Kanye West has shelled out $35 million on a new home.
The “Stronger” rapper — who has children North, Saint, Chicago and Psalm with ex-wife Kim Kardashian — has bought an 11-bedroom, 18-bathroom property in Beverly Park North, a gated community in Beverly Hills, California in an off-market deal.
According to TMZ — who have viewed property records relating to the purchase — the 20,000 sq. ft. abode is set on nearly seven acres of land and features an entertainment pavilion connected to the main house and a tennis court. The mansion also has a pool area with cascading waterfalls, separate pools for swimming laps or just taking a dip and a pool house and gazebo.
It seems the property was a bargain because another home in the community — where the likes of Sylvester Stallone, Eddie Murphy, Justin Bieber, Denzel Washington and Sir Rod Stewart have lived over the years — recently sold for $44 million.
The rapper’s new purchase comes after the star — who is married to Bianca Censori —- sold his Malibu mansion at a $36 million loss.
The Tadao Ando-designed property was snapped up by California-based real estate crowdfunding firm Belwood Investments. Belwood Investments recently slammed West’s “dumb” renovation project on his previous place.
“That was a really dumb move. Really no purpose. He single-handedly destroyed this architectural masterpiece. My goal is to make it as though Kanye was never there. The house will be restored right back to what it was,” CEO Bo Belmont told the Los Angeles Times.
West removed the windows, doors, electricity and plumbing in the house. The “Gold Digger” hitmaker had plans to turn the stairs into a slide, the floor into trampolines and camouflage the outside of the house.
“It would have required extensive review … There’s a process to it. … He does things his own way, and the city of Malibu — they don’t care who you are; they’ll hold you accountable,” Belmont added.
“This is not just a phenomenal real estate investment; it is an opportunity to revitalize and preserve an architectural gem by the renowned Tadao Ando, ensuring it remains a jewel of Malibu,” he said previously about the purchase. “This acquisition exemplifies Belwood Investments’ commitment to transforming properties with historical and architectural significance while delivering exceptional returns for our investors.”
