CelebEstateThe Rubin Team Report

CelebEstate: Madonna Flips The Weeknd’s Former Mansion for $23M

By June 29, 2023 No Comments

This week’s CelebEstate brings more awe-inspiring deals!

Her lucky star came through.

Like a prayer, Madonna has successfully flipped her California compound for a very pretty penny.

The queen of pop, 64, listed her 3-acre mansion in Los Angeles’ gated Hidden Hills community in April 2022 for an ambitious $25.9 million.

The initial asking price was knocked down to $23.5 million, and she has now found a taker for $23 million, according to TMZ, which reported that the songwriter sold the property to a buyer who got her to take an extra half-million dollars off the last ask.

That’s a $3.7 million profit for the “Material Girl,” as she paid Canadian R&B star The Weeknd $19.3 million for the 12,000-square-foot estate in April 2021.

The 33-year-old “Can’t Feel My Face” singer, in turn, paid $18.2 million for the nine-bathroom home in 2017, and he initially tried getting $25 million for it.

In addition to its celebrity history, the opulent abode also boasts a saltwater pool, basketball court, 10-person spa, indoor-outdoor bar, five-car auto gallery, home theater and wine cellar, The Post previously reported.

In her brief time at the sprawling address, Madonna added a gym and dance studio as well.

The main house has a fireplace-equipped formal dining room and a foyer with a two-story wall of windows, and all seven of its bedrooms have ensuite baths.

There’s also a guest house with two bedrooms, two bathrooms and a full kitchen.

Read full original article at NY Post

You go, Material Girl!!!

Rubin Team

Author Rubin Team

Josh Rubin, attributes his success to his exceptionally strong work ethic and quick response time with sellers and buyers alike. Josh's strategy of treating every deal as if it were the GM building has paid off handsomely with some of his largest referrals originating with his smallest transactions. His relationships begin with intent listening to someone's needs, then progresses with Josh as the bottom-line educator throughout the transaction process. Leaving no stone unturned, and no question unanswered, he focuses thoroughly on his client's individual objectives, and continually strives to provide accurate information, sound advice, and well-targeted results. Originally from Philadelphia, after attending the Tyler School of Art there, Josh came to New York with energy and enthusiasm, which he maintains today. Finding great joy in enabling people to reach their goals, Josh was able to find real estate as a career at a fairly young age. With over a decade of experience in residential sales, he has developed a keen marketing savvy and a long track record of negotiating successful terms for his clients. Consistently a top producing agent, Josh was recently named among the top 1% of all real estate brokers nationwide. Recent clients had this to say about Josh: "We were both so surprised at how easy Josh made the process. " "Over the years I have worked with different brokers as I bought and sold properties. I can honestly say I was never as impressed with any broker as Josh. " "My husband and I enjoyed working with Josh, particularly his market knowledge and commitment and his lightening-fast responsiveness. " Assertive yet patient, perseverant yet sure of when to step back, Josh works long and hard to attain people's trust, and then reward their confidence with the best possible outcome. The father of Leigha, Max and Sarah, Josh enjoys music, dancing, art, skiing and travel. Contact Josh with all your real estate needs

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