Russ Weiner Gets $29.5 Million for Madonna’s Old Beverly Hills Estate

Weiner, whose father is polemical right-wing radio personality Michael Savage, gave the property a thorough cosmetic refurbishment and, on occasion over the years, rented the estate out to well-to-do short-term tenants, including Jay-Z and Beyoncé.

There are a total of nine bedrooms and ten full and four half bathrooms across the sprawling two-story Country French manor house and two guest houses that combined stretch out over more than 12,100 square feet.

The estate is complimented by seven fireplaces, a fully stocked fitness center, a 15-seat home theater, plus several more lounges with surround sound systems, a professional bar for entertaining, and a deluxe open-plan family kitchen plus a second kitchen for catering staff.

The private and manicured idyll offers all the amenities of a five-star boutique hotel: lush, grassy gardens, expansive patios, a 60-foot swimming pool, and a lighted tennis court. There are also hardcore security and state-of-the-art home automation systems.

The property was listed with Katelyn Byrd of Coldwell Banker Realty. The buyer, an L.A.-based real estate concern, was represented by Peter Zimble and Dan Beder of the Beder/Zimble Group at Sotheby’s International Realty.

A property gossip column staple with a net worth in excess of $4 million, Weiner is well known for his frequent buying and selling of lavish homes in both Los Angeles and South Florida.

Late last year he thinned his SoCal holdings with the $14.25 million sale of a beachfront home in Hermosa Beach but he still owns not just one but two opulent mansions in the fabled Beverly Park enclave in the mountains above Beverly Hills. At almost 10,000 square feet, the smaller home sits on almost two acres and was purchased in 2007 for $15 million, while the other weighs in at approximately 12,500 square feet and was acquired in early 2015 for $18.6 million. The larger home is currently listed at $27.9 million after it first came for sale about a year and a half ago at $31 million.

In South Florida, Weiner’s residential holdings are numerous and in flux. He’s owned an oceanfront spread in Delray Beach since 2009 when it was scooped up for $11.6 million, and in 2016 he ponied up another $19.5 million, in cash, for a Bali-inspired waterfront mansion in Miami Beach. Both properties were put up for sale in 2019 at about $35 million apiece but neither were sold.

Last year he paid Tiger Woods’ Swedish model ex-wife Elin Nordegren almost $33 million for two Palm Beach properties that he lucratively flipped just about a month later to private equity billionaire Robert F. Smith for $48.2 million, and just last week came word he’d sealed a $35 million deal for two properties along the same Miami Beach street, one a vacant lot of just over 1.5 acres and the other an almost two acre Mediterranean compound. A third property of almost an acre sits between the two properties and the divorcing owners reportedly face a foreclosure lawsuit on the property. Presumably, Weiner will make every effort to buy that property to combine the with other two.