Actor Mark Wahlberg has sold his palatial Los Angeles mansion, located in the Beverly Park enclave, for US$55 million in a cash deal.
Although commanding an impressive price, the sale didn’t quite match the US$79.5 million asking price Wahlberg had originally hoped for, according to The Dirt.
The custom-built, French-style estate boasts more than 2787sq m of living space and features 12 bedrooms.
It also boasts 20 bathrooms, a two-storey library, gourmet kitchen, mirror-walled gym, wine cellar with tasting room, movie theatre, and a master retreat with dual closets and marble bathrooms.
The property was originally listed for $87.5 million but the price was reduced to $79 million before being sold to unnamed foreign buyers.
Property records reveal that the same buyers also purchased the Newport Coast mansion of reality TV stars Terry and Heather Dubrow for US$55 million just four months earlier.
The Beverly Park estate sits on a six-acre compound, including manicured gardens, a tennis court with viewing pavilion, a custom skate park, a detached guesthouse, and a grotto-style pool with waterfalls and sunbathing shelves.
Wahlberg acquired the property in 2009 as vacant land for around $8 million and had the home completed in 2014.
Wahlberg and his wife Rhea Durham are relocating to Las Vegas, where they bought a luxury mansion and two parcels of vacant land for more than US$30 million last year.
It is speculated that the mystery buyers will use the Beverly Park mansion as their main residence and the Newport Coast villa as a vacation home.
This is not the first time that the Beverly Park enclave has attracted high-profile buyers; in 2020, Hong Kong tycoon Hao Tang set a record in the area when he purchased a property for $70 million, and just a few weeks before that, singer Adele bought Sylvester Stallone’s Beverly Park mansion for $58 million.