- Adele wants to pay $58 million for Sylvester Stallone’s Beverly Park mansion
- The property is now in escrow, multiple industry sources report
- Listed for $110 million one year ago, Sly’s mansion was one of the most expensive celebrity homes to hit the market in recent years
- The property sits on 3.5 acres and has 8 bedrooms, 12 bathrooms, a screening room, gym, cigar room, art studio and a two-story foyer
- A Richard Landry-designed guesthouse is also included on the property
After her new album, 30, nabbed the title of best-selling album of 2021 (with more than 600,000 copies sold in the six weeks following its Nov. 19 release), Adele found the best way to celebrate — and invest her earnings.
The English singer/songwriter kicked off the New Year by putting in an offer for a new place to call home: a sprawling mansion with a 90210 zip code currently owned by none other than action movie star Sylvester Stallone.
Adele offered to pay $58 million for the massive estate, an exorbitant amount that pales in comparison to the initial asking price. TMZ was the first to report on the sale.
Sly’s mansion was first listed for $110 million, making it one of the most expensive celebrity homes in recent years
Stallone first listed the property back in January 2021, asking $110,000,000 for the Mediterranean-style compound peppered with statues that pay tribute to his lengthy career as an action movie star.
The mind-boggling listing price instantly shot it at the top of our list of most expensive celebrity homes in recent history.
By mid-October, the Rocky actor slashed the price down to $80 million, but there were still no buyers in sight.
Until Adele decided to put in an offer, asking for another $22 million discount. Currently, the deal hasn’t gone through, with industry sources reporting that the house is still in escrow, pending inspection and other formalities.
Once the sale closes, Adele will be the proud owner of the most expensive house in the exclusive Beverly Park enclave.
She’ll be neighboring other high profile celebrities like Justin Bieber, Sofia Vergara and Dwayne ‘The Rock’ Johnson, who bought a $27.8 million mansion here just a few months back.
The Mediterranean-style estate is pure luxury
Sitting behind guarded gates at the end of a private cul-de-sac and down a long driveway, Adele’s new house is carefully hidden from prying eyes.
Sitting on a sprawling 3.47-acre lot, the main residence is a Mediterranean-style mansion custom-built for Sylvester Stallone — and has often been referred to as ‘the house Rocky built’.
Inside, visitors are greeted by a grand foyer that’s two-stories tall, and leads into the formal living and dining rooms, family room, home office, and perfectly appointed chef’s kitchen.
Out of the 8 bedrooms, the primary suite stands out with its generous size and stand-out features. It comes with dual baths, a sauna, steam room, and its own office with private terrace.
Designed for entertaining high profile guests, the mansion’s many amenities include a screening room, cigar room, and custom bar.
There are also countless seating areas whose windows and French doors open up to the beautiful backyard, which comes with it own long list of luxurious features.
The outdoor area makes the most of its 3.5 acres of lush greenery, and comes with covered dining and lounge areas, a putting green, and an infinity pool that is ideally located for taking in the city and canyon views.
There’s also a two-story guest house on the grounds of the property that’s a million dollar house in itself.
It has a beautiful living room, dining and kitchen, as well as two bedroom suites.
The guest house was designed by none other than Richard Landry — a Canadian-born architect known as the “King of the Megamansion” due to the many private residences he designed for corporate moguls and celebrities, including Wayne Gretzky palatial former home in Los Angeles.
Adele owns three other homes in Beverly Hills
Born and raised in London, UK, the Grammy Award winner has been living in Los Angeles for a few years now, and just recently opened up to British Vogues about the reasons behind her relocation.
In a 2021 interview, she cited both quality of life and the exorbitant London real estate prices as the main catalysts for her move to the United States.
“The kind of house I have in LA I could never afford in London. Ever,” Adele told British Vogue.
“I wanted fresh air, and somewhere I could see the sky,” she added. “Also, once I had Angelo, in England, if you haven’t got a plan with a young child and it’s raining, you’re f–ked.”
Earning over $400 million in the past decade, the Easy on Me singer has amassed quite an impressive property portfolio in recent years.
She owns three other homes in Beverly Hills, including a $10 million house she bought from Nicole Ritchie just a year ago. Her first foray into Los Angeles real estate was in 2016, when she purchased a 4-bedroom home for $9.5 million.
As for Sly, it would seem that the Rambo star has already moved on.
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