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Lou Ferrigno will always be remembered for his role as TV’s Hulk in the late 1970s. Now the actor and bodybuilder is ready to smash his way out of Southern California in favor of the Central Coast.
Ferrigno has put his charming home in Santa Monica on the market for $3.9 million, after having purchased another place farther up the coast near Pismo Beach for $2.9 million.
The home he’s selling was originally built in 1929, and has been updated over the decades. Even so, the listing details suggest to prospective buyers to “bring your architect,” a heavy hint that it may be ready for a teardown. Perhaps some elements of the original home can be preserved, but it sounds like a sure thing that work will be involved.
Records indicate that Ferrigno probably bought the property clear back in 1980, at the height of his Hulkdom, for a mere $547,000. There’s plenty of room for expansion on this deep lot in the city’s Gillette Square neighborhood.
There are no listing photos to indicate the condition of the interior, but many of the area’s older homes have already been given the modern renovation treatment.
Ferrigno’s home is listed at $1,134 per square foot, but the median listing price in the neighborhood is $1,254 per square foot, so this could be attractive for a buyer who’s up for a large-scale project.
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And the investment would likely pay off. The property is just a block and a half from all the chic shops and restaurants that populate one of the most upscale neighborhoods in the L.A. area.
Meanwhile, the L.A. Times reported that Ferrigno has purchased a newer, Mediterranean-style home perched atop a knoll on California’s Central Coast. The 7,146-square-foot home has 360-degree views of the coastline and the San Luis Obispo Mountains.
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Ferrigno’s new place in Arroyo Grande was built in 1980 and features five bedrooms and five bathrooms.
It also features a heated swimming pool, a gazebo, gardens, walking paths, and an 8,000-square-foot shop/barn with solar panels. The property sits on over 5.5 lush, resortlike acres.
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Ferrigno, 67, has won body-building titles including Mr. America and Mr. Universe. He’s best known for playing the Hulk on the CBS TV series “The Incredible Hulk,” to Bill Bixby’s Bruce Banner.
The post Lou Ferrigno Selling in Santa Monica, Making Move Up California Coast appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/celebrity-real-estate/lou-ferrigno-selling-in-santa-monica/
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