In Beverly Hills, Nicole Richie and Joel Madden Trade One $10M Home for Another

Published: September 16, 2021 | By: American Luxury Staff

In the early days of summer, Nicole Richie and Joel Madden sold a residence in Beverly Crest to singer Adele. The transaction was conducted quietly off-market — with the closing registering at $10 million — and added a property to Adele’s growing compound in the area.

Richie and Madden, meanwhile, went looking for a new house in the same neighborhood, and by the end of the summer had emerged with the deed to a redesigned, 1987-built, 6,165 sq. ft. home with five bedrooms and six baths. The couple added the home to their portfolio for a $10.15 million investment.

The revision brings a huge amount of dramatically figured Calacatta Corchia marble and wide-plank hardwood to the living style. Recessed built-ins, a fireplace, a sculpted staircase and pocketing glass can be spotted in the shared living spaces; the kitchen’s marble makes it a visually spectacular room—the same figuring flows across the waterfall island, countertops and backsplashes for an unusual degree of cohesion.

The property’s outdoor living area includes a pool and a large patio. The .36 acres of grounds are surrounded by a natural privacy wall.

5576 September 16, 2021 Real Estate September 16, 2021