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Adele purchasing Sylvester Stallone’s Beverly Hills home for $58M after property listed for $110M

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.

The 33-year-old vocal powerhouse is adding more real estate to her Los Angeles portfolio and is ‘in escrow for Sly’s massive home,’ according to TMZ sources.

The 18,587 square-foot home was designed by Richard Landry and is situated in the exclusive guard-gated enclave of North Beverly Park, and boasts eight-bedroom and 12-bathrooms.

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. In May, he cut the price down to $85million.

Easy on me: 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

The 75-year-old Hollywood icon, who has moved with his family to Florida, relisted the property for $85million in August, and dropped the price down to $80million in October.

Stallone first used agency Hilton & Hyland with the agents being Paris Hilton’s dad Rick along with his son Barron Hilton II and his son’s wife Tessa. Rick’s business partner Jeff Hyland was also listed. 

But now the agents are Tomer and Isidora Fridman, Kurt Rappaport and Jade Mills.

It was Sly’s wife Jennifer Flavin Stallone – a former model that tied the knot with the actor in 1997 – who called on Mills. ‘I pick up the phone one day, and this voice says, “Jade, this is Jennifer Stallone,”‘ Mills shared with People in May.

Incredible: 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. In May, he cut the price down to $85million

Incredible: 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. In May, he cut the price down to $85million

Worth every penny: Now the 75-year-old Hollywood icon, who has moved with his family to Florida, has relisted the property for the same price as before: $85million

Worth every penny: Now the 75-year-old Hollywood icon, who has moved with his family to Florida, has relisted the property for the same price as before: $85million

Send My Love: The 33-year-old vocal powerhouse is adding more real estate to her Los Angeles portfolio and is 'in escrow for Sly's massive home,' according to TMZ sources

Send My Love: The 33-year-old vocal powerhouse is adding more real estate to her Los Angeles portfolio and is ‘in escrow for Sly’s massive home,’ according to TMZ sources

‘I was absolutely thrilled to hear from her,’ she cooed. ‘She’s a very, very successful woman with her skincare products. She’s also an interior designer. 

‘So I was just really in awe of her. Both of them are really larger-than-life people.’

Jade added, ‘A lot of these homes in Beverly Park are big, beautiful homes but don’t have a view. This is an exceptional home with land, and it has a view.’   

The history: Stallone first used agency Hilton & Hyland with the agents being Paris Hilton's dad Rick along with his son Barron Hilton II and his son's wife Tessa. Rick's business partner Jeff Hyland was also listed

The history: Stallone first used agency Hilton & Hyland with the agents being Paris Hilton’s dad Rick along with his son Barron Hilton II and his son’s wife Tessa. Rick’s business partner Jeff Hyland was also listed

New team: But now the agents are Tomer Fridman, Kurt Rappaport and Jade Mills. It was Sly's wife Jennifer Flavin Stallone - a former model that tied the knot with the actor in 1997 - who called on Mills. 'I pick up the phone one day, and this voice says, "Jade, this is Jennifer Stallone,"' Mills shared with People in May

New team: But now the agents are Tomer Fridman, Kurt Rappaport and Jade Mills. It was Sly’s wife Jennifer Flavin Stallone – a former model that tied the knot with the actor in 1997 – who called on Mills. ‘I pick up the phone one day, and this voice says, “Jade, this is Jennifer Stallone,”‘ Mills shared with People in May

The property is extra big with a total of eight bedrooms on a whopping 3.5 acres, and is located in the same neighborhood where Lisa Vanderpump and Rod Stewart used to reside.

No doubt the home will serve as an oasis to those seeking privacy from the hustle and bustle of Tinseltown as it is at the end of a cul de sac up a long private driveway in an exclusive enclave. 

And the security is very good: ‘It’s double gated. You’re gated within the community, and then, again, when you get to the house, you’re gated,’ added Mills. 

Great office: 'I was absolutely thrilled to hear from her,' she cooed. 'She's a very, very successful woman with her skincare products. She's also an interior designer. So I was just really in awe of her. Both of them are really larger-than-life people'

Great office: ‘I was absolutely thrilled to hear from her,’ she cooed. ‘She’s a very, very successful woman with her skincare products. She’s also an interior designer. So I was just really in awe of her. Both of them are really larger-than-life people’

The property was designed architect Edward Granzbach and built in 1994. 

The entire square feet of the dwelling is 21,000 but Mills says it’s not too big: ‘Even though the square footage is very large, it’s a pretty traditional floor plan. It’s a really easy house to live in.’

The main house features six bedrooms and nine bathrooms including a master suite, three spacious en-suite bedrooms, and two maids bedrooms. 

The opulent master suite includes a sauna, steam room, and office with a terrace. 

Great views: Jade added, 'A lot of these homes in Beverly Park are big, beautiful homes but don't have a view. This is an exceptional home with land, and it has a view'

Great views: Jade added, ‘A lot of these homes in Beverly Park are big, beautiful homes but don’t have a view. This is an exceptional home with land, and it has a view’

There is also a two-story guest house with two en-suite bedrooms and full chef’s kitchen as it was designed by Richard Landry. 

The primary two-story building includes a formal living room which features views to Rodeo Drive and beyond. 

As if that wasn’t already enough, amenities also include a professional movie theater and cigar room with an air-filtration system. 

There is also a home gym. Mills said: ‘What would you expect Rocky’s gym to look like? It truly is Rocky’s gym, even though I’m sure the whole family uses it.’

Famous hood: The property is extra big with a total of eight bedrooms and nine bathroom on a whopping 3.5 acres. The home is located in the same neighborhood where Lisa Vanderpump and Rod Stewart used to reside

Famous hood: The property is extra big with a total of eight bedrooms and nine bathroom on a whopping 3.5 acres. The home is located in the same neighborhood where Lisa Vanderpump and Rod Stewart used to reside

Oasis: No doubt the home will serve as an oasis to those seeking privacy from the hustle and bustle of Tinseltown as it is at the end of a cul de sac up a long private driveway in an exclusive enclave

Oasis: No doubt the home will serve as an oasis to those seeking privacy from the hustle and bustle of Tinseltown as it is at the end of a cul de sac up a long private driveway in an exclusive enclave

The power pair have daughters Sophia, Sistine and Scarlet. And he is also father to sons Seargeoh and the late Sage Stallone from his first marriage to Sasha Czack (1974 to 1985).

He was also married to blonde bombshell Brigitte Nielsen from 1985 until 1987. 

Outside there is a massive patio with an infinity pool, spa, and even a putting green. Any gearhead would be happy to know that there is also an air-conditioned eight-car garage with an art studio.

Good protection: And the security is very good: 'It's double gated. You're gated within the community, and then, again, when you get to the house, you're gated,' added Mills

Good protection: And the security is very good: ‘It’s double gated. You’re gated within the community, and then, again, when you get to the house, you’re gated,’ added Mills

So much space: The property was designed architect Edward Granzbach and built in 1994. The entire square feet of the dwelling is 21,000 but Mills says it's not too big: 'Even though the square footage is very large, it's a pretty traditional floor plan. It's a really easy house to live in'

So much space: The property was designed architect Edward Granzbach and built in 1994. The entire square feet of the dwelling is 21,000 but Mills says it’s not too big: ‘Even though the square footage is very large, it’s a pretty traditional floor plan. It’s a really easy house to live in’

The gated community is also home to Hollywood royalty Denzel Washington and Eddie Murphy.  

The neighborhood has been in the news plenty as of late as a neighboring mega mansion is set to become the most expensive property to ever be auctioned, after it was listed for a cool $160million.

The Villa Firenze estate features 20 bedrooms and 23 bathrooms, and is currently owned by billionaire Air Lease Corporation CEO Steven Udvar-Hazy.

So fancy: The main house features six bedrooms and nine bathrooms including a master suite, three spacious en-suite bedrooms, and two maids bedrooms. The opulent master suite includes a sauna, steam room, and office with a terrace

So fancy: The main house features six bedrooms and nine bathrooms including a master suite, three spacious en-suite bedrooms, and two maids bedrooms. The opulent master suite includes a sauna, steam room, and office with a terrace

So grand: There is also a comfortable screening room that can seat 10 people easily; off to the side is a fireplace

So grand: There is also a comfortable screening room that can seat 10 people easily; off to the side is a fireplace

Steps: The primary two-story building includes a formal living room which features views to Rodeo Drive and beyond

Steps: The primary two-story building includes a formal living room which features views to Rodeo Drive and beyond

The property was previously listed in 2018 for $165million, but is now going up for auction with a guide price of $160million. It sold for $51M in April.

The home – which was built by architect William Hablinski sits on nine acres and can be accessed by its own street. 

Sly has been keeping his real estate portfolio full as last month he reportedly purchased a Bermuda-style estate on the North end of Palm Beach in Florida for $35.375M. 

  

The Oscar nominated actor bought the 13,241-square-foot property in a sale recorded December 16 by the Palm Beach County Clerk’s office – according to the Palm Beach Daily News.

Sleep well: One of the bedrooms can be seen here. There is a balcony as well as plenty of space

Sleep well: One of the bedrooms can be seen here. There is a balcony as well as plenty of space 

Not cramped, that's for sure: The glam room has it's own sofa and coffee table as well as a balcony to the side

Not cramped, that’s for sure: The glam room has it’s own sofa and coffee table as well as a balcony to the side

Another bedroom that is fit for a queen: This bedroom has a room for a sofa and table as it looks at a fireplace

Another bedroom that is fit for a queen: This bedroom has a room for a sofa and table as it looks at a fireplace

Sly (born Michael) reportedly financed the sale with a $15M, 30-year mortgage.  

Despite being in his 70s, Sly doesn’t seem to be slowing his acting career anytime soon as late last year, it was confirmed that the Rocky and Rambo star has joined the cast of James Gunn’s The Suicide Squad.

Gunn posted a photo of the two together to his Instagram on November 15, sharing: ‘Always love working with my friend @officialslystallone & our work today on #TheSuicideSquad was no exception.’

Sitting pretty on a hill: The home can be seen here with its lush green lawn and roomy swimming pool

Sitting pretty on a hill: The home can be seen here with its lush green lawn and roomy swimming pool

By day it sparkles nicely: A look at the back of the home and the swimming pool which has a statue at one end

By day it sparkles nicely: A look at the back of the home and the swimming pool which has a statue at one end

A nice place to sit and take it all in: Next to the swimming pool is room for many pieces of outdoor furniture

A nice place to sit and take it all in: Next to the swimming pool is room for many pieces of outdoor furniture

No one to bother you except maybe coyotes: There are hills everywhere and a view of Los Angeles below

No one to bother you except maybe coyotes: There are hills everywhere and a view of Los Angeles below

The director went on: ‘Despite Sly being an iconic movie star, most people still don’t have any idea what an amazing actor this guy is.’

Stallone joins Margot Robbie, who reprises her role as Harley Quinn from the 2016 film directed by David Ayers.

Also returning for the standalone sequel are Viola Davis as government agent Amanda Waller, Joel Kinnaman as Rick Flag and Jai Courtney as Captain Boomerang. 

Meanwhile, Idris Elba has stepped in to replace Will Smith as Bloodshot; Smith had to drop out of the film due to scheduling conflicts as he juggles projects following the COVID-19 shutdown in Hollywood.

A little golf, anyone? There is also a clean and spacious putting green surrounded by mature trees

A little golf, anyone? There is also a clean and spacious putting green surrounded by mature trees

Still in great shape: Stallone attended the Warner Bros premiere of The Suicide Squad at The Landmark Westwood on August 2 in Los Angeles

Still in great shape: Stallone attended the Warner Bros premiere of The Suicide Squad at The Landmark Westwood on August 2 in Los Angeles

Adele purchasing Sylvester Stallone’s Beverly Hills home for $58M after property listed for $110M Source link Adele purchasing Sylvester Stallone’s Beverly Hills home for $58M after property listed for $110M

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