From the WSJ Real Estate Archives

Rock's Jack White
Sells Detroit Home

by Ben Casselman
From The Wall Street Journal Online
April 24, 2007

Grammy-winning musician Jack White, lead singer and guitarist of rock duo the White Stripes, has sold his Detroit home for $590,000, well below its initial $930,000 asking price. Mr. White recorded his hit 2005 album "Get Behind Me Satan" in the foyer of the 5,800-square-foot home.

The 1914 house was designed by C. Howard Crane, best known for theaters on Broadway and elsewhere. The home has four bedrooms, a paneled library, a sunroom and a garden with a koi pond and fountain.

[columnists]
Pamela Marvin, widow of Oscar-winning actor Lee Marvin, is asking $6 million for this adobe house in Tucson, Ariz.

Mr. White bought the property in 2003 for $524,000, records show. Last August, he put the house on the market for $930,000 and later cut the price to $650,000. Listing agent Mike Kramar of Coldwell Banker Callan said the buyers are a retired couple from Maryland, but wouldn't identify them.

Mr. White, 31 years old, founded the White Stripes with his then-wife Meg White in 1997. (The couple has since divorced, but continue to perform and record together.) Mr. White has won five Grammies, both with the band and independently. He also belongs to the rock group the Raconteurs, appeared in the 2003 film "Cold Mountain" and now lives in Nashville, Tenn., where he paid about $3.1 million for a nearly 20,000-square-foot house in December 2005. Mr. White declined to comment.

In Detroit, the average price of a home fell 23.5% in the first two months of 2007 from year-earlier levels, the Michigan Association of Realtors says.

Lee Marvin's Widow Lists Arizona House

Pamela Marvin is asking $6 million for a Tucson, Ariz., home she shared with her late husband, Academy Award-winning actor Lee Marvin.

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The five-bedroom, nearly 7,500-square-foot house was built in 1936 and has beamed ceilings, scored concrete floors and 18-inch-thick adobe walls. Also on the 12.2-acre property: a one-bedroom guest house, tennis court, swimming pool and a courtyard with a fountain. The architect, Swiss-born Josias Joesler, designed numerous homes and several churches in the Tucson area.

Ms. Marvin, 77, says she and her husband visited Tucson when Mr. Marvin was filming the western "Pocket Money" in the early 1970s, and "fell in love with it." They bought the house in 1975. Ms. Marvin says her husband hired blacksmiths to make wrought-iron light fixtures, curtain rods and other features, and designed a stained-glass window above the front door; they also renovated the house and added a media room.

Mr. Marvin, who died of a heart attack in 1987 at age 63, won his Oscar in 1965 for his role in the comedy-western "Cat Ballou." Ms. Marvin says she's selling to spend more time in Woodstock, N.Y., and to travel. Christine and Russell Long of Long Realty are listing the property, which is also being marketed by Christie's Great Estates.

Producer's Price Cut

Film producer and Gateway Inc. co-founder Norman Waitt Jr. has cut more than $2 million off the price of a Montecito, Calif., mansion he built but never moved into. The house is now on the market for $22.5 million.

[columnists]
The Marvins bought this house in 1975.
The roughly 12,000-square-foot home, known as "Belle Époque," has five bedrooms. The 2.76-acre property, overlooking the Pacific, includes a pool and spa, formal garden, meditation garden and three-car garage. Records show Mr. Waitt bought the property in 2003 for $12.6 million.

According to listing agent Rebecca Riskin of Village Properties Realtors, Mr. Waitt tore down the house on the land, spent four years building a new estate and planned to use it as a vacation home. (His primary residence is in Omaha, Neb.) He later changed his mind and put it on the market late last year with a $24.8 million asking price.

Mr. Waitt co-founded computer maker Gateway in 1986 with his younger brother Ted Waitt. Since leaving the company in 1991, the elder Mr. Waitt has helped produce many films, including "My Big Fat Greek Wedding."

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