Wednesday, February 29, 2012

Celebrity Real Estate: Purchase Britney Spears' Former Leased Home in Hidden Hills

[Update August 21, 2013]: This home sold for $7,350,000 on June 25, 2013. 

[Original Post]:














Images courtesy Partners Trust Brentwood
Hot off the presses from the always informative Lauren Beale at Los Angeles Times Hot Property comes word of Britney Spears' former leased home in Hidden Hills available for $9,995,000 on February 22, 2012.

Britney Spears is a recording artist and entainer who has sold over 100 million albums worldwide and is the eighth top selling female artist in the United States at 33 million certified album. And she is only 30 years old! You can read more at the wiki page which scrolls forever covering her entire career without missing a beat.

According to the listing, this 10 Bed/13 Bath, 19,107sqft home on 3.39acres built in 1987 states:
Last opportunity to acquire a one of a kind Hidden Hills Estate at an unbelievable price!! This timeless Tudor style home is situated on over 3 usable acres with 19,000 square feet and every amenity imaginable. With 7 bedrooms and 8 baths, the main house flows seamlessly from one room to the next opening to a sparkling pool and grotto with surrounding rose gardens. The property includes a guest house and 2 staff apartments, tucked away from the main house for the ultimate in privacy. To complete the experience, an unbelievable ballroom, poker room, bar, arcade and fully equipped gym overlook your own private lake and sunken tennis court, making this estate the only one of its kind in Hidden Hills. Offered at $9,995,000 to pre-qualified buyers only.
Britney Spears leased this property for $25,000/month sometime in the beginning of 2011 which the Realestalker discussed. Britney Spears has a history of moving around the LA area which is well documented by the Realestalker. She recently moved into Thousand Oaks mansion after the lease of the Hidden Hills home at the end of 2011. She reportedly purchased a Hermosa Beach home that has not been verified in 2008. It appears she still owns a Beverly Hills home in the Summit which was purchased in 2007 which was the site of those crazy days when she was rushed to the hospital and almost lost her kids. She has tried to sell this home but appears to have had no luck in 2007, 2008, 2009, and 2010. In 2009 through 2010, she lived in Calabasas. And prior to all of this, she lived in Malibu in the Serra Retreat which was sold for $10 million in 2007 reported by Mister Big Time at Bergproperties Blog. Lastly who can forget that Britney Spears shaved her head in 2007 in Tarzana of all places.

This Hidden Hills home is owned by Ron Tutor who is chairman of Sylmar-based construction giant Tutor Perini Corportion. Ron Tutor led an investment group including Colony Capital in the purchase of Miramax Films from Walt Disney Co. for $660 million in July 2010.

I am just wondering why Britney Spears didnt purchase this home? Its huge, located in Hidden Hills, and she was already settled there.

You can find more San Fernando Valley Celebrity Real Estate here.

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