In a manner akin to a fervent prayer being answered, Madonna has skillfully orchestrated the sale of her lavish Californian estate, reaping substantial rewards.
The reigning sovereign of the pop realm, at the age of 64, showcased her 3-acre mansion nestled within the exclusive confines of Hidden Hills, Los Angeles, in April 2022, with a daring initial price tag of $25.9 million.
However, the initial asking price underwent a reduction, ultimately settling at $23.5 million. Recent reports from TMZ confirm that she has finally secured a buyer for $23 million, with the added twist that the purchaser managed to negotiate an extra half-million dollar reduction from the last listed price.
The transaction has led to a substantial windfall of $3.7 million for the renowned “Material Girl,” as she had acquired the sprawling 12,000-square-foot estate from Canadian R&B sensation The Weeknd for $19.3 million back in April 2021.
The 33-year-old crooner of “Can’t Feel My Face” had procured the nine-bathroom mansion in 2017 for $18.2 million, initially setting his sights on a $25 million price tag for its resale.
Beyond its storied lineage among celebrities, the extravagant residence boasts an array of opulent features, including a saltwater pool, a basketball court, a spa for ten, an indoor-outdoor bar, an automobile gallery with space for five cars, a home theater, and a wine cellar, as previously documented by The Post.
During her tenure on the sprawling premises, Madonna even made additions in the form of a gym and a dance studio. The primary dwelling encompasses a formal dining room complete with a fireplace, and a grand foyer adorned with a towering two-story expanse of windows. All seven bedrooms within the residence are accompanied by their own ensuite bathrooms.
Additionally, a guest house graces the grounds, comprising two bedrooms, two bathrooms, and a fully-equipped kitchen. It’s worth recalling that the “Material Girl” artist had originally acquired the property for $19.3 million. The acquisition of the estate occurred when Madonna purchased it from The Weeknd in 2021.
A secondary two-bedroom guest house further embellishes the property. In the course of her stay at the mansion, Madonna made enhancements by incorporating a dedicated dance studio and a fitness gym. The compound is majestically situated on an expanse spanning 3 acres.
The final listing price for the property was set at $23.5 million. Situated within the guarded boundaries of Hidden Hills in Los Angeles County, the location imparts an air of exclusivity. The amenities on offer encompass a meticulously curated wine cellar, a state-of-the-art home theater, and a resplendent saltwater pool.