patio, large grassy area and cabana! This Grand Encino Estate is privately gated; secure with interior/exterior cameras. No expense has been spared. Too many upgrades to mention!! MUST SEE!!!!
At the same time, the music duo purchased a home in the exclusive equestrian community of Hidden Hills for $6,900,000 on September 8, 2011. According to the listing, this 5 Bed/7 Bath home with 11,747sqft on 1.25 acres states:
NEW Hidden Hills French Country masterpiece! Sensational unobstructed views and complete total privacy!! Unparalleled quality construction with exquisite finishes rarely seen. Nearly 12,000 square feet of opulence! Amenities include a dramatic grand double staircase entry, home theater with 125 inch screen and 7.2 surround sound, Pub/ pool table room with tremendous hand carved wet bar, Magnificent library with fireplace and custom paneling, elevator, safe room and a truly great room with pocket sliders to take advantage of panoramic views. The grounds boast a classic custom pool with fountains. In addition there are waterfalls, fire pit and manicured lawns all with truly remarkable views. This is a NEW Premier Hidden Hills Estate that must be viewed to be appreciated.Vincent Herbert and Tamar Braxton's new neighbors include Jennifer Lopez, Sharon and Ozzy Osbourne who are selling their home discussed here since June, Melissa Etheridge, Denise Richards, Nicolette Sheridan, The Kardashian clan, and Beau Bridges who is also trying to sell his home discussed here.