Ashton Kutcher’s pristine four-bedroom Hollywood Hills home that he meticulously renovated in to a high-tech digital bachelor pad, has hit the market for a princely $2.6 million, more than double the estimated market value in Los Angeles’ depressed real estate market.
Kutcher paid $1 million for the home on just under one acre in 2004 and spend untold thousands to add the latest luxury touches, including an expansive media room, and top end finishes, such as recycled redwood floors.
Kutcher, 32, who gained fame for the sit-com “That 70s Show,” never spent much time at the house, if at all. He met wife Demi Moore less than a year after he bought the place, and later married her.
The actor, however, decided to hold onto the house at 2556 Greenvalley Rd, largely for sentimental reasons because he and his father had spent so much time working on it. But in the meantime, the LA real estate market has crashed.
Although he’s seeking $2.6 million, real estate Web site Zillow.com only values the property at the high end at $1.6 million. Whether the fact that Ashton owned it justifies the asking price remains to be seen.
A portion of the sale price will be donated to the Demi and Ashton Foundation (DNA), a non-profit group that raises awareness about child sex slavery.
The house is also considerably bigger than the original footprint. It’s been expanded from 2,002 sq ft to 3,235 sq ft during renovation.
Noted architect Duncan McIntosh designed the craftsman contemporary interior.
Among the high-end finishes the house has floors, stairs and wood beams that use mahogany, Brazilian cherry and recycled redwood.
The property is also lavishly landscaped with a tiered waterfall and an infinity-edged pool and built-in jacuzzi. It also has a 210 bottle wine room.