Tuesday, January 25, 2011

Still looking for a home?

Zsa Zsa Gabor's Estate To Hit The Real Estate Market
(CNS) Posted Tuesday January 25, 2011 – 5:49pm
Zsa Zsa Gabor's mounting medical bills and the staggering monthly costs of upkeep on her sprawling estate were the driving factors behind the decision to put the property on the market, the actress' husband said today.

Prince Frederic von Anhalt gave reporters a tour of the 28-room, 12,000-square-foot mansion, and explained that he had no choice but to put the home up for sale, with an asking price of $28 million.

"That's it. This house goes," he said. "I am sick and tired of hiding behind those three words, 'rich and famous'. Maybe we are famous, but we are not rich."

Von Anhalt said Gabor's medical care costs about $21,000 a month, while payments for debt on the home and upkeep are another $35,000.

"We are talking about $56,000 I have to raise every month," he said.

"This is why I have to sell the house. It is a must."

The sale will come with one big condition -- the 93-year-old Gabor and von Anhalt will remain living at the estate free of charge.

"The new owner has to pay for everything," von Anhalt said.

Gabor has been in failing health for the past year, and recently had part of her right leg amputated due to poor circulation and a large ulcerated area.

The estate was built by famed aviator/businessman Howard Hughes, and it was previously owned by Elvis Presley, who sold it to Gabor.

Von Anhalt said he was confident somebody would purchase the home.

For more images of the home click here.