People News
Courteney Cox trebles real estate value
Jan 30, 2007, 12:30 GMT
Courteney Cox Arquette - Dirt FX Premiere Screening - Paramount Theatre - Los Angeles, CA © David Gabber / Photorazzi
Courteney Cox and David Arquette are selling their Malibu mansion for three times what they paid for it.
The couple are selling their California home for $33.5 million - an astonishing $23 million dollars more than they paid for it.
The "world class architectural estate" was designed by John Lautner. It has four bedrooms, five bathrooms, and an 80 ft beachfront area.
A source told Us Weekly magazine: "Courteney bought the house for its unique architectural design, she studied architecture at Washington DC's Mount Vernon College."
The property was listed for sale on January 23.
Other sources claim the 42-year-old 'Dirt' star first put the house on the market in August 2006 and is having trouble selling it, due to its hefty price tag.
(C) BANG Media International
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