Heavyweight bassist Flea invested $13.95 million in the Beverly Crest neighborhood recently. The compound features seven bedrooms and seven baths across 7,334 sq. ft. of interior living space. The musician and occasional actor closed on the property in the days before Thanksgiving. It initially listed in June of this year, when it was priced at $16.9 million.

The remarkable little estate spans 2.38 acres, a tidy sum that allows for a lengthy drive and dedicated areas for the main residence, art studio and treehouse cottages; the property’s tropical landscaping provides buffers between them. Listing information puts the build date at 2000.

The main house is a warm modern with an attached garage clad in varnished hardwood. It contains five bedrooms; its shared spaces culminate in a soaring great room with pocketing glass walls, corrugated steel ceiling panels and a towering bank of built-in bookshelves. Specialized spaces including a screening room, wine cellar, and a full-floor master with a gym, sauna, steam shower and a pair of decks.

The outdoor living area is a fully realized recreation and entertainment area, with a kitchen, bathrooms, a fireplace, a fire pit and a 1940s-vintage pool.

Bandmate Anthony Kiedis also made a change to his real estate portfolio recently, seeing off a Hawaii retreat for $8.3 million.

The Red Hot Chili Peppers take their time between albums, and that may be one of the secrets to their unabating success and continued relevance. Every album they’ve released since 1991 has reached the Top 5 of the Billboard 200 chart. A new album is said to be in the works, and it’s expected to be released before the band’s next world tour, which kicks off in the summer of 2022.