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      in Luxury

      After Just a Year, Madonna Relists the LA Home She Bought From the Weeknd for $26 Million

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      The ‘Queen of Pop’ is looking to flip her recent Los Angeles property grab.

      Last April, Madonna purchased a 12,500-square-foot home from R&B star the Weeknd for $19.3 million. One year later, the OG Material Girl has relisted the 3-acre property at $25.995 million, or $6.7 million more than it was bought for—ensuring a sizeable return on investment. The house is located in the star-studded Hidden Hills neighborhood and also comes with a guest cottage.

      Both structures combined house nine bedrooms, nine bathrooms and two half baths.The two-level main house boasts a minimalistic design dressed in white, with high ceilings and wide-plank wooden floors; the open-air design helps the space to feel large and airy.  Past the adjoining family room with a marble-framed fireplace lie a formal dining area, neon-lit wine cellar, an office and a screening room. All seven bedrooms are located on the second floor, including the master suite which has a huge walk-in closet and private terrace. It even has its own luxe marble-lined bathroom with a separate tub and shower, naturally.

      Backyard view of the property’s infinity-edge pool. 

      Redfin

      As you venture outside, you’ll find a variety of amenities to keep you entertained. For starters, the property features an infinity-edge saltwater pool and an eye-catching orange neon basketball court. Horse breeders and riders alike will also be able to house their brood in the home’s eight-stall barn. And though the 63-year-old singer did add her own personal touches to the home, including a newly built gym and yoga studio, new owners may consider the property’s neon-lit, five-bay garage its crown jewel.

      A look inside the master bedroom with a private terrace. 

      Redfin

      The Weeknd, whose real name is Abel Tesfaye, picked up the home for $18.2 million in 2017. While the “Blinding Lights” singer has since upgraded to a nearly $70 million mansion in Bel-Air, you’ll still find yourself surrounded with big-name neighbors like Drake, Will and Jada Pinkett Smith and some of the Kardashians. Best of all, the home has a security gate and driveway that will keep unwanted visitors (and paparazzi) out and at a distance.
      Representatives for Madonna didn’t say why she’s making this move, reports The Wall Street Journal. But it’s safe to say that, if sold for asking, this is a win-win situation for all parties involved. The Agency holds the listing; visit their website for more details.

      Check out more images below.

      The orange basketball court makes the home easy to spot from above. 

      Alfred Yson

      Alfred Yson

      Karina Guevara

      Alfred Yson

      Redfin

      Redfin

      Redfin

      Alfred Yson

      Alfred Yson

      Karina Guevara More

    • 125 Shares199 Views

      in Luxury

      Roman Abramovich’s French Riviera Mansion Was Just Seized by Authorities

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      Russian billionaire Roman Abramovich is hemorrhaging assets amid the Russia-Ukraine war.

      The reputed Vladimir Putin ally, who was sanctioned by the UK, the EU and Canada in March in response to Russia’s invasion of Ukraine, has just had 12 of his prized Gallic properties seized by French authorities. Among them is an historic villa situated in one of the most prestigious parts of the French Riviera.

      Dating back to 1926, the storied Château de la Croë once belonged to the former King of England Edward VIII and American socialite Wallis Simpson. Fit for royalty—the Duke and Duchess of Windsor, specifically—the palatial abode sits on 12 lush acres just a few feet from the Mediterranean sea. Inside, it offers 12 bedrooms, eight bathrooms and a spate of royally good amenities.

      Château de la Croë was once owned by the Duke and Duchess of Windsor. 

      Leslie Priest/AP

      Abramovich purchased the château from an unknown party in 2001, before spending a reported $40 million on renovations to add a rooftop swimming pool, gym and cinema. The lavish pad is reportedly now estimated to be worth around $117 million.
      French authorities have also seized the oligarch’s estate on St. Barts, condos in Paris and villas in Nice. The total value of his seized properties is in the ballpark of $340 million, according to Forbes.

      Abramovich reportedly spent $40 million renovating the French château. 

      Wikimedia Commons

      The move was part of a major operation that has seen more than $26 billion worth of cash, properties, yachts, helicopters and other assets belonging to sanctioned Russians confiscated or frozen in recent weeks, according to France’s Economy and Finance Ministry.
      Abramovich, who is believe to be a confidant of Russian President Vladimir Putin, has been a major target of Western sanctions. So far, he has been forced to sell his London soccer team Chelsea and has sent his two prized superyachts to the Mediterranean to avoid seizure. Not to mention, the island nation of Jersey, part of the Channel Islands, froze $7 billion worth of his assets this week. More