Star-Worthy Bachelor Pads: How Charlie Sheen and His Cronies Kick Back

March 11, 2011 — -- With no TV show to tape, Charlie Sheen spends his days livestreaming, tweeting and talking up a storm his Beverly Hills bachelor pad. As it happens, all that noise aside, it's not a bad place to be.

Room to chill? But of course: 7,924 square feet. Security to keep out scorned ex-wives, girlfriends and porn stars? Naturally, there's a gate.

Famous neighbors/potential party pals? Plenty: Paris Hilton, Avril Lavigne and Tom Jones, to name a few. (Sheen and Jones crooning "It's Not Unusual?" There's something worth putting on UStream.)

Shortly before Sheen went off the rails, ABCNews.com toured his neighborhood with Josh Altman of "Million Dollar Listing," Bravo's reality TV series about coveted homes and the people who sell them. Two bachelor pads a stone's throw away from Sheen's $7.2 million Mulholland Drive mansion show that a single guy with money to burn can live very, very well.

Down the Hollywood Hills from Sheen's home sits Sunset Plaza, a gated community like his own. Out of six mansions, one boasts more than the rest: With 6,000 square feet, four bedrooms, five and a half baths, a multiplex-quality theater and a terrace with an infinity pool overlooking all of Los Angeles, Altman called it a dream celebrity hideaway.

"This place is perfect for a bachelor, a Hollywood hotshot," he said. "It's a modern, sexy, movie star-type of home."

As the saying goes, in real estate, it's all about location, location, location. Sunset Plaza's is ideal for people who like to party.

"The young stars love it because it's close to all the clubs, bars and restaurants," he said. "At the same time, there's privacy: No one can just walk up to your door."

The biggest selling point of this home, though, is the master bedroom, whose two glass walls offer views that make waking up a pleasure, even after an all-night rager.

"In my opinion, it's the sexiest master bedroom in the all of the city," Altman said. "I look at $20 million houses, $30 million houses and this is literally a priceless master bedroom."

Rihanna, Lil Wayne and Matthew Perry all considered buying before the real estate investor who currently owns the home settled down last year.

Now, it's on the market for $6.25 million, or a little more than $1,000 per square foot. In this neck of the woods, unlike the majority of America, the recession hardly hit the housing market.

"A lot of people here are very wealthy, they have money and the deals are out there," Altman said. "It's the time when rich people become richer."

That is, by buying more homes. Sheen snapped up a $7.5 million pad near his current place last week. Around the corner, there's a Mulholland Drive mansion he also may want to consider.

Designed by Thomas Schoos, who crafted celebrity hot spots Koi and the TAO chain of restaurants, the three-story structure offers the usual bells and whistles with a modernist edge: 4,200 square feet, four bedrooms, four baths, an elevator, a sunken dining room for entertaining, a TV-framed pool for the after party, and a touchpad system to control it all.

"That's the type of thing that celebrities these days want in a house," Altman said. "No one wants to walk around and turn on the lights anymore. Want to turn on the waterfalls in the pool? Press a button."

Even the master bathroom is teched-out. A TV plays in the mirror; automatic toilet seats go up and down with the wave of a hand. But the home's biggest draw is its address.

"It's five minutes from the center of Beverly Hills and it's five minutes from the valley," Altman said, "so you have access to all the studios."

A perk lost on Sheen since Warner Bros. fired him from "Two a Half Men." Still, at a mere $2.99 million, the three-story sprawl could make a mighty fine third home, a place to keep fist-pumping after the other two mansions are trashed.

"Maybe I should call him up," mused Altman. "I know he's looking for houses for all his girlfriends."