Madonna Relists The Weeknd's Former Home for Nearly $7 Million More Than She Bought It For Last Year

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Madonna has decided to relist her Hidden Hills mansion—previously owned by The Weeknd—for almost $7 million more than she originally paid for it.

for $19.3 million, is back on the market for $25.995 million. The home sits on nearly three acres of land in an ultra-exclusive gated community in Hidden Hills, California and features a 12,000 square-foot main residence. An olive tree-lined drive and storybook bridge leads up to the impressive home greets guests with a two-story wall of windows that allows natural light to flood the foyer and illuminate the white-walled interiors and stone accents.

While Madonna stands to make quite a profit on the property, she also picked it up for well under the original asking price. The home was initially listed for just under $25 million before she purchased it ten months later for around $5.7 million less. But even with that discount The Weeknd still turned a small profit as he originally bought the estate in 2017 for $18.2 million.

 

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What was paid for a property is irrelevant. The price for what comparable properties have recently sold is. Period.

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