The estate of Nancy M. Daly, the late ex-wife of former Los Angeles Mayor Richard Riordan, has reduced the price on Ms. Daly's Malibu, Calif., estate to $47 million, a $10 million cut after more than four months on the market.
The philanthropist and children's activist, who died last October of pancreatic cancer, bought the three lots comprising the land in the 1990s. The 0.75-acre estate has 180 feet of frontage on Carbon Beach, the "Billionaire's Beach" where Microsoft co-founder Paul Allen recently bought a contemporary for more than $25 million. The nearly 13,000-square-foot mansion, which Ms. Daly built in 2002, has eight bedrooms, nine fireplaces and multiple terraces. The double-height living area has a view of the Pacific through glass doors that slide into the wall. There's also a pool and a sports court.
Ron de Salvo and Chris Cortazzo of Coldwell Banker Previews International share the listing. "Most of the triple lots are 120 feet; 180 is very unusual," says Mr. de Salvo. Ms. Daly's estate sold her Beverly Hills home in May for $7.48 million.
Cookie Magnate Debbi Fields Seeks Buyer in Aspen
Mason Morse
Debbi Fields and her husband, Michael Rose, the former chief executive of Holiday Inn, are still searching for a buyer for their 501-acre ranch near Aspen, Colo. It's now listed at $28.5 million, 24% less than when they listed it in September 2008. It has now been at that lower price for more than a year.
Mr. Rose bought the land in 1993 for $4.8 million. He and Ms. Fields built the 11,000-square-foot wood-and-glass house, inspired by Japanese architecture, in 2002 as a vacation home. "We had this vision that we would have all the kids coming to be with us, and that hasn't happened," says Ms. Fields, 53, who plans to look for a smaller home in the area. Penney Evans Carruth of Mason Morse has the listing.
The heavily wooded property, where herds of elk pass through, borders a trout-filled lake and has a dock. The main house has five bedrooms, a caretaker's apartment and several decks. There's also a 2,500-square-foot guest house. The property is located in Wildcat Ranch, the luxe development where music executive Tommy Mottola also has his home on the market.
Ruby Tuesday's Founder Lists
Low Country Real Estate
Ruby Tuesday's founder Sandy Beall and his wife, Kreis, are asking $3.75 million for a waterfront home they recently renovated in Beaufort, S.C.
The couple have bought, renovated and sold more than 40 homes during their 35-year marriage, according to Ms. Beall. They bought the three-story home in 2008 for $2.65 million and spent $1.25 million renovating but decided instead to move to Alabama, where they previously lived. "Our hearts just ended up being down there," Ms. Beall says.
The 19th-century gated home is in the Point, Beaufort's landmarked historic district, and measures nearly 8,000 square feet. It overlooks the Intracoastal Waterway and neighbors marshland. A separate brick building can be used as a gym or office. Edward Dukes of Lowcountry Real Estate has the listing.
Email us at privateproperties@wsj.com.
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