CelebEstate: Madonna Flips The Weeknd’s Former Mansion for $23M
Posted on June 29, 2023This 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!!!
