Madonna flips The Weeknd's former LA estate
Music icon Madonna has successfully flipped this Los Angeles-area mansion for a huge profit.
The ‘Material Girl’ singer has listed her 3-acre Hidden Hills home for $25.9 million (A$36 million) just one year after buying it from R&B star The Weeknd.
That’s $6.7 million (A$9.3m) more than the $19.3 million (A$26.8m) the 63-year-old pop queen paid for the approximately 12,000-square-foot estate, which she bought from the singer in April 2021.
This time around, however, the house may actually sell at the steep asking price, thanks to the addition of a new gym and dance studio in the property’s barn.
The home features a saltwater pool, a basketball court, a 10-person spa, an indoor-outdoor bar, a formal dining room with a fireplace, a wine cellar, a five-car auto gallery, a home theatre and a two-bedroom, two-bathroom guesthouse with a full kitchen.
It also has plenty of room for guests, boasting nine bedrooms and eleven bathrooms throughout the main house and separate guesthouse. All seven of the main residence’s bedrooms have ensuite baths.
The interesting compound is also very well hidden, accessed via an “olive-tree lined drive & storybook bridge”.
The grounds are located on a “sun-drenched hillside” brimming with redwood trees in the gated Hidden Hills community, which is known for its many current and former famous residents.
Images: Domain