Kanye West Buys $35M Beverly Hills Mansion After Letting Malibu Property Fall Into Disrepair and Selling at a Loss

Kanye West recently scooped up a $35 million Mediterranean-style mega-mansion in the exclusive Beverly Park gated community of Beverly Hills, California. This is a major purchase, especially after the hip-hop artist left his architecturally significant Malibu property in ruins from an unfinished remodeling project and sold it in October for $21 million — substantially less than the $57.25 million he paid in 2021.

The new owner of the Malibun home called West’s renovation attemps “dumb.” “That was a really dumb move,” Bo Belmont told the Los Angeles Times, specifically referring to West’s decision to remove the floor’s glazed finish. “There was really no purpose.”

Kanye
LONDON, ENGLAND – SEPTEMBER 26: Kanye West leaving the Burberry S/S 2022 Catwalk Show during London Fashion Week September 2022 on September 26, 2022 in London, England. (Photo by Neil Mockford/GC Images)

Inside Kanye’s New House

His new home spans 20,000 square feet and is situated on seven acres of land. The property exudes luxury and features amenities fit for royalty.

The sprawling estate boasts 11 bedrooms and 18 bathrooms. The mansion also includes private gardens, panoramic city views, and a separate entertainment pavilion connected to the main house. From photos published in The Daily Mail, the kitchen seems to have ultra-modern sleek appliances.

A centerpiece of the property is its resort-style backyard, featuring cascading waterfalls, a pool house, and two pools: a large resort-style swimming pool and a separate lap pool. Adjacent to the pools, there’s a gazebo and a tennis court that doubles as a basketball court.

A High-Profile Neighborhood

West, 47, and his wife, Bianca Censori, 29, will live in a gated Beverly Park community that is home to a host of celebrities, including Adele, Denzel Washington, Sofia Vergara, and Justin Bieber.

Interestingly, Kanye, whose net worth is now estimated at $400 million, per Forbes, and Bianca reportedly purchased the estate through their firm, Shore Drive Holdings LLC, and the property is intended for investment purposes. According to reports, the couple financed part of the purchase with $15.5 million in loans, including $2.7 million from a fitness entrepreneur.

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