April 4, 2011 By Dawn Wotapka for WSJ.com
Doyle Terry
“Real Housewives of Orange County” cast member Vicki Gunvalson has listed her house.
Developments readers know that the “Real Housewives of Orange County” have serious housing issues: The women are no strangers to loan modifications, short sales and foreclosures.
But here’s a dose of drama-free reality: Cast member Vicki Gunvalson has listed her Coto de Caza, Calif., house for sale the old-fashioned way, TMZ reports.
Donn Gunvalson, Vicki’s husband, confirmed the listing, but did not comment further. (Take a virtual tour of the home.) The couple is asking $2.695 million for the five-bedroom, six-bathroom home brimming with upscale features including a dramatic master suite and a “resort style palm tree studded pool featuring a huge rock slide as well as a 5-seat swim up bar,” according to the listing.
That the house is up for grabs isn’t a surprise: Vicki Gunvalson, a hard-working insurance executive who was profiled in the Washington Post, discussed selling the spacious home in a recent episode. Big spaces come with big costs, she pointed out, and her two children are grown.
Laura Simmons, the Weichert agent with the listing, said she’s hoping for quick sale. That could be tough. While Coto is an exclusive gated community favored by professional athletes and doctors, it has felt the effects of the downturn. Prices have fallen some 30% from the peak, Simmons said, and sales have slowed, sending even high-end homes into foreclosure.
Doyle TerryThis house, however, has the advantage of being featured on a popular cable-television reality show. “It adds cachet,” she says.
We’ll watch to see if the sale becomes part of future episodes.
Doyle Terry
Real Housewives of Orange County, Vicki Gunvalson, Weichert
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