[Update April 10, 2012]: According to TMZ, Justin Bieber has in fact purchased the former Nicole Murphy home in Calabasas for $6 million. It appears that at the time of this writing, the home is under escrow as TMZ states that Bieber will get the keys by the end of June. The previous owners purchased this home from Nicole Murphy for $5,515,000 on April 28, 2011. Based on Justin Bieber's purchase price, the previous owners will be earning a $485,000 profit before taxes, commissions, fees, etc. Not bad for one year.
|Images courtesy Hurwitz James Company|
TMZ is reporting that the offer has not been accepted as the seller wanted $7 million and Bieber was only offering $1.5 million less. Sounds like this might fall through. I wont waste your time on this until it becomes official. You can view the property here.