Australia Back to Real Estate News Homepage to RSS for this country

AU Property News

AU Swim great Ian Thorpe liquidating the last of his property portfolio with listing of Hollywood Hills bungalow

Property Here - Thursday, October 10, 2013

Share to:

Ian Thorpe is selling his home in the picturesque Hollywood Hills (above right). Pictures: Toby Canham

Ian Thorpe is selling his home in the picturesque Hollywood Hills (above right). Pictures: Toby Canham

< Prev

1 of 2

Next >

The electric-powered mini funicular railway-style lift to Thorpe's house.

The electric-powered mini funicular railway-style lift to Thorpe's house.

< Prev

1 of 2

Next >

IAN Thorpe has sold off the last of his once-impressive property portfolio. 
The Olympic swimmer is selling his Hollywood hills home which is being flogged by an agent as the property John Lennon once slept in.

Thorpe, who paid US$879,000 in 2006 for the two-bedroom hideaway, has listed the home for US$999,000.

The gold medallist has taken some time out from the property market scene since 2011.

Since entering the market, he has owned three valuable properties - two houses in NSW and one in Los Angeles.

The champion swimmer sold his Port Hacking waterfront home to former State of Origin coach Ricky Stuart for $2.65 million in 2012.

He also previously purchased a $710,000 Thirroul investment apartment which he sold for $655,000 in 2010.

The latest sale comes off the back of his personal finances taking a hit in the global financial crisis.

Ian Thorpe Hollywood Hills house

Ian Thorpe's two-story building nestles on the side of a hill and can only be reached by using its own electric powered lift. Picture: Toby Canham

Ian Thorpe runs past the famous Hollywood sign / Picture: Gregg Porteous

Ian Thorpe runs past the famous Hollywood sign / Picture: Gregg Porteous

Thorpe also suffered cash flow problems in 2010 after abandoning lucrative sponsorship deals to focus on his university studies.

At the time, the super swimmer vowed to bounce back, streamlining his interests and vowing he wants to lead "a happy and simple life".

THORPEDO GIVES UP ON HIS OLYMPIC DREAMS

GALLERY - THE FASHIONS OF IAN THORPE

GALLERY - IAN THORPE, THE EVOLUTION

The property in Laurel Canyon, located behind West Hollywood's Sunset Boulevard, is a 960-square-foot bungalow set in a secluded 5063 square foot location.

Its features include wall-sized windows, built-ins, a Japanese-inspired master bedroom and a rooftop deck.

 Ian Thorpe's Hollywood Hills hideaway  / Picture: Twitter

The view from the deck of Ian Thorpe's Hollywood Hills hideaway. Picture: Twitter