Real Estate

Can Drake Get $22.2M for His YOLO Estate and Hidden Hills Compound?

The rapper Drake has determined it’s time to let go of his “YOLO Property.” He’s slid his large Hidden Hills, CA, mansion onto the market, asking $14.8 million.

There’s additionally an choice to buy two adjoining properties for a complete of 6.7 acres. The worth tag for all the unfold is $22.2 million—ought to a purchaser require the extra acreage.

The Licensed Lover Boy is reportedly transferring right into a swanky property bought from a fellow musician, Robbie Williams.

Williams offered his Beverly Hills property to the rapper for someplace north of $70 million. That property is claimed to embody a 20,000-square-foot mansion on an astounding 20 acres, with a tennis courtroom and pool. 

Along with his SoCal holdings, Drake additionally owns a palatial, custom-built unfold in Toronto.

However don’t fear about his checking account. Forbes estimated Drake’s web price to be $150 million again in 2019, and his 2020 earnings at $49 million.

Excessive-end in Hidden Hills

We had been curious if his large Hidden Hills unfold was priced proper and requested some space consultants to weigh in. However first, let’s take a peek at what he’s holding.

Drizzy made his first actual property play within the coveted celeb-heavy neighborhood in 2012. He bought a celebration pad—full with an insane pool and grotto—for $7.7 million.

Earlier homeowners had given the property a full makeover and added a “multimillion-dollar pool,” with cascading waterfalls and 80-foot slide. Measuring 7,500 sq. toes, the mansion options seven bedrooms and 9 loos on nearly 3 acres.

Champagne Papi dubbed it the “YOLO Property,” that means “You Solely Dwell As soon as,” and the place is laden with high-end facilities. Highlights embrace a 24-seat theater, recreation room, spa and therapeutic massage room, sizzling tub with a flat-screen TV, and wine cellar.

For extra adventurous friends, the property additionally contains horse services with a driving space, a sand volleyball courtroom, a mechanical bull, and tennis courts.

Drake’s “YOLO” Property in Hidden Hills, CA

(Realtor.com)

Lounge

(Realtor.com)

Eating room

(Realtor.com)

Movie show

(Realtor.com)

Pool and grotto

(Realtor.com)

Making a compound

Three years later, Drake snagged the house subsequent door for $2.85 million. It’s a 4,445-square-foot ranch home on a neighboring 1.6-acre lot.

The four-bedroom dwelling had been renovated and options excessive ceilings, a number of fireplaces, and a gourmand kitchen. The out of doors house contains an oval pool, poolhouse, and guesthouse, together with fenced pastures. It’s now in the marketplace for $4.5 million.

Drake’s adjoining property

(Realtor.com)

In 2018, Drake proceeded to choose up the adjoining, 2,500-square-foot dwelling on 2 acres. He paid $4.5 million for it in an off-market deal.

That place is now obtainable for $2.9 million. The three-bedroom dwelling is claimed to supply “rustic appeal.” Inside, you’ll see vaulted and uncovered beam ceilings, in addition to an enormous vintage brick fire in the lounge with a built-in cushioned bench.

Drake’s third Hidden Hills dwelling

(Realtor.com)

Hidden Hills isn’t a spot for cut price hunters, with its present median listing value of $7.3 million. There are at the moment 17 lively houses on the market, three of which belong to the rapper.

Dud or slam dunk?

Drake is aware of his manner round actual property. The ultra-exclusive, gated neighborhood has been full of celebrities who prize their privateness, together with Madonna, Miley Cyrus, and a number of members of the Kardashian-Jenner clan.

For a purchaser who actually values privateness and doesn’t need any neighbors, it’s laborious to copy this providing.

“It’s a spectacular compound, comprised of three contiguous heaps on the finish of a cul-de-sac,” says Aimee Stern with The Company.

She thinks the entire enchilada is price far more than the sum of its components.

“The primary home is listed for $14.8 million, however the actual prize is all three properties collectively, unfold throughout 6.7 acres, for $22.2 million. This property will garner large curiosity and sure could have no bother promoting at, or over, listing value.”

Stand-out property

“Drake’s dwelling shouldn’t be cookie-cutter and has a singular sense of favor and enchantment,” says Cara Ameer, a bicoastal agent with Coldwell Banker licensed in California and Florida. “A purchaser on this value vary needs to purchase one thing that feels distinctive and particular and isn’t a model of one thing each different neighbor has.”

She agrees that rapper’s compound is a candy deal.

“It’s really actually well-priced, for all that it provides for the sq. footage, lot dimension and all of its facilities,” she says.

In keeping with Ameer, the vital work of assemblage is already accomplished.

“Anybody can change the finishes of a property to their style,” she says, “however you might be shopping for a compound with the facilities [and] infrastructure already established.”

Branden Williams and Rayni Williams of The Beverly Hills Estates maintain the listings.

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