Kim Basinger made her mark on Hollywood by starring in films like L.A. Confidential, Batman, and Never Say Never Again. But after playing virtually every female archetype in showbiz, some worse than others, and earning a Golden Globe and an Oscar (for L.A. Confidential) Basinger got picky. We all know what happens to an actor's career when they become picky about which roles they take--they tend to fall off the face of the Earth. Her last role was in the Fifty Shades trilogy, finishing in 2018, but she hasn't acted since.

So, it's safe to say that Basinger's net worth is not as impressive as her ex-husband, Alec Baldwin's. Especially since Basinger hasn't been the smartest with her millions. She's essentially a lot of her net worth because she made the decision to invest an entire town.

Kim Basinger Bought A Whole Town

In the early 1990s, Basinger made a huge investment mistake. According to Celebrity Net Worth, some of her family members convinced her to buy "most of the privately owned land (1,691 acres) in the town of Braselton, Georgia." Basinger partnered with a pension fund called AmeriTech and they bought the town with the intention to use the land to create a sort of East-coast Hollywood. The town was to become a tourist attraction that had its own film festival and several movie studios.

Although some sources claim that Basinger spent $20 million on the town, she really only invested $600,000 of her own money. Even though that's not really too much money for an actress who is worth $20 million, the investment spurred on Basinger's financial difficulties and, eventually, in 1995, she had to start selling parts of the land to stay afloat.

Main Line Pictures sued Basinger for $8.1 million after she reportedly broke her verbal agreement to star in the film Boxing Helena. The studio was later awarded $8.9 million, which put Basinger into bankruptcy. The Baltimore Sun wrote at the time that the bankruptcy court was "seemingly unsympathetic" to Basinger, so she converted her bankruptcy to a Chapter 7 liquidation.

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"That meant most of her assets -- including her interest in Braselton -- would have to be sold," they wrote. "Under Chapter 7, Ms. Basinger might get to keep $75,000 or so of her jewelry, furniture and clothing, a $300,000-plus IRA and $50,000 of home equity but perhaps little else. No future earnings, however, would be thrown into the pot under Chapter 7."

However, she was later able to appeal the case, and settled with the studio for $3.8 million.

So, after the Main Line drama, Basinger lost a town, millions of dollars, and her reputation as a reliable actress. But what other real estate investments have Basinger made over the years, besides the big doozy that was Braselton?

Kim Basinger Hasn't Spent Vast Amounts Of Money On Real Estate

Despite investing in a whole town, Basinger really hasn't spent vast amounts of money on real estate. She hasn't even paid more than a million dollars for any of her homes. She owns an impressive home in the L.A. suburb of Woodland Hills, which she purchased in the late 1970s for $150,000.

Other than that, she purchased another home, in the same area, in 2001 for $540,000. The house was modest and Basinger put it on the market in 2017 for just under $1 million.

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According to Architectural Digest, the home is a single-story, cottage-style home that sits at the end of a cul-de-sac. It has a metal roof with wood siding, finished with a weathered paint. There's a wooden front porch, and inside there's dark-stained wood flooring and wood-framed windows in the two-bedroom, two-and-a-half-bathroom home. The living room has tall ceilings with skylights, and the family room has hidden storage. In the backyard, there's a screened-in porch that offers views to a modest stream that flows into a small pond.

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Basinger also apparently owned another home in Malibu that was destroyed in a fire that also claimed the homes of a couple of other celebrities in the area. Basinger's daughter, Ireland took to Twitter to talk about the tragedy.

"So many friends and friends and family of friends are losing everything they own in these fires," Ireland wrote. "My mom and her partner lost their Malibu home in #Woolseyfire and thankfully, they are both safe."

But other than that, Basinger doesn't seem to spend massive amounts of money on real estate. She's never owned the typical celebrity mansion, opting for more humble abodes. But how could she really afford to anyway? She only has a $20 million net worth and she barely works in Hollywood.

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