Bing Crosbys home sells for 4M after a decade on the market
Here's something to croon about. After more than 10 years on and off the market, Bing Crosby's midcentury-modern estate he built in the 1950s has finally sold for $4.15 million. Orange County businessman Bob Teller and his wife Rita had initially purchased the Rancho Mirage home back in 2005 for $2.62 million. They first listed the property five years later, in 2010, for $3.5 million. But over a decade later, gliding on and off the market, Wayne Butler & Garret Gray, the tech entrepreneur who recently sold his company Next Gear to Core Logic are the buyers. Situated on roughly 1.5 acres in the gated community of Thunderbird Heights, the 6,700 square-foot home features six bedrooms and six bathrooms. Amenities include an outdoor kitchen and patio which boast Coachella Valley views, a pool and spa, putting green and an entire guest wing with two bedrooms and two bathrooms, the listing states. The home boasts p...