Hot Property: Wrestling with the luxury market
LOS ANGELES_Actor David Arquette appears set on shaking up his real estate portfolio, listing both his Encino home and a Lake Arrowhead retreat for sale.
The Encino property, purchased two years ago from actress Kate Walsh, is priced at $4.975 million and includes more than an acre of grounds, a tennis court and a guesthouse.
Built in 1950 and extensively updated during Walsh's stay, the single-story traditional features a beamed-ceiling living room, a lavish chef's kitchen and a screening room dressed in dark blue wallpaper. Bi-folding doors in the dining room open to a patio in the backyard.
A custom dressing room and marble-clad bathroom are part of the master suite, which holds one of two fireplaces. Including the guesthouse, there are five
