Britney Spears loses nearly $2M selling Calabasas mansion for $12M.

Britney Spears loses nearly $2M selling Calabasas mansion for $12M.

  • Famous American singer Britney Spears is set to lose almost $2 million as she finally gets a buyer for her Calabasas mansion in California, USA
  • The popular singer has accepted $10.1 million from a buyer, which is significantly less than the mansion's asking price
  • Britney and her 28-year-old husband, Sam Asghari, bought the opulent home in 2022 for $11.8 million before putting it back on the market six months later

According to reports, Britney Spears will lose money upon selling her Calabasas property because she accepted an offer that was almost $2 million below her original asking price.

Britney Spears and her Calabasas mansion
Britney Spears sells her Calabasas mansion. Photo credit: biography.com and New York Post
Source: UGC

According to TMZ, the pop diva, 41, first advertised her luxurious mansion for $12 million but has accepted an offer of about $10.1 million, which is $1.9 million less than what she was looking for. Britney and her 28-year-old husband, Sam Asghari, bought the opulent home last year for $11.8 million before they put it back on the market six months later.

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TMZ reports that the American singer felt "too exposed" staying at the house. They added that the buyer is a Texas-based personal injury attorney.

Beautiful interior of Britney Spear's Calabasas home
Interior of Britney Spear's Calabasas mansion. Photo credit: New York Post
Source: UGC

According to Architectural Digest, the estate is situated on 1.6 acres of land inside the famous gated Estates at The Oaks community, which consists of a main home and a guest cottage with a combined total of seven bedrooms and nine baths.

The property's main suite features an exercise room, two walk-in closets the size of a small store, a fireplace, a lounge area, and a patio. Additional notable features include a wood-panelled study, a wine cellar, a living room with a fireplace, a formal dining room with a fireplace, and a chef's kitchen with a large island and high-end appliances mainly concealed behind cabinetry.

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Luxury mansions of prominent American celebrities show how wealthy they are

In an earlier story, YEN.com.gh wrote about how several famous people, like Jay Z, Rihanna, and Will Smith, maintain their social standing by residing with their families in opulent mansions. These mansions are frequently the buzz of the neighbourhood, and their popularity even drives up the cost of other properties in the locality.

Source: YEN.com.gh

Authors:
Richmond Setrana avatar

Richmond Setrana Richmond Setrana is a real estate editor for YEN.com.gh with 5 years of writing experience. He graduated from KNUST in 2016 with a bachelor’s degree in Sociology and is currently enrolled in a MA—Mass Communications program with Liverpool John Moores University. He has written for reputable platforms like meqasa.com, Noanyi, Edanra and Yourcommonwealth.org. He can be reached via: richmond.setrana@yen.com.gh