Sylvester Stallone Selling His La Quinta CA Home For $3.35 Million

ByJoseph Gibsonon May 25, 2020inArticles›Celebrity Homes

Actor Sylvester Stallone paid $4.5 million for a 4,889-square-foot, four bedroom, and four and a half bathroom vacation home in the desert resort city of La Quinta, California back in the early part of 2010. And unfortunately for Sly, he’s been trying to sell it since 2011, and now he’s put it back on the market at $3.35 million.

Stallone has put the property up for sale several times over the last ten years, each time with the asking price lower than the last. Whatever the reasons for Stallone’s real estate woes might be, it doesn’t appear to have anything to do with the quality of the home, which is a jewel of the celebrity-choked community of Madison Club, where Stallone is far from the only famous figure who lives behind secure and private gates.

Here’s how the house is described in official marketing materials:

“This incredible Mediterranean style estate residence is the ultimate retreat from fast paced living. Heavy wood double doors open up to a vaulted ceiling in the entryway, which leads into the double-height living room. A stone fireplace is the focal point on one wall of the living room. The spacious kitchen features a large wood-and-stone island. The upstairs ensuite includes a disappearing flat screen TV at the foot of the bed for entertainment and a fireplace including a private terrace off the bedroom.”

There’s also a very impressive (and private) courtyard on the property, with its own fountain, outdoor dining area, and a lushly maintained garden.

For a better idea of what Stallone has been trying to sell for almost ten years, you can take a look at the property in the video below from The Pinnacle List:

It’s a handsome property by anyone’s standard, but for whatever reason Sylvester Stallone can’t seem to get rid of any of it, thanks to the vagaries of luxury real estate in southern California. Hopefully for Stallone’s sake, this latest attempt to find a buyer will be the charm.

  • Sylvester Stallone Might Take A $300K Right Hook On His Palm Springs Mansion
  • Sylvester Stallone Might Be Listing His Beverly Park Mansion For A Staggering $130 MILLION
  • Sylvester Stallone Net Worth
  • Sylvester Stallone Is Putting His $6 Million Watch Collection Up For Auction Next Month
  • Take A Video Tour Of Sylvester Stallone’s $85 Million Beverly Park Mansion (That Was Previously Listed For $130 Million)
  • Sylvester Stallone Says Conor McGregor Deserves A Stake In UFC, Offers To Give Him Some Of His Shares

Sylvester Stallone Is Putting His $6 Million Watch Collection Up For Auction Next Month

ByJoseph Gibsonon May 20, 2024inArticles›Celebrity News

One of the most notable watch collectors in the world is film star Sylvester Stallone , who has been a star in the watch world as well for much of his career. Now, Stallone and the Sotheby’s auction house are bringing his one-of-a-kind collection of timepieces to the auction block next month, and together, they’re estimated to be worth some $6 million.

That’s an especially high sum when you realize that the part of his collection that Stallone is parting with is only made up of 11 watches all in all. The crown jewel of the collection is undoubtedly Stallone’s Patek Philippe Grandmaster Chime, one of the rarest and most expensive watches ever made. Another Grandmaster Chime set the record for the most expensive watch of all time when it sold for $31 million, and Stallone’s own Chime cost $2.5 million. Analysts reportedly expect the watch to sell for somewhere between that sum and $5 million at the auction, but Stallone’s celebrity, as well as the rarity of a Grandmaster Chime being on the auction block in the first place (this will be the first time such a piece has been up for commercial, non-charitable bidding), could push the price significantly higher.

Sylvester Stallone Selling His La Quinta CA Home For $3.35 Million - 1

Frazer Harrison/Getty Images

This is a watch so rare and so valuable that Stallone has never even taken it out of its box, let alone put it on. He speaks extensively on the Grandmaster Chime as well as the other watches in his collection in a video on the Sotheby’s YouTube channel:

“The one thing that is pervasive throughout all these watches is that they attract me emotionally. It’s not about keeping time, it’s about keeping in step with where you are in life,” Stallone told Sotheby’s. In addition to the Grandmaster Chime, Stallone is also selling two other Patek Philippe pieces: a Nautilus reference 5711/1300A-001 from 2021 said to be worth anywhere from $200,000 to $400,000, and another Nautilus worth a mere $50,000-$100,000.

Stallone is also letting go of four watches from Panerai, a brand he has been enthusiastic about not just collecting but promoting in public and even in his movies. The Panerai Reference PAM00382 Luminor Submersible 1950 going up for auction was featured in “The Expendables 2,” and the winning bidder will also receive a signed poster for the movie. Budget-conscious watch collectors may be interested in Stallone’s gold Piaget Polo Grande, the cheapest watch in the collection, with an estimated value range between $6,000 and $12,000.

The auction is set to commence on June 5th, 2024.

  • Sylvester Stallone Net Worth
  • In The Late 80s, Sylvester Stallone Turned Down A Massive Payday To Make A “Rambo” Sequel
  • Sylvester Stallone Selling His La Quinta CA Home For $3.35 Million
  • Sylvester Stallone Might Take A $300K Right Hook On His Palm Springs Mansion
  • Just Nine Months After Moving In, Sylvester Stallone Lists Hidden Hills Mansion For $22.5 Million
  • Take A Video Tour Of Sylvester Stallone’s $85 Million Beverly Park Mansion (That Was Previously Listed For $130 Million)