She’s rolling in the deep dough! Over the weekend, TMZ broke the news that Adele has made a lowball offer to buy Sylvester Stallone’s extravagant 90210 estate. While the deal has not yet closed — Adele is reportedly still mired in the all-important inspections phase of escrow — the star has agreed to pay somewhere in the neighborhood of $58 million for the house. Once she signs off on the inspection reports and removes any other contingencies, the internationally mega-famous songstress should be able to close on her new home.
Real estate sources have publicly characterized the $58 million purchase price as a “steal,” which seems a little wild on the surface but does make some sense when you consider the property was last offered at $80 million, and Stallone originally wanted a brain-shredding $110 million for the place.
But does that price really represent a steal? We aren’t so sure. Should the house close for anywhere near the reported $58 million, it will easily rank as the most expensive Beverly Park estate ever sold. (Beverly Park, for anyone unfamiliar, is an ultra-exclusive gated community in the mountains above Beverly Hills. The enclave is particularly known for its many huge mansions — a few of which span more than 30,000 square feet of living space. Current residents include Denzel Washington, The Rock, Justin Bieber, Magic Johnson, Mark Wahlberg and Sofia Vergara.)
Only one other Beverly Park house has ever traded for more than $40 million. Last year, a sumptuous Mediterranean-style estate sold for $51 million at auction. But it’s worth noting that the auctioned property is significantly grander than the Stallone estate, both in interior square footage and property acreage, with 28,660 square feet of living space and nearly 10 acres to Stallone’s 15,401 square feet and 3.5 acres. (The auction winner paid less than $1,800 per square foot for their prize, while Adele is shelling out a lofty sum of nearly $3,800 per square foot.)
Still, the Stallone property has some notable amenities that many other Beverly Park homes lack. It’s one of the most private properties in the community, secreted at the very end of a “hidden” cul-de-sac, and down an exceptionally long gated driveway, far from neighboring homes. It’s also one of the few local estates with an infinity pool overlooking spectacular city views, features that certainly plump up its value. And best of all, the entire place was recently given a thorough renovation overseen by Rocky himself. Can’t put a price on that — right?
Whatever the case, Adele can afford her splurge. Over the past decade or so, the internationally famous songstress reportedly hauled in an impressive $400 million. She’s invested well in real estate, acquiring a three-house, $30 million compound elsewhere in Beverly Hills.
Tomer Fridman of Compass, Jade Mills of Coldwell Banker and Kurt Rappaport of Westside Estate Agency share the listing.
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Image Credit: Simon Berlyn Set at the end of a cul-de-sac, the house is invisible from the street.
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Image Credit: Simon Berlyn The lengthy driveway dead-ends at a motorcourt shaded by mature trees. The formally grand landscaping — manicured boxwood hedges, rolling lawns and Italian cypresses — will surely impress guests.
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Image Credit: Simon Berlyn The main house, a palatial Mediterranean-style pile, was custom-built in 1994 for Stallone. The two-story guesthouse was more recently added and designed by megamansion specialist Richard Landry.
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Image Credit: Simon Berlyn Insie, the interiors are a mix of tried-and-true L.A. mansion motifs — huge Palladian windows, French doors galore — and colorful furnishings, appropriate for a home owned by a colorful Hollywood icon.
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Image Credit: Simon Berlyn The kitchen is essentially all-new and features two enormous islands. Floor-to-ceiling walls of glass overlook the unspoiled hills surrounding Franklin Canyon.
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Image Credit: Simon Berlyn One of the most decadent rooms on the premises is the cigar lounge, which has a wet bar and Vegas-style backlit cabinets.
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Image Credit: Simon Berlyn The office is more like an oversized trophy case.
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Image Credit: Simon Berlyn The movie theater has tiered seating, plush curtains and a notably elaborate fireplace.
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Image Credit: Simon Berlyn It appears Stallone may have recently replaced all or some of the estate’s rolling lawns with drought-tolerant AstroTurf. Tall redwoods add privacy and look stunning.
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Image Credit: Simon Berlyn Out back is the aforementioned infinity pool, plus a spa, Baja deck for sunbathing and even a putting green.
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Image Credit: Simon Berlyn Beverly Park is littered with uber-enormous mansions — in fact, Stallone’s place is actually one of the more “reasonably-sized” homes.
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Image Credit: Simon Berlyn Rambo and his family have moved to Florida, where back in 2020 he dumped $35 million on a waterfront estate in prime Palm Beach.
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Image Credit: Simon Berlyn