USC Heisman Trophy winner — and now quarterback of the NFL’s Cincinnati Bengals, Carson Palmer — just listed his Laguna Beach ocean-view home for sale at $2,949,000.
Broker Andrew Karigan with Prudential California Realty says the 4,380 square-foot hilltop home, with four bedrooms and 4 1/2 bathrooms, offers panoramic overlook of the Pacific. The master bedroom suite occupies an entire floor, an office comes with a private balcony, there’s three fireplaces and a built-in aquarium.
Palmer, a SoCal native, graduated from Rancho Santa Margarita High and topped his USC college career winning a Heisman in 2002 as a senior. He currently lives in Cincinnati, and has owned the Laguna Beach home since 2004, when he bought it for $2.85 million.
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A home is up for sale and Jon Lasner gives us a short “bio” of the owner. Does that make the property worth more?
It doesn’t make the property worth more. But if realtor Karigan keeps posting his cllients name here I am sure pretty soon he won’t get many more high profile client listing.
theres such a small percentage of the population
-like professional athletes-
that can afford this house- the point is moot
hey blogger can you afford this house?
I didnt think so
A 4-year holding period and only a $10,000 increase in price?
It looks like he’ll lose money after paying the sales commission to the Realtors(r). Apparently Mr. Palmer has not been spending enough time with beach-close Jimmy and the other coastal bulls.
From the three pictures it looks like a very nice place.
Mr. Palmer obviously didn’t major in finance at USC.
I’m with Scott. Carson will lose money on this deal.
I was told they call it Lag-una for a reason
673 / sq ft hmmm just a bit steep for my blood
Captain Scott here:
Bad time to list a house.
My advice to Mr. Palmer.
Hold it for 10 years then sell.
LAND FOR SALE & SCOTT:
Carson is a great football player,
As in this case…..not a great RE investor
The carring costs alone on this would have been $400,000
Not including the 6% = $177,000.00 in Agent fees.
That is at least $600,000.00 carring costs after taxes & ins.
That is how you can lose big money in the upper bracket….
Looks like he is just trying to break even == Big Loss
Lansner, you have been duped. This home has been listed for a LONG time (1 year?) for $3.5 million. So Carson drops the price and puts his name in the listing? Hardly news. More like a deception by Prudential Realty. I’ve been in the house. It is …vertical….on a cliff….not a pleasant feeling…..
I have read all the blog responses with regards to the listing of Mr. Palmer’s home. It is very apparent that some of the negative response is coming from local realtors (Mr. Blue ?) who did not get the listing and are venting their jealousy towards Mr. Karigan who was selected to represent Mr. Palmer. First, at $673.00 per square foot, the home is now positioned well to sell. It had been previously listed with another realtor who had the home furnished much differently and priced much higher than it is now. That realtor was not getting the kind of exposure to the home that Mr. Karigan is doing now. Mr. Karigan is doing the right thing by pricing the home where it is at. It has also been staged with with a new look. I also recently visited the home during an open house last weekend and was impressed by the location, the VIEWS, and the decor. Second, I have known and have worked with Mr. Karigan as my realtor for several years and am very impressed with the way in which he markets homes. He conducts himself in a very professional and high-class manner and I have referred several colleagues to him. He did a great job in marketing and selling Jaret Wright’s Newport Beach home in a relatively short time, considering today’s market. He should continue to do what he is doing and he will continue to rise to the TOP. Go Andrew Go !!!!!
screw carson palmer and his mouth….love ohio state…the same state where it affords his punk style gangster mouth
Moving to Columbus to be near the Buckeyes, Mr. Palmer?