You can now purchase Drake’s LA home – if you’ve got $88 million lying around
Drake recently purchased the home for £75 million, but now it’s back on the market only a year later.
Drake spent longer looking for an LA home than living in it. A year after dropping $75 million on a mega-mansion in Beverly Crest, the rapper has put it back on the market with an even bigger price tag: $88 million.
It’s a surprising move for the star, who spent over a year scouring the Southern California market in search of the perfect estate. He eventually settled on the home of singer-songwriter Robbie Williams, and the $75 million he spent was more than double the $32.67 million that Williams paid for it in 2015.
If Drake gets his price, it’ll be Southern California’s most expensive home sale so far this year. It’s good to note that Drake never actually renovated the property either, so the extra $13 million was added, well, because it was once owned by arguably this generation’s biggest artist, of course.
Because the compound is found in Beverly Crest — an affluent enclave above Beverly Hills, but technically in the city of LA — it’ll be subject to a transfer tax when it sells. At $88 million, the sale would raise $4.84 million for affordable housing and homelessness prevention efforts.
The impressive estate is also the priciest property up for grabs in the 90210 ZIP code due to its rare combination of size and scale. The house itself spans more than 24,000 square feet, and the property covers roughly 20 acres — more than double the acreage of any other house on the market in the area.
So, if you’re an incredibly affluent Drake stan with $88 million to burn, what better piece of merchandise can you purchase than the star’s actual home itself?