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SCHWARZENSHRIVERS EXPAND THE EMPIRE! Arnold's new room with a view! Reported By: Brandon Krum Sunday, May 12, 2002 Reported by the LA Times: Arnold Schwarzenegger has purchased a newly built home in a guard-gated Brentwood community for close to its $11.9-million asking price, but the quarters are only temporary. The actor and his wife, NBC-TV reporter Maria Shriver, plan to move with their four children to the home from their longtime Pacific Palisades compound, which will undergo a major rehabilitation, according to sources not involved in the transaction. Unable to find an acceptable home to lease during the remodeling, the couple chose to buy. They had been considering properties with leases as high as $70,000 a month, Westside Realtors said. Their interim Brentwood home, described as Argentinian Mission Spanish in style, has five bedrooms and 11 bathrooms in 11,000 square feet. It's on a six-acre knoll and has ocean views. Their Palisades compound includes four adjacent 5,000- to 6,000-square-foot houses on about 5.5 acres. They bought their first house in 1986, the year they were married; their second house in 1993 from actor John Forsythe; and their third house in 1995 from "Hill Street Blues" star Daniel J. Travanti. In February 2001, they bought their fourth home from Jay Lustig, part owner of the Pittsburgh Pirates. All of the houses in the compound were built in the early '80s. One is being used for offices and a guest suite. The other houses have a total of least 16 bedrooms. One house has a tennis court. ---------- |