Sean “Diddy” Combs, the music mogul whose career has been rocked by controversy, is selling his Beverly Hills mansion. The same 17,000-square-foot estate was raided by Homeland Security earlier this year.
Situated on South Mapleton Drive in Holmby Hills, the property hit the market last Sunday with a $61.5 million price tag, according to Mansion Global. Combs purchased the European-style residence in 2014 for $39 million, shortly after its completion by spec mansion developer Nile Niami.
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The 1.5-acre estate has 10 bedrooms and 13 bathrooms in the main house and a separate two-story guesthouse. It also has plenty of luxury amenities, including a 35-person theater, wine cellar, and an underground tunnel connecting the pool to a grotto.
Outdoor features include formal gardens, a basketball court, and a loggia with a barbecue and pizza oven.
According to a report from People magazine, Diddy secured two separate mortgages on the property, both valued at $25.35 million. The first was taken out in August 2014, and the second in May 2021. Neither has been fully repaid. The initial mortgage is set to be paid off by August 2029, while the second is due by May 2036.
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Kurt Rappaport, co-founder of Westside Estate Agency and a broker known for his high-profile clientele, handles the listing. According to Mansion Global, the property is being shown only to prequalified clients, and interior images are absent from the listing materials.
The sale comes at a tumultuous time for Combs. In March, federal agents descended on the property as part of a sex-trafficking investigation following lawsuits alleging sexual misconduct. Combs has denied the allegations, and no criminal charges have been filed.
The Beverly Hills property isn’t the only Combs residence to face scrutiny. In March, his Miami Beach island home was raided simultaneously, adding another layer to the ongoing investigations.
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The timing and circumstances of the sale have raised eyebrows in real estate circles. While a source close to Combs claims the sale was planned once his daughters moved out, the recent legal troubles cast a long shadow over the transaction.
If the property fetches its asking price, it would represent a windfall for Combs, potentially netting him over $20 million in profit. However, the mansion enters a luxury real estate market that has shown no signs of cooling in recent months.
As the real estate transaction unfolds, the sale may offer insight into the upper reaches of Hollywood's property market and provide a signal of Diddy’s future, both personally and professionally.
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