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Drake Is Having Trouble Selling His Mansion In California

todayJanuary 13, 2025 2

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Drake is experiencing difficulties in selling his mansion in Beverly Hills, California. He initially purchased the sprawling estate from British singer Robbie Williams for $75 million in 2022 and listed it for sale at $88 million. Despite its luxurious amenities, including a 25,000 square-foot main house with multiple bedrooms, a private gym, a screening room, and extensive grounds featuring a tennis court and pool, the mansion has been on the market for an extended period without a buyer.

The property’s sale has been challenging due to its location and market conditions. It’s situated outside the most coveted areas of Beverly Hills, which typically attract buyers at this price range. Moreover, real estate experts suggest that the house might be overpriced given its location and the need for potential renovations. The market for ultra-luxury homes can be quite narrow, with such properties often taking longer to sell due to their unique characteristics and the limited pool of buyers with the means to afford them.

If Drake manages to sell the mansion at his asking price, he would realize a significant gain over his purchase price, though current market evaluations suggest he might have to settle for less to facilitate a sale.

Written by: Dj Dr. Pepper

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