Rent Cristiano Ronaldo’s House, Stevie Wonder’s Home on the Market, and More Real Estate News

From celebrity homes to red-hot markets, there is always something new happening in the world of real estate. Here’s everything you need to know. 

On the market

Cristiano Ronaldo is renting out his Madrid mansion

With Cristiano Ronaldo joining the Saudi Pro League, the 38-year-old sports star and his girlfriend Georgina Rodriguez aren’t spending much time at La Finca, their four-story Joaquin Torres–designed home in Madrid. 

So the couple are renting the house out for $11,000 a month, Spanish sports outlet Marca reports. For that, you get seven bedrooms, nine baths, two swimming pools, and a massive garage—not to mention a private soccer field and bleeding-edge fitness center used by soccer’s GOAT.

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In case you forget who owns the place, Ronaldo’s initials are embossed on La Finca’s massive front door.

The minimalist mega-mansion may also look familiar to Netflix subscribers: It’s the backdrop to Rodriguez’s docuseries, I Am Georgina, now in its second season.

Stevie Wonder’s former Beverly Hills home lists for $11 million

The LA mansion where Stevie Wonder found his higher ground can be yours for $10.99 million. Situated in Beverly Hills’ ritzy Trousdale Estates neighborhood, 600 Clinton Place sits on a shelf in the foothills of the Santa Monica Mountains. Completed in 1970, the four-bedroom, eight-bath abode has a spacious window-filled layout offering abundant sunlight and envious views of both the city and the ocean. 

Other draws include a double-sided fireplace, fitness center, and four-car garage. Tall sliding doors open to the landscaped backyard, where a covered patio and oval pool are ideal for hosting. 

Wonder leased the property from 2011 to 2015, The New York Post reported. “This home embodies the quintessential LA lifestyle with incredible views from the hills and celebrity neighbors left and right,” said Aleks Lipovic of AKG/Christie’s International Real Estate, who shares the listing with Holland Ashrafnia, Kyle Siwik, and Aaron Kirman. “Trousdale is so quiet and private, so owners truly have the best of both worlds when it comes to entertaining and living.” 

TikTok Hype House hits the market

If you watched Netflix’s Hype House, you should recognize 13248 Nightsky Drive in Moondark, California, as the Spanish-style mansion where the show’s young TikTokers lived and recorded their lives.

The palatial home, which sports eight en suite bedrooms and more than 11,000 square feet of living space, is listed for $7,995,000 with Weston Littlefield and Alex Howe of AKG | Christie’s International Real Estate.

Situated on a secluded 20-plus-acre lot in Lexington Hills, it offers extra high ceilings, long hallways, and a home theater that can accommodate close to a dozen people. Outside, an oversized pool, two hot tubs, a waterslide, and swim-up bar offer more opportunities for content creation.

The property was built in 1998 but has undergone an extensive remodel since its Hollywood moment, according to the listing. 

Rare Washington Square town house comes to market for $30 million

One of the last privately owned town homes on New York’s Washington Square Park has listed for $29.95 million. Completed in 1839, the landmark five-story residence at 26 Washington Square Park is known as the William Dare Morgan House, after the Gilded Age businessman who lived there in the 1870s and 1880s. (Morgan was a founder of New York Hospital, a governor of the Knickerbocker Club, and personal friend of Charles Dickens, among other resume highlights.)

The red-brick houses along the square’s north side were known as “the Row,” a string of uniform mansions intended for New York’s social elite. Today, they are recognized as among the most outstanding examples of Greek Revival architecture in the US.

Morgan added an additional story in 1880, making his the only one on the Row with five floors. He died in 1887, but his family resided at the house through the 1920s, after which it was divvied up into apartments. 

Subsequent residents include silent-movie producer Richard West Saunders, artist Everett Shinn, and disgraced financier Charles V. Bob, who was convicted in 1939 of defrauding his investors of $6 million. 

The 26-foot-wide mansion was reconfigured into five floor-through units in the 1990s and, after a major renovation five years ago, tenants have been paying more than $10,000 a month, Curbed reported.

The property can easily be converted back into a single-family residence, according to the listing, held by Torsten Krines and Fred Williams of Sotheby’s International Realty/Downtown Manhattan Brokerage.

First look

Take me out to the ball game—in San Francisco

A new residential tower in San Francisco practically puts residents in the outfield at Oracle Park.

Last week, developer Tishman Speyer unveiled new renderings of the Canyon, a 23-story apartment building on Third Street, across from The Giants’ ball field. 

The MVRDV-designed tower is the first of the four buildings that will eventually make up Mission Rock, a 28-acre waterfront complex on what used to be a stadium parking lot. 

The project, which has been in the works for over a decade, also includes a 13-story office building designed by Henning Larsen, a second 23-story apartment from Studio Gang, and a commercial property by WORKac that will house biotech research firms.

The Caynon’s 283 rental units range from studios to three bedrooms, with about a third designated as below market rate housing. The building will also include street-level retail and dining and 58,000 square feet of office space.

MVRDV’s design was inspired by California’s iconic rock formations, with a narrow “valley” running between steep rocky walls that extend all the way up the building’s western façade.   

According to Tishman Speyer senior managing director Carl Shannon, residents will be able to move in starting in June.

Sales launch

Regency heads south for Miami’s La Maré

Chicago-based Regency Development Group is stepping outside its usual playground for its next project: La Maré, a boutique condo complex coming to Miami’s Bay Harbor Islands. 

The development is composed of two eight-story buildings: The 33-unit Regency Collection at 9927 East Bay Harbor Drive and the nine-unit Signature Collection at 9781 East Bay Harbor Drive.

Sale for the vertically stacked “tropical luxury villas,” as press materials call them, launched this month. Regency bought the sites in 2022 for $22.5 million and expects to break ground later this year, with completion of both buildings slated for 2025.

Architect Kobi Karp, who renovated Miami’s Astor Hotel and the venerated Surf Club, is designing the exteriors, while Brazilian designer Debora Aguiar Arquitetos, who worked with Karp on 1 Hotel South Beach, is overseeing the interiors.

“The design ethos is centered around its honoring natural surroundings—water and its movement—to create an ongoing connection to the environment,” Karp said in a statement. 

Units range from two to four bedrooms, with four additional multilevel penthouses. Owners will have access to a private boat slip, rooftop pool, and waterfront sundeck. Pricing starts at $2.875 million and goes up to $6.3 million, though Regency managing partner Michael Troyanovsky told The Real Deal that he’s in no rush to sell out.

“We want to wait and see how the market plays out,” Troyanovsky said. “We don’t see the market going anywhere. We really think that the bubble of South Florida is here to stay.”

News

Florida bill would restrict certain foreign real estate purchases

Florida has one of the hottest real estate markets in the US, but if state lawmakers have their way, some international buyers would be kept out.

House Bill 1355, now up for a full vote, would prohibit nationals from “countries of concern”—a label applied to China, Russia, Venezuela, and other nations—from purchasing real estate anywhere in the state, and require them to register any existing properties. 

Similar initiatives have been floated in Texas, Virginia, and also in Congress, but HB 1355 has been described as a priority for Republican Governor Ron DeSantis.

“We don’t want to have holdings by hostile nations,” DeSantis said at a January press conference. 

An equivalent measure was approved unanimously in the state Senate earlier this month. But critics compare the legislation to the Chinese Exclusion Act and Nazi-era laws that required German and Austrian Jews to register their properties.

“If approved, these two bills will mark Florida as the most discriminatory state in the 21st century,” Xuan Jiang wrote in an op-ed in the Orlando Sentinel.  

Even if the bill became law, University of Miami business professor Jason Damm told The Tampa Bay Times, “It would be difficult to imagine it’s going to make a huge dent in our market. “

The majority of Miami’s foreign real estate investors come from Latin America, Damm said, calling HB 1355 “more of a political statement than anything else.” 

The hottest neighborhood in America?

America’s most in-demand real estate market? No, not New York or Miami. It’s Dallas. Northeast Dallas, to be exact. 

That’s according to HouseFresh’s examination of Zillow daily site traffic in October. HouseFresh, which normally rates indoor air quality devices, collected Zillow listings from America’s 100 biggest cities and found the most clicks in the region encompassing Lake Highland, with 36,113 hits a day. 

That’s compared to the Hollywood Hill’s 32,216 clicks and the Upper East Side’s 24,125, the most popular neighborhoods in the two coastal metropolises.

While other Dallas sectors appear on HouseFresh’s roundup—Preston Hollow landed at Number 12 and Far North was Number 15—Phoenix, Arizona, also dominated the top ten, with areas in third (Camelback East), sixth (North Mountain), and tenth (Deer Valley) place.