Adele is reportedly shooting $ 58 million next to Sylvester Stallone’s custom-built Beverly Hills home, and although it’s an eye-catching price, the “Rocky” star last January listed for as much as $ 110 million.
The “Easy on Me” singer is currently in the “inspection phase” of the contract, according to TMZ, and if all goes well, she is expected to close the home by the end of this month.
Adele, 33, gets a massive trade on the property, but the purchase comes shortly after Adele bought three other properties in Golden State in the last five years worth an estimated $ 30 million.
In October, she revealed she was moving to Los Angeles because she could not afford London prices.
Norway Post has contacted Adele for a comment.
Her soon-to-be new home in Beverly Hills has been owned by Stallone, 75, since 1994. He bought the land for $ 2.35 million at the time and built the estate from scratch, property records show.
Situated on 3.5 acres of land, the Italian Riviera-style residence is nestled in the exclusive guard-fenced enclave of North Beverly Park.
The home consists of eight bedrooms and 12 bathrooms and covers a full 18,500 square meters.
The home has panoramic views of the city and the gorge. Features include a two-story foyer, a freeway, a family room, office and formal living and dining area. It also comes with a 2-story guest house with 2 bedrooms and a fully equipped kitchen.
Facilities include a screening room, gym, cigar room, custom-made bar, art studio, putting green with expansive lawns and infinity pools, according to the overview.
Stallone has referred to the home as “the house that Rocky built.”
Before Adele snatched the property at the hugely discounted price, the home was last built for $ 80 million in October.
Meanwhile, Stallone last year moved into a $ 35 million Palm Beach property that spans more than 13,200 square feet with seven bedrooms and 12 bathrooms.
Tomer Fridman with Compass held the listing.