Hot Property: David Hasselhoff’s Encino home back on the market
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Actor David Hasselhoff (“America’s Got Talent,†‘Baywatch,’ ‘Knight Rider’) has relisted his Encino home at $4,195,000.
He had put the 8,947-square-foot Southern Colonial on the market at $5.95 million in early January, according to the Multiple Listing Service, then withdrew it about a week later. What a difference seven months makes -- about 29.5% in price.
The five-bedroom, five-bathroom home sits on nearly 1.5 acres. The two-story home has a great room with soaring ceilings (three stories plus of open air), a formal dining room, a screening room and an office. There is a tennis court, a swimming pool with spa and two guesthouses.
The property was purchased in 1996, and published reports at the time put the sales price at $1.5 million.
Hasselhoff’s 91316 ZIP Code has recorded 101 existing single-family home sales in the first six months of this year at a median price of $490,000, according to MDA DataQuick. That’s only a 3.9% price drop from the first half of 2008.
-- Lauren Beale
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