Maria Menounos bought Encino home for $2.3m; 21 years later, it asks $6.995m
Television personality Maria Menounos has listed her Encino estate for $6.995 million, 21 years after purchasing the property for $2.3 million. The home has undergone extensive renovations, including the addition of a podcast studio and tennis court.
Why it matters
The listing reflects the significant appreciation of luxury real estate in Southern California over the past two decades.
Maria Menounos has listed the Encino home she shared with husband Keven Undergaro for $6.995 million, nearly two decades after the couple purchased the property for $2.3 million. Realtor.com reports that the 1938 residence has since been transformed into a 5,145-square-foot compound with a private theatre, podcast studio, guesthouse, gym and tennis court. Set on 0.8 acres in the guarded Rancho Estates neighbourhood, the six-bedroom, 5.5-bathroom property has been designed for both entertaining and family life. It is more than a celebrity listing. Over the years, the home became a backdrop to Menounos’ television, radio and podcast career, as well as her life with Undergaro and their daughter, Athena. Read on to know more about it here:A longtime Encino retreatMenounos and Undergaro bought the property in 2005, when the media personality was building her career in entertainment.
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