Eat Your Heart Out Celebrity Real Estate: Manning, Carey/Cannon, Ne-Yo

Welcome to the newest installation of Eat Your Heart Out Celebrity Real Estate! Three celebrities in particular went on extravagant real estate spending sprees in recent weeks that garnered healthy commissions for real estate professionals in Colorado, New York and Georgia.

• Peyton Manning is purchasing a mansion in a neighborhood of Mile High City in Colorado.
• Mariah Carey and husband Nick Cannon are shelling out $150,000 a month for a Hamptons summer rental!
• Ne-Yo is buying his mother a lovely new home in Georgia.

Peyton Manning’s new salary as a Denver Bronco goes a long way toward his purchase of a new home

Peyton Manning turned heads with his new, massive mansion in the outskirts of the Mile High City. With more than 16,000 square feet of living space, seven bedrooms and nine bathrooms, it is certain that the new addition to the Broncos has certainly scored. The final price tag for the transaction came in at just over $4.5 million — a mere fraction of his five year contract that’s worth more than $95 million.

The Carey-Cannon clan dish out $150k a month for a private Hamptons getaway

No, you didn’t read that figure wrong. Mariah Carey and Nick Cannon are paying $150,000 each and every month to rent a luxurious six bedroom, six and a half bathroom home in The Hamptons, Long Island’s most opulent summer destination. Carey and Cannon have never been known for frugality in their real estate, a situation every real estate attorney undoubtedly wishes they could complain about. Identifying the top amenity in a home that boasts a 60 by 30 foot infinity pool, private gardens, a personal creek and a movie theater is no easy feat.

Ne-Yo buys mother an incredible Milton, GA mansion

In the midst of a recession, thinking outside of the typical big-city, celebrity-saturated destinations can translate into significant savings for the rich and famous. Ne-Yo just closed on a massive six bedroom, five bathroom house that only cost a cool $550k and overlooks a pristine golf course. The R&B star certainly loves his mother. With 5,900 square feet of living space, it’s a great way to say “Thanks, Mom!”

While the rest of the world might be saving and scrimping, celebrities are living it up as ever before. Fortunately, this translates into money making its way back into the local economies…and money in gossip magazine sales as inquiring minds look for juicy pictures of celeb properties.

Check back soon for more coverage on celebrity real estate dealings!