12 of the Most Expensive Celebrity Real Estate Deals

The A-list is living large on a big budget.

All over the world, famous homeowners have sold and purchased luxurious properties at soaring prices. From Beyoncé and Jay-Z's record-breaking California acquisition to Sylvester Stallone's steep sale to Adele, check out some of the most expensive celebrity real estate deals.

1. Beyoncé and Jay-Z

In 2023, the power couple paid a jaw-dropping $200 million for a massive Malibu mansion overlooking the Pacific Ocean, and they reportedly got it at a discount. At the time of their purchase, a source told PEOPLE that the estate was originally listed at $295 million.

Beyoncé and Jay-Z's acquisition marks the highest property purchase in California history and the second most expensive sale in the U.S., falling a few million short of the record set by a $238 million New York penthouse sold in 2019.

2. Pierce Brosnan

Back in 2020, the former James Bond franchise star listed his Malibu mansion for a steep $100 million. Brosnan and his wife, Keely Shaye Smith, bought the beachfront property 20 years earlier for $7.35 million, as Variety reported. The couple raised their sons Dylan and Paris in the 5-bedroom, 14-bathroom SoCal estate.

3. Tina Turner

Before her death at age 83 in May 2023, the icon spent her final days at her quiet lakeside estate in the Swiss town of Kusnacht. Turner started renting the European refuge, which was known as Villa Algonquin, with her partner Erwin Bach in 1998. Once she became a Swiss citizen in 2013, "The Best" singer purchased it for $76 million, according to the Associated Press.

In 2019, New York Times writer Amanda Hess visited Turner's home beside Lake Zurich and gave readers a glimpse inside, writing, “It has cartoon palace energy. Ivy snaking up the walls, gardeners manicuring the shrubs, a life-size two-legged horse sculpture suspended from a domed ceiling, a framed rendering of Turner as an Egyptian queen, a room stuffed with gilded Louis XIV style sofas and, sprawled on one of them, Tina Turner herself."

4. Cher

According to The Wall Street Journal, Cher initially listed her Malibu mansion for $85 million. After it failed to win any buyers, the singer slashed $10 million off the price tag and relisted the California castle six months later.

Cher's Italian Renaissance-inspired home boasted seven bedrooms, nine bathrooms, and 13,126 square feet of space on 1.73 acres of land. She also enjoyed luxurious amenities like a tennis court and infinity pool on the property.

5. Angelina Jolie and Brad Pitt

The former couple purchased the sprawling French vineyard Château Miraval in 2012, four years before Jolie filed for divorce. They doled out an estimated $60 million to become the official owners of the historic 1,200-acre site, which they had been long-term leasing since 2008.

Following their split, the actress sold her stake in the estate – which features structures that date back to the 17th century – and the winery's label, which is valued at $164 million.

6. Brad Pitt

Pitt's impressive real estate portfolio extends beyond Europe, too. In 2023, he listed his massive $40 million L.A. home, where he once lived with Jolie and their six kids Maddox, Pax, Zahara, Shiloh, and twins Knox and Vivienne.

In 1994, Pitt purchased the space from Elvira, Mistress of the Dark star Cassandra Peterson for a reported $1.7 million. Over the years, he bought neighboring lots to expand the property with a swimming pool, tennis court and skating rink.

7. Mark Wahlberg

Mark Wahlberg originally listed his L.A. abode for $87.5 million, but after several months he dropped the price down to $79.5 million in December 2022. At the time, his listing agency Compass told PEOPLE that Wahlberg's 30,500 square-foot home was in the running for the top five most expensive SoCal home sales of that year.

Ultimately, however, the actor's palatial residence sold for $55 million in early 2023.

8. Greg Norman

In 2020, retired pro golfer Greg Norman sold his 10-bedroom, 18-bathroom oceanfront mansion in Jupiter Island, Florida for $59.9 million. The mansion, known as "Tranquility," got scooped up by a buyer and was under contract after just two weeks on the market.

9. Tony Stewart

The NASCAR legend put his Indiana ranch up for sale at $30 million in March 2022. Stewart's 20,000 square-foot ranch, known as "Hidden Hollow Ranch," contains fun features like a bowling alley, game area, golf simulator and a lighted onyx bar, per the listing.

10. Jennifer Lopez

Following her marriage to Ben Affleck, the actress listed her Bel-Air home on the market for $42.5 million. The space is still up for sale, even though Lopez and Affleck already purchased a new L.A. pad for $60 million this past summer.

11. Tom Cruise

The Mission Impossible star sold his estate in Colorado in 2021 at the cool asking price of $39.5 million. Aside from the mansion's impressive size, with seven bedrooms and nine bathrooms, the ranch has backdropped some of Cruise's iconic media moments. The actor famously sat down for an interview with Oprah Winfrey in 2008 at the Telluride house, and, a year and a half earlier, he opened up to Vanity Fair alongside then-fiancée Katie Holmes, sharing the first photos of their daughter, Suri.

12. Sylvester Stallone

The Rocky star initially put his 21,000-square-foot Beverly Park mansion on the market for $110 million, then marked it down to $85 million in 2021. Stallone dropped the price even further when he sold the 20-room house at $58 million to fellow A-lister Adele.

The singer even got to furnish her new place with a highly valuable item. Stallone told the Wall Street Journal that when Adele placed her offer, she requested that he leave the statue of his iconic Rocky Balboa character. If he refused, the English songstress said it would "blow the whole deal." In the end, Adele got her way and Stallone's massive property was sold, statue included.

Source: Zoey Lyttle, People

Previous
Previous

Easton invests millions across trash pickup, firehouses, garage, pensions ahead of ‘24 budget release

Next
Next

Why are commercial real estate rates seeing year-over-year increases?