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>> REESE WITHERSPOON Latest News

DEC 26, 2013 - Business Insider

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HOUSE OF THE DAY: Reese Witherspoon Sells Her California Ranch At A Major Loss

After more than a year on the market, actress Reese Witherspoon has sold her Ojai, Calif. home at a $816,500 loss, according to real estate blogger The Real Estalker. Witherspoon listed the ranch in Sept. 2012 for $10 million, just weeks after it appeared on the cover of Elle Decor. She later dropped the price to $5.9 million, but the still-unknown buyer bought it for just $4,983,500, according to The Real Estalker. That's far less than the $5.8 million Witherspoon paid for the home when she bought it in 2008 from designer Kathryn Ireland, according to The Hollywood ... Read More

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