Gabor Sells Home: $11 Million For Zsa Zsa's 'Argo' Mansion, But She's Not Leaving! [PHOTOS & REPORT]

By Staff Reporter May 23, 2013 10:27 AM EDT
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Zsa Zsa Gabor has sold her home for $11 million to satisfy a court agreement made earlier this year. The 96-year-old former actress and Hollywood fixture has struggled with serious health problems over the last few years, and to make matters worse, she and her husband Frederic Prinz von Anhalt have been struggling financially to the extent that they've been unable to keep up with payments on their home.

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Gabor's home was subject to a court ruling in April, when a judge decided that Gabor would be permitted to live out the next three years in her Bel-Air mansion by means of a delayed home sale. The ruling meant that Gabor and her husband would receive $325,000 over the next three years from the home's buyer. If Gabor should pass away within those three years, the deal will close at that time.

The mansion Gabor sold was built in 1955, contains 28 rooms, and measures in at over 8,000 square feet. It sits on over an acre of gated land with views of downtown Los Angeles, Santa Catalina Island and the ocean. Gabor bought the home in 1973 for $280,000. Previous residents include such greats as Howard Hughes and Elvis Presley, and the home was most recently featured in Ben Affleck's Academy Award winning film Argo.

The $11 million sale was aided by a Los Angeles lawyer who agreed to allow the couple a deferred home sale transaction.

Zsa Zsa Gabor has been confined to a wheelchair since 2002, when an accident left her paralyzed. She suffered strokes in 2005 and 2007, and in 2010 she underwent hip replacement surgery. The surgery resulted in an infection in 2011 that required her to have her left leg amputated. Gabor was hospitalized multiple times throughout 2011.

Despite it all, Gabor seems to have maintained her joie de vive. Last year she hosted a celebration for her birthday with invitations infused with her signature sense of humor.

"Well, it's time to come clean and tell the truth," Gabor's invitations read. "I can't hide it anymore, for the first time I'll be celebrating my real candle count. Over the years I may have overlooked a year or two (or 20), but not this year."

The invitation also promised more birthdays to come. "I love you and I hope to see you, but if you can't make it don't worry. I'm planning on celebrating more birthdays over the coming years." 




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