After almost three years on and off both the sales and rental markets, former fashion model, actor and TV spokesperson Rachel Hunter has at long last sold her longtime Los Angeles, Calif., home. The $3.45 million sale price is a small but enviable fortune above the $2.425 million she ponied up for the property in the spring of 2004 — years after she split with ex-husband Rod Stewart but some time before their divorce was finalized — but it’s a far cry from the just shy of $5 million the property was listed at when it initially popped up on the open market in July of 2016. By the fall of 2019, the asking price had dropped to just under $3.5 million and the casually appointed property had also occasionally been made available as a furnished rental at prices as high as $20,000 and as low as $15,000 per month.

Rachel Hunter

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