Prince Albert of Monaco buys mother Princess Grace’s Philadelphia home

Grace Kelly grew up in the property but eventually moved to NYC to pursue acting

New York /
Nov.November 12, 2016 11:00 AM

Philadelphia is getting its first brush with royalty since “The Fresh Prince.”

Prince Albert of Monaco has purchased the Philadelphia childhood home of his mother, American actress turned royal Princess Grace, People reported.

The Kelly family sold the home in 1974 and it had been under the same ownership ever since. The home was listed for $1 million this summer and eventually purchased for just $775,000, records show.

“The house was very beautiful and very special to our family,” Prince Albert told People. “I couldn’t have been more than two, probably my first visit to the house. I remember rolling about on the carpet in the living room. The house is filled with little moments like that. Moments of being a family.”

Kelly lived in the six-bedroom Colonial-style brick mansion in East Falls with her family before going to New York to pursue her dream of becoming an actress, ultimately starring in films such as “Rear Window” and “Dial M for Murder.”. She married Prince Rainier III in April 1956, officially making her a royal.

“It feels good,” the prince said of his purchase. “I’m very happy to have saved this old family home from a near certain death or development. We’re looking at having it contain some museum exhibit space and maybe use part of it for offices for some of our foundation work.” [People]Katherine Clarke


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
JLL CEO Christian Ulbrich. (Getty)
JLL explores sale of China property management wing
JLL explores sale of China property management wing
Birmingham and Bournemouth both saw a giant increase in demand. (Getty)
Demand for rentals rises in UK’s largest cities in Q1
Demand for rentals rises in UK’s largest cities in Q1
This Arkansas compound  sits directly across from the University of Arkansas football stadium. (Getty, Realtor.com)
Arkansas’ priciest home lists near Fayetteville football stadium
Arkansas’ priciest home lists near Fayetteville football stadium
Philip Falcone and his homes at 142 Crestview Lane in Sagaponack and  22 East 67th Street (Getty, Corcoran, Google Maps)
Foreclosure on Phil Falcone’s homes can move forward
Foreclosure on Phil Falcone’s homes can move forward
Softbank CEO Masayoshi Son and Compass CEO Robert Reffkin (Getty, Compass)
SoftBank buys $72M of Compass stock
SoftBank buys $72M of Compass stock
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...