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Bristol Palin renting out new home and moving to film BIO reality show

By Elizabeth Kwiatkowski, 06/16/2011 

Bristol Palin is putting her new Arizona bachelorette pad up for rent and moving to Los Angeles to film her new reality show.

The eleventh-season Dancing with the Stars participant intends to rent out her home, which she shelled out $172,000 cash to buy last December, in Maricopa, AZ for $1400 a month, E! News reported Wednesday.

"Yes, it is for rent, but I have no further comment," Palin told E! News.

Palin will be filming a new reality show for the BIO Channel which will feature the young mom moving to LA with her son Tripp and living with brothers and Disney Channel stars Kyle Massey -- who also competed on Palin's season of Dancing with the Stars and finished as the runner-up -- and his brother Christopher Massey as she works at a charity.

According to real estate agent Nate Martinez, the two-story five-bedroom house, located 35-miles south of Phoenix, AZ, went on the market this week and includes two-and-a-half baths, a kitchen with an island, a three-car garage, and a spacious backyard, E! News reported.

Martinez said he believes Palin may have purchased the home was as an investment property and she never discussed the possibility of selling it. However, Martinez admitted he had few details to share because he was not directly involved with the initial purchase.

"She was living in it, I don't know how long, I didn't sell it to her," Martinez told E! News. "When I listed the home it was already vacated."

Palin, who finished third on her Dancing with the Stars season, reportedly bought the house with the intentions to attend college in Phoenix. The house -- which the 20-year-old paid for with her earnings from the ABC show and her work as a spokeswoman for a teen abstinence campaign group -- is situated near Arizona State University's broadcasting school.

According to The Arizona Republic, the house, built in 2006, originally sold for $329,560 but went into foreclosure in January. It was subsequently purchased by a couple for $137,200 in May, who fixed it up and then put it back up for sale.

Palin's 10-episode reality series is currently untitled and scheduled to premiere later this year.

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