Wednesday, January 9, 2013

Madonna Lists Beverly Hills Home for $22.5 Million | Zillow Blog

Source: Madonna.com

After 10 years of ownership, Madonna has officially?put her enormous Beverly Hills?estate?on the market for $22.5 million.

The Material Girl has been wanting to get rid of the property since early 2012; she first listed the French country-style estate as a pocket listing for $28 million. While pocket listings can sometimes garner the kind of buzz a high-end property needs to sell, it apparently wasn?t the right sales tactic for Madge?s place. And even though the home is officially listed, Madonna is still keeping the place under wraps, releasing only an aerial photo to the MLS.

Madonna bought the home for $12 million in 2003 when she was married to Guy Richie, and like many of her properties, the residence received a complete overhaul from the singer-songwriter-actress. Built in 1912, the home sits on 1.25 gated, landscaped acres. Spanning 17,000 square feet, the house has 9 bedrooms, 2 living rooms, a 2-story dining room, full-size home theater, gym, outdoor pool and tennis court. The home also has several sets of offices ??including assistants? offices ??staff rooms and guesthouses.

Madonna doesn?t own any other homes in L.A., and it appears that she is set on the East Coast. She recently listed her Upper West Side duplex for $23.5 million, choosing to spend her time in a $32 million Georgian townhouse she purchased in 2009. Madonna also owns an estate in Bridgehampton, NY.

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Source: http://www.zillow.com/blog/2013-01-09/madonna-lists-beverly-hills-home-for-22-5-million/

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