Madonna sells Beverly Hills mansion
The Material Girl's 17,000-square-foot home reportedly has found a buyer at $19.5 million.
After selling a luxury duplex on the Upper West Side of Manhattan for $19 million in May, Madonna recently made another big score, parting ways with her Beverly Hills mansion. TMZ was first to report news of the transaction and Lauren Beale of the Los Angeles Times confirmed that Madonna has indeed sold the prized property.
Madge’s 17,000-square-foot palace was originally shopped privately last year as a pocket listing. It was offered publicly in July, debuting on the MLS with a price tag of $22.5 million — ultimately selling for $3 million less, at $19.5 million.
Details of Madonna’s mansion are scarce — even when the pop icon listed the home publicly, she did so without interior or exterior shots of the home. The realtor.com listing had a lone picture of the property, an aerial view showing the residence, its tennis court and pool.
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The Times notes that the mansion was extensively expanded and updated during Madonna’s reign. The private celebrity compound sits on 1.25 acres, sheltered from the outside world behind a 500-foot tree-lined driveway and other mature foliage.
The home has nine bedrooms and 15 bathrooms, as well as a pair of detached guest houses. Highlights include a two-story dining room, a junior dining room, a chef’s kitchen, a full-size movie theater and screening room, and a pair of private offices, as well as staff rooms and designated assistant offices.
The multimillion-dollar sale comes just months after Madonna parted ways with the 41 Central Park West duplex she purchased with then-husband Sean Penn in 1985. Madge originally listed the six-bedroom, eight-bathroom co-op in Harperley Hall for $23.5 million. However, like her Beverly Hills mansion, the pop princess didn’t get her asking price — she sold it to a hedge fund manager for a reported $19 million.
Kurt Rappaport of Westside Estate Agency and Barry Peele of Sotheby’s International Real Estate were the listing agents.
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Looks as though she has basically given up on the U.S. and is moving to Europe to stay. I can't say as I blame her with the way things are going here now. LOL More and more life is looking better even for the rich in more Socialistic countries where there is more personal freedom and choice and less taxation. Many very wealthy Americans are jumping ship for the same reasons.
Once my last parent passes I am very much considering exiting myself and moving to a little paradise I have discovered on the Equator. I love warm weather year round and with a low cost of living and minimal governmental meddling it is much easier to have a good and very comfortable life style. For me it is even more important because I am retired and on a fixed income and living here where I grew up is becoming almost impossible now. The costs are just too high and the services are dwindling more every day. Sad really.