BUYER: Britney Spears
LOCATION: Thousand Oaks, CA
PAID PRICE: $7,400,000 (listed 11.99 million)
SIZE: 13,264 square feet, 5 bedrooms, 7.5 bathrooms
The deal was recently announced Britney Spears signed on for another two-year extension and exceedingly lucrative residency a the Planet Hollywood Resort in Las Vegas — her last two-year contract was reported to be for around $475,000 per show — and now word slips down the celebrity real estate investment gossip grapevine that the veteran pop star has spent $7.4 million for a sprawling, 20.86-acre estate in Thousand Oaks, CA. The hill-topping home, in a gated enclave of similarly sized estates and on and off the market since at least early 2013 when it was listed for an in-hindsight woefully quixotic $11.995 million, is anchored by an opulent and imposing if obviously ersatz, circa-2000 Neoclassical Italianate villa of 12,464-square-feet with five bedrooms and 7.5 bathrooms.
A marble-floored foyer steps down to a hotel lobby-scaled “great room” with wall-to-wall carpeting, grandiose 35-foot high ceiling, and a gargantuan fireplace flanked by built-in media cabinets. The elevator-equipped mansion’s additional public spaces include baronial formal living and dining rooms — the former with a double stacked limestone mantelpiece that extends nearly to the ceiling, and an oak-paneled library with built-in bookshelves, fireplace, and fancy-pants Parquet de Versailles flooring. The mansion’s center island kitchen has all the bells and whistles a private chef might desire or require and opens to an informal dining area with bay window and another fireplace. Four en suite family bedrooms are joined by a private and expansive upper floor master suite with yet another fireplace, a sitting area, and a private terrace with sweeping mountain views along with two spacious and custom fitted walk-in closets and a pair of lavish bathrooms, one done in pale beige marble with jetted garden tub and the other in dark beige marble with steam shower. There’s a “huge media/game room” on the upper level of the main residence plus an approximately 1,200-square-foot poolside pavilion fitted with full kitchen, bathroom, and 3,500-bottle temperature controlled wine cellar. Online marketing materials show the manicured portions of the estate include a rear motor court with access to the six-car garage, meandering lawns and flowering gardens, an orchard, a variety of patios and terraces with panoramic views, an infinity edged swimming pool, separate spa, lighted tennis court with elevated viewing platform, and a three-green golf course complete with sand traps.
Avid celebrity real estate investment watchers may recall that it was only three years ago that Britnet Spears, a property gossip column staple who’s previously owned multi-million dollar homes in West Hollywood, Malibu, and Beverly Hills and over the years rented several mansions in L.A.’s ever-more celebrified western suburbs, shelled out $6,744,500 for an 8,456-square-foot hacienda-style Mediterranean inside the swanky, guard-gated Sherwood Country Club in Thousand Oaks.
The listing agents (who sold a $12 million property for 7.4 — not something you put on your resume) were Nicole Van Parys, Gary Nesen and Kevin Nguyen of Engel & Volkers.
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