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In More Pre-Christmas Celebrity Real Estate Related News...

The celebrity gossip hounds at Page Six of the New York Post were the first to reveal that actor Rob Lowe and his wife, Sheryl Berkoff, have quietly reached an agreement to sell their Feng-Shui-ed, 20-room Georgian mansion in Montecito (CA) to an as yet unknown buyer for $42 million.

Mister and Missus Lowe, who last year sold their beach front house in nearby Carpinteria for $5.9 million to insurance tycoon William Foley, II, custom built the stately mansion on four manicured acres and had it photographed for the November 2010 issue of Architectural Digest. (In April 2011, Mister Lowe gave his richer and more famous Montecito neighbor Oprah Winfrey a video tour of both the Montecito mansion and the Carpinteria beach house.)

In addition to the main manse, the ocean view property has two guest houses and a total of four kitchens, the largest with a reclaimed French oak floors, a Calacatta marble-topped center island, and a breakfast room with a motorized pocket door.

We have no idea what Mister Lowe and Miz Berkoff's future real estate plans hold The Post speculates they'll likely stick to the Montecito area since they're "said to love the area."

photo: Mary E. Nichols for Architectural Digest

In Even More Pre-Christmas Celebrity Real Estate Related News...

As first reported by the property gossips at Zillow, Oscar-winning actor Keith Carradine and wife Sandra, have put their four-parcel property near downtown Telluride, CO, up for sale as an off-market listing with an $8 million asking price. The property previously belonged to legendary concert promoter Bill Graham.

Listing details show the 6,000-ish square foot house—of limited architectural interest as far as this property gossip is concerned—has four bedrooms, 4.5 bathrooms, a heated two-car garage, and 180-degree views of Bear Creek and the Telluride Ski Resort.

listing photos: The Agency

In Other Pre-Christmas Celebrity Real Estate Related News...

As we first learned from the long-legged blond at Trulia Luxe Living, internationally beloved bubble gum pop star Katy Perry has finally found a buyer for Park Hill, her real estate white elephant in West Hollywood (CA), also sometimes referred to as The DeWitt Mansion after the home's original property developer owner.

Miz Perry purchased the centrally located estate with her ex-hubby, British comedian and giddy provocateur Russell Brand, in June 2011 for $6.5 million. They split before they moved into the three-story, 1920s Mediterranean that was granted to Miz Perry in their divorce.

Perched on a gated promontory just about the mouth of the West Hollywood end of Laurel Canyon, the three acre estate includes a 8,835 square foot main house plus a detached garage, pool house, and—on the steep hillside above the lagoon-style swimming pool, a self-contained one-bedroom and one bathroom guest house with separate entrance.

The somber and even somewhat gloomy (and very beige) house includes 7 bedrooms, 7 full and 4 half bathrooms, a double height living room with minstrel's gallery and city view, a formal dining room with a hand-stenciled honeycomb pattern ceiling treatment.

The price eventually dropped to $5,988,000 before an as yet unidentified buyer turned up to buy the property for an as yet unknown price. Our calculations show that even even she sells if for full price Miz Perry will lose well over half a million clams when one considers the purchase price ($6.5 million), upkeep and other carrying costs, and real estate fees.

Rather than occupy Park Hill, Grammy-collecting Miz Perry opted to drop $11.2 million on a multi-residence high in the Hollywood Hills.

listing photos: Teles Properties