In a stunning turn of events, Mark Wahlberg has sold his lavish Beverly Park mansion for a staggering $55 million, marking the most expensive home sale in Southern California this year. This transaction not only highlights the actor's real estate ambitions but also showcases the luxury market's incredible peaks. Despite initially listing the property for $87.5 million last year, Wahlberg's recent move signals a strategic shift in his lifestyle and investments.
Wahlberg, known for his roles in blockbuster films such as “Uncharted” and “Father Stu,” made the decision to sell as he relocates to Nevada. This choice stems from his desire for a fresh start and a better environment for his children. Investing $15.6 million in a secluded land plot within a luxury community near Las Vegas, he seems focused on creating a new chapter in his life.
Closing the deal in February allowed Wahlberg to dodge a hefty tax bill of over $3 million that was set to be enacted under Measure ULA. This 5.5% transfer tax was scheduled to take effect on April 1, making his decision to sell even more financially savvy. Owning the mansion for over a decade, Wahlberg originally purchased the land for $8.25 million in 2009, commissioning renowned architect Richard Landry to construct the magnificent home.
| Detail | Information |
|---|---|
| Property Size | 30,500 square feet |
| Sale Price | $55 million |
| Previous Listing Price | $87.5 million |
| Bedrooms | 12 |
| Bathrooms | 20 |
| Location | Beverly Park, California |
| New Property Location | Nevada |
