Music stars Madonna and The Weeknd collaborated on a multimillion-dollar real estate deal in Hidden Hills.
Madonna forked over $19.3 million for The Weeknd’s 12,500-square-foot estate that’s been on the market since last June, according to the New York Post. The deal for the 3-acre spread closed April 9.
The Weeknd, real name Abel Tesfaye, first listed the property for $25 million and dropped the price to around $22 million in December. He paid $18.2 million for it in 2017, the same year the Long Valley Road home was built.
It is a mix of traditional and modernist styles and includes a wine room, home theater, gym, full-size basketball court in the backyard, a large pool house, and a five-car “gallery” garage.
The Weeknd also owns an 8.200-square-foot penthouse at Emaar Properties’ the Beverly West condo outside the Los Angeles Country Club. He paid $21 million for the unit in 2019. It encompasses the entire 18th floor of the 22-story building.
Madonna has owned property around the L.A. area over the years, including a mansion in Beverly Hills that was later sold to billionaire Rockstar Energy Drink founder Russ Weiner, himself a prolific buyer and seller of luxury real estate.
Madonna has also owned property in London, Portugal and New York. She had a highly public spat with the co-op board at her Manhattan building a few years ago.
[NYP] — Dennis Lynch
The post Madonna heads for the Hills; she’ll stay more than The Weeknd appeared first on The Real Deal Los Angeles.
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