Mark Wahlberg is selling his Beverly Hills home for $24.95 million. The 8,000-square-foot estate includes six bedrooms, seven bathrooms, a movie theater, and a pool. Wahlberg purchased the property in 2001 for $4.2 million.
The actor is no stranger to real estate flipping; he’s sold several of his properties over the years including a West Hollywood condo and a Boston penthouse. He also famously bought Justin Bieber’s Beverly Hills mansion in 2014 for $17.55 million and sold it two years later for $22.5 million, earning himself a tidy profit.
Why is Mark Wahlberg selling his house now?
It could be that he’s simply ready for a change or wants to downsize now that his children are grown. Or it could be that he’s cashing in on the current hot housing market in Los Angeles where luxury homes are fetching record prices. Whatever the reason, there’s no doubt that Wahlberg will find another beautiful property to call home – after all, he’s got the money to afford it.
Mark Wahlberg is selling his house for a very specific reason – to move closer to his daughter’s school. The actor and father of four recently put his Los Angeles estate on the market for $7.65 million. The 9,000-square-foot property includes six bedrooms, seven bathrooms, a home theater, wine cellar, and pool.
Wahlberg purchased the home in 2001 for $4 million, so he stands to make a tidy profit if the sale goes through at his asking price. But it’s not just about the money for Wahlberg – it’s about being closer to family. Wahlberg’s daughter Ella is starting high school next year, and he wants to be closer to her and her school.
So he’s selling his sprawling LA estate and moving to a smaller place in Beverly Hills that will better suit his needs as a single dad. It’s a smart move by Wahlberg, and one that shows how much he values family over material possessions. We’re sure Ella is excited to have her dad living closer by when she starts high school.
How Many Bedrooms Does Mark Wahlberg’s House Have?
Mark Wahlberg’s house has four bedrooms. The master bedroom has a king-size bed, and the other three bedrooms have queen-size beds. There are also two guest rooms, which have twin-size beds.
Where is Mark Wahlberg’S House in Beverly Hills?
Mark Wahlberg’s house in Beverly Hills is located at 1669 Tower Grove Drive. The house was originally built in 1925, and it has 7 bedrooms and 8 bathrooms. Mark Wahlberg bought the house in 2001 for $4 million.
Mark Wahlberg is selling his Beverly Hills estate for $29.5 million. The actor and producer purchased the home in 2001 for $20 million. The property includes a main house, guest house, pool, and cabana.
Wahlberg is currently filming the Transformers spin-off Bumblebee in Los Angeles. He also has several other projects in the works, including an untitled action-comedy with Will Ferrell and an adaptation of the graphic novel “The Six Billion Dollar Man”. With several upcoming projects keeping him busy in Los Angeles, it makes sense that Wahlberg would want to sell his Beverly Hills estate.
The actor has already increased the value of the property by nearly 50% since he purchased it 17 years ago.
You May Also Like: