The Real Deal - New York Real Estate News

Filmmaker and martial artist Steven Seagal has sold his high-security compound in Scottsdale, Arizona, for $3.55 million. The 12-acre hillside property features a 9,000-square-foot home with bulletproof, floor-to-ceiling windows offering expansive views, according to the Los Angeles Times. On top of that, it’s part of the Carefree Ranch Homesteads guard-gated community. The property sold for $150,000 above Seagal’s asking price and about a half a million dollars more than he paid for it in 2010.

When a homebuyer’s mortgage debt exceeds his equity, he is said to be underwater. But one property listed in Canada starts out that way, literally. On Brock Street in the small Ontario hamlet of Shrewsbury, 19 acres of submerged property are on the market asking $99,000, according to Reuters. “This property is presently under water but could have endless possibilities in the future,” the listing reads. “Be creative.” It doesn’t have an address, but appears