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Fortunate son: John Fogerty flips Encino home
Rock legend bought 9K sf home for $6.8M; he sold for over a million more
Former Creedence Clearwater Revival founder and frontman John Fogerty sold an Encino home for more than $1 million more than he paid.
The singer-songwriter sold the 9,000-square-foot mansion and a smaller home for $8 million, according to Dirt. He listed the property at 16701 Bajio Court in February for about $10 million, and a month later dropped the price to $9 million.
That got cut to $8.5 million in June and a sale was pending at that price a month later before closing after the last half million-dollar cut.
Still, it marks one of the pricier deals to close in Encino this summer. Actress Bridget Fonda and Danny Eflman about matched it with their $8 million purchase of two neighboring properties in June.
Fogerty acquired his Bajio Court property in 2018 for $6.8 million. The home was two years old when he bought it, and undertook a minor renovation, according to Dirt.
The home has six bedrooms and eight bathrooms. The property totals about two-thirds of an acre, and there is a built-in firepit, pool and spa in the yard. There is also a rooftop deck.
[Dirt] — Dennis Lynch