Eva Longoria whose net worth is $55M, loses $3M as she sells hilltop mansion bought from Tom Cruise
Eva Longoria seems to have suffered a huge loss thanks to a house that she reportedly bought from Tom Cruise back in 2015. The 'Desperate Housewives' star has allegedly been hit with a $3.15 million loss from the 2.75-acre hilltop Hollywood Hills estate.
According to a Los Angeles report, she sold her compound for $8.25 million, which accounts for $5.75 million less than the original asking price — $14 million. The actress first put it up on sale in November 2017 but the price was later reduced to $9.8 million in 2018.
Before the palatial home belonged to Longoria, Cruise reportedly owned and stayed in it for a decade. Designed with perfection, the estate boasts of a three-bedroom villa, a four-bedroom guesthouse and two studios. With the latest wide-plank wood floors, glass walls, Venetian plaster walls and cathedral-style ceilings, it is a picturesque haven. And if that wasn't enough to lure you, the second-story master suite has a cozy fireplace, spa, and opens door to a lovely terrace.
That's not all. Dubbed as “virtually irreplaceable,” the property also includes a stone cottage, fountains, gardens, and a boulder-rimmed swimming pool. Moreover, the grounds feature mature landscaping and a trellis-topped patio.
It seems the 'Young and Restless' actress wanted to sell the property for the past three years but couldn't find a suitable buyer. As per reports, the listing agents were reshuffled a couple of times as well. While Joshua and Matthew Altman, the Altman brothers of Douglas Elliman, and Eddie Fallah of Keller Williams Realty were the final listing agents, Peter Lorimer of PLG Estates represented the buyer.
According to Zillow, Cruise himself suffered a two million loss after initially listing it at $13million and selling it for $11.4million nearly five years ago. Longoria has a net worth of $55 million and she got hitched to media mogul Jose Antonio Baston in 2016. Her husband's net worth is $20 million. Together, it amounts to a whopping $75 million. Of course, a loss is a loss, but looking at the mammoth figures, it may not be a big hit for the stars.