Billionaire businesswoman Kim Kardashian is back in the real estate news this summer with a compound story set in the equestrian enthusiasts’ community of Hidden Hills. She recently handed off one home in the high-dollar manufactured desert Elysium to a new owner, and listed another there besides.
In the media personality’s outbox is the four-bedroom beast purchased about a year ago. Then, as now, it sports a façade that strikes a balance between pretentious suburban outpost and provincial congregational church. The house appeared on the market this summer tagged at $6.999 million. Despite its depressing lack of character inside and out, Kardashian paid $6.3 million — nearly a million over ask — for the 1975-built teardown-to-be in June of 2022.
With its acre of land, it might’ve been a buffer purchase to extend the estate potential of the second property, which Kardashian purchased for $3 million in 2019 and sold last month for $3.5 million…but the two homes have three properties between them. Was the over-ask payout the beginning of an ambitious connect-the-lots project? Seems unlikely, but stranger things have happened in that corner of SoCal.
Whatever the story may be, the 1957-built house offers a more convincing argument for Hidden Hills delirium than its nearby neighbor — at least from the back, where a pool and spa are the centerpiece of a large patio and outdoor living area protected by the L-shape of the home. The property is designed into a hillock, and places the equestrian outbuilding, de rigueur for this neck of the woods, below the main home.
Kardashian’s net worth is around $1.7 billion, per Forbes.
