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Adele purchases Sylvester Stallone's mansion for $58M


Teletubby

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Teletubby

Adele is reportedly 'paying $58million' for Sylvester Stallone's Beverly Hills mega mansion which sat on the market for the better part of the year.

She is adding more real estate to her Los Angeles portfolio and is 'in escrow for Sly's massive home, tucked away inside Beverly Park -a super-exclusive, gated community riddled with celebs.

Sylvester had been working hard to sell the mega mansion that he purchased in the '90s, and initially listed the beautiful home for $110million, but there were no takers. The property is extra big with a total of eight bedrooms on a whopping 3.5 acres.

In 2016 Adele bought her first home in Beverly Hills for $9.5 million. Three years later, in 2019, she purchased a second home for $10.65 million In May 2021,  the singer paid $10 million for Nicole Richie's House.

Back in October Adele said she's living in L.A. because real estate in London is too expensive.

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"You b*tch!" ~ Rat Boy
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1 minute ago, Teletubby said:

Back in October Adele said she's living in L.A. because real estate in London is too expensive.

 

adding this to an article about her buying a house for $58 MILLION :ladyhaha:

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Roseblud Kisses

Everyone is leaving NY and LA gurl why are you doing the reverse? :partysick:

Skinni Pussi ConfirmedT
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Bolkins

Tbf the issue with London houses is that are very few of them on the market, and the ones that are massively overpriced. There are houses for sale in Highgate for $58million+ that don’t come close to the sorts of houses you get in LA for that price range. 

Not the bore worms!
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TEANUS

So THATS why she’s already writing music for the next one :ladyhaha:

British social ladies with upturned pinkies, glasses clinking // xoxoTEANUS
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LilMonst3r

With all the money that celebs pay to buy the California homes that prob wont last long they could build homes in other undeveloped areas that will be suitable to live on in the future. For far less they could build communities in new areas and make that money back selling the acres of land that they developed for real estate. 

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