Axelle/Bauer-Griffin/FilmMagic
After moving into a massive, $25.8 million Beverly Park compound, the pop star Justin Bieber and his wife, the model Hailey Baldwin, have officially sold their smaller—but still very spiffy—spot in Beverly Hills, the Los Angeles Times reported.
The listing came on the market about a year after they had picked up the property in 2019, for $8.5 million. An $8 million deal on the home closed last week—so the hit-maker took a hit.
The couple had originally placed the home on the market for $9 million in the fall of 2020. It reportedly sold fully furnished.
Real estate ‘changes’
After settling down and buying the gorgeous traditional, which dates to the 1930s and is known as “The Tropics,” Bieber and Baldwin quickly desired some changes when it came to their real estate choices.
Bieber announced to his Instagram followers his intention to unload the property, and in the fall of 2020, placed it on the market with a $9 million price tag.
“I think I wanna sell my home in Beverly Hills who wants it,” the Grammy winner teased to his followers.
On another post, he added, “I’ll sell it with all the furniture. MAKE AN OFFER.”
While Bieber and Baldwin decamped to a deluxe estate in an exclusive area, the place they left behind is also very upscale. In fact, it’s next door to the compound owned by the billionaire founder of Amazon, Jeff Bezos.
realtor.com
realtor.com
realtor.com
realtor.com
realtor.com
With 6,132 square feet of living space, the residence, which was completely redone, comes with five bedrooms and seven bathrooms.
The stylish layout features white oak floors, custom built-ins, and seamless indoor-outdoor living. Steel-case windows and doors open up to the property grounds.
The interior offers a living room, great room, office, theater, and a wine cellar with a bar. The sleek chef’s kitchen includes white oak cabinets, a marble island, and Wolf and Sub-Zero appliances.
A master suite features vaulted ceilings, a fireplace, bathroom, and custom closet.
Surrounded by tall, lush greenery, the backyard boasts an infinity pool, a water feature, barbecue, and a cabana with a fireplace.
Meanwhile, the furnishings that come with the place are pitch-perfect with the interior design.
Beverly Park pad
realtor.com
The couple didn’t go far, and they scored a deal in the process. They upgraded to a much bigger property on 2.5 acres with almost double the square footage, at 11,000 square feet.
Amenities include a large living room, library, dining room, eat-in kitchen, and adjacent family room. The spread also features a home theater, wine cellar, and gym.
The sprawling grounds sport an infinity pool, sport court, lawns, a koi pond, and barbecue with pizza oven.
On and off the market since 2018, the posh property was once the most expensive new listing on realtor.com®, at $42 million.
Following an initial lack of interest, the place received an interior refresh and the price was dropped to almost half the original ask. The couple appreciated the huge discount when they snapped up the gated property for $25.8 million.
Now that the deal is done on their initial foray in Beverly Hills, the couple can fully move on.
Joshua Altman with Douglas Elliman represented the seller. Steven Schaefer with Newmark Residential repped the buyer.
The post Justin Bieber Takes a Loss, Sells Beverly Hills Home for $8M appeared first on Real Estate News & Insights | realtor.com®.