Billionaire Russell Weiner Takes $29.5M for Madonna’s Onetime Beverly Hills Compound

Published: September 7, 2021 | By: American Luxury Staff

The well-known Beverly Hills estate that once served as home to pop icon Madonna and was most recently owned by energy drink billionaire Russell Weiner returns to the real estate news.

Madonna owned the home for around ten years. In 2013 she passed it on to a new owner for $19.5 million.

Weiner picked up the 1.14-acre, nine-bedroom estate in 2015, apparently as an investment; he paid $19 million for it, and returned it to the market in early 2017 with a $45 million asking price. From there, the home’s listing price wavered a bit. In the summer of 2017, Weiner put it back up for sale at $49 million. A little less than a year later, it was back with a price cut that left the ask at $35 million. The property recently changed hands for $29.5 million.

The distinguished estate dates to 1912, and it is grounded by a mansion in the French style. A pair of freestanding guest houses brings the accommodations count to nine bedrooms and eleven baths, across 12,108 sq. ft. of interior living area.

The mansion’s interiors have been heavily renovated and reinterpreted over the years. A few original details remain. A look at the main kitchen (there are two) reveals that original icebox doors now hide the fridge and freezer, while the ceiling’s exposed timber has been painted a soft gray.  Among newer additions is the lengthy marble-capped waterfall island, and the subtle herringbone of the tile backsplash.

Other gems include the indoor/outdoor living and dining areas. Newer amenities include a screening room with tiered seating, while the property exterior is a relaxed layout of lawns, plantings, guest cottages, tennis court, and pool amid natural privacy walls.

Weiner’s net worth is around $4 billion, according to Forbes.

6140 September 7, 2021 Real Estate September 7, 2021