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A Mighty Duck Stays Near Water

May 14, 2000|RUTH RYON

Emilio Estevez, director and co-star with his brother Charlie Sheen of the Showtime movie "Rated X," has purchased a newly built home on slightly more than an acre in Malibu for about $2 million.

Estevez also just sold his former oceanfront home nearby for about $3 million.

"Rated X," which premiered at the Sundance Film Festival in January, was shown Saturday and will be shown again Thursday and May 29 at 10 p.m. The film is based on the true story of brothers Jim and Artie Mitchell, who became porn kings ("Behind the Green Door," 1971) and destroyed themselves in the process.

Estevez co-starred with former "Wings" TV star Steven Weber in the movie "Late Last Night," released earlier this year.

Estevez, who turned 38 last week, was part of the '80s' Brat Pack, a group of young Hollywood stars. His father is actor Martin Sheen, who plays the president of the United States in the hit NBC series "The West Wing."

Estevez has previously starred in such movies as "Young Guns" (1988), "Young Guns II" (1990) and "The Mighty Ducks" (1992). He appeared in the movie "Mission: Impossible" (1996).

He also directed, produced and starred in the movie "The War at Home" (1996), about a troubled vet who returns home to a troubled family.

Estevez's new home is Spanish in style and has four bedrooms, a breakfast room, a guest house, a courtyard, a patio with a fountain and barbecue; a pool, spa and gardens. The gated home, described as having Old World charm, also has a brick drive.

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Ken Kragen, the talent manager who has masterminded such major benefit events as LiveAid and "We Are the World," has put his 750-acre Eagle Oak Ranch, just east of Paso Robles, on the market at about $5 million.

Kragen--who has managed such recording stars as Kenny Rogers and Trisha Yearwood--and his wife, actress Cathy Worthington, decided to sell the vacation and weekend retreat, which they've owned for 12 years, because they haven't been using it often.

"With our 10-year-old daughter playing basketball, riding horses and singing in church, we have no time to drive to the ranch. So for us, it doesn't make financial sense," he said.

He has mixed emotions about selling, especially because he and his wife built the main house, a Mediterranean-style home with six bedrooms in 8,500 square feet. It was designed by local architect Woody Woodruff.

"The house has four stories including a basement [with a wine cellar], and there is a celestial observatory on the top floor with an electronically operated roof and a huge telescope. I'm an amateur astronomer," Kragen said.

Even without the telescope, views from the house are, he said, "unbelievable. . . . You can sit on the back patio and look out for 25 miles." The ranch is in the middle of the Central Coast wine country, with rolling hills and many oaks.

The ranch, fenced for cattle or horses, also has a three-bedroom ranch manager's house and a two-story barn with a five-stall stable, a wash rack and feed storage areas. "My wife and daughter are both into dressage and driving [horse] carriages," he said.

There is a two-bedroom 1,880-square-foot apartment over the barn where the Kragens stayed off and on for almost 10 years, before they built the main house.

"When we were at the ranch with our family, we could put all of them up," he said. "We could sleep up to 23 people." The Kragens also entertained Rogers and other celebrity clients there.

David Crabtree at Home & Ranch Realtors in Templeton has the listing.

Three-time NBA All-Star Kiki Vandeweghe, who most recently played basketball with the L.A. Clippers in 1993, and his wife, Peggy, have sold their Bel-Air home for close to its $4.6-million asking price.

After leaving the Clippers, the former basketball star, 41, became a financial agent for athletes.

He and his wife had owned the home, which they completely refurbished under her direction, since 1997, when they bought the property for $2.6 million, according to public records.

The house was built in 1929 and was later owned for 25 years, until 1993, by actress Greer Garson, who died at 92 in 1996.

The English-style home, on an acre behind gates, is about 6,000 square feet.

Lee Masters, former president and chief executive of E! Entertainment Television who is now president and chief executive of Liberty Digital Corp., and his wife, Pamela, have sold their Pacific Palisades home for about its $1.69-million asking price.

Liberty Digital is an emerging leader in interactive television with investments in related companies.

The house that the entertainment executive, 48, and his wife sold is Tuscan Mediterranean in style and is behind gates. The 5,000-square-foot home also has a cabana, pool and spa.

The couple bought a much larger Tuscan Mediterranean-style home behind gates in Brentwood early last year. That estate has city and ocean views, sprawling lawns, gardens, a pool and a spa.

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