In addition to being an Oscar-winning actress, Bullock also has a keen eye for real estate. The A-lister purchased the vacation home in 2001 for just under $1.5 million.
But Bullock has already been reaping financial rewards from her investment. She’s been renting the home out for the last two years, at a whopping $1,400 a night, according to a report in Variety in 2017.
Even so, we hope she’s not in a rush to sell. The asking price dwarfs other local homes on the market, with a median listing going for $499,900. With 279 active listings on the market, there are plenty of options to choose from at lower price points.
There’s a lot to like here. Especially, if you, like the movie star, need to hide from the madding crowds. A huge selling point is that the compound on almost 3 acres “provides privacy unlike any other on this barrier island,” the listing states.
The beachfront estate comes with a total of seven bedrooms and 5.5 bathrooms, with a 3,360-square-foot main home. Luxe perks include a gourmet kitchen, screened porches, a home gym, a basketball court, a pool, and access to a private beach. Plus, the bright and white space has a double-height living room, game area, family room, dining room, and a master suite.
The property offers plenty of places to park yourself with a book and look at the beach. The home comes with multiple decks with water views, and a lounge area by the pool.
Visitors also receive the star treatment. The 2,848-square-foot guesthouse features its own game room, outdoor grill, and a crow’s nest for taking in the ocean views.
And yes, even though the price tag is large, the place does come furnished. With the exception of a few personal items, the listing notes, everything you see in the house is yours. So, along with the special space, you’ll also acquire a bit of Bullock’s decor.
And, should you want to leave this beachy paradise, you’re only a 20-minute drive from downtown Historic Savannah.
As we’ve previously reported, the 54-year-old owns a serious portfolio of luxury real estate. Along with property in Austin, TX, she also purchased a “legendary” $16.2 million estate in Beverly Hills. She owns two condos in the celeb-filled Sierra Towers in Los Angeles. Plus, there’s reportedly a New York City townhouse, a Victorian in New Orleans, and a cabin in Jackson Hole, WY.
Why all the real estate? We’re guessing that as a top-earning actress with a $200 million net worth, Bullock is in the enviable position of having some extra cash to set aside for investments. Maybe she’ll take some time to visit them. As she might say, “Hope Floats.”
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