Aubrey “Drake” Graham’s Beverly Hills Mansion Acquisition
Renowned Canadian musician and cultural icon, Aubrey “Drake” Graham, has recently solidified his presence in the illustrious Beverly Hills housing market by purchasing a stunning mansion initially owned by British pop star Robbie Williams and his wife, Ayda Field. The acquisition marks a significant milestone in Drake’s property portfolio, which has been known for its opulence and a sense of grandeur. With years of intermittent listing and negotiations, Drake has finally settled into this luxurious estate, estimated to be valued at around $88 million when it was first put on the market. The property has now been designated for high-end rental at a staggering $250,000 per month.
Details of the Purchase
Drake’s purchase history with the property goes back to the spring of 2022 when he reportedly acquired it for $75 million. After the initial acquisition, the estate saw a substantial appreciation in its value, growing by $13 million within a year. Following this increase, Drake briefly listed the property back on the market, but it appears he is now holding onto it, with plans to rent it out while retaining an option for potential sale. As of early 2024, the mansion has been re-listed at the original acquisition price of $75 million while he awaits a suitable offer from a potential buyer.
A Closer Look at the Property
The mansion is situated on a sprawling 20-acre parcel nestled among the hills above Benedict Canyon. Gated access leads through a private cul-de-sac, offering a sense of seclusion and exclusivity. Originally built in 2001, the property is designed in a Tuscan architectural style, offering approximately 25,000 square feet of luxurious living space spread over three stories. The estate includes an impressive 10 bedrooms and 22 bathrooms, situated in a serene environment with breathtaking canyon and city views.
Exquisite Features and Amenities
What sets this mansion apart from many others is its array of luxurious features and amenities. Highlights of the mansion include an elevator, a wine cellar, a game room, and a gym. For car enthusiasts, an 11-car garage provides ample parking. A grand entrance hall catches the eye with a curved iron railing staircase topped by a stunning cubist chandelier, making a statement upon entering the home. Multiple fireplaces, a wet bar, and a gourmet kitchen complete with dual islands and high-end appliances contribute to the overall luxury ambiance.
Outdoor Elegance and Recreational Facilities
Surrounding the mansion are impeccably landscaped grounds adorned with mature olive and oak trees. For leisure and entertainment, there exists a large mosaic-tiled pool, a full-size tennis court complete with a gazebo, and an indoor/outdoor kitchen that comes equipped with a pizza oven. Added to this, a separate staff building and guest house offer both privacy and comfort for visitors.
Drake’s Broader Real Estate Investments
This mansion in Beverly Hills is not Drake’s only real estate venture. He possesses a sprawling 50,000-square-foot mansion in Toronto’s affluent Bridle Path neighborhood, which also required a significant financial investment for construction. Additionally, his portfolio recently expanded with a $15 million investment in a luxury resort property in Brenham, Texas, strategically located between Austin and Houston. These investments indicate a strong inclination toward acquiring high-value properties that complement his celebrity status.
Conclusion
Drake’s lavish acquisition and subsequent renting of this Beverly Hills mansion reflect not only his personal taste and lifestyle choices but also the ongoing allure of luxury real estate. The property stands as a testament to the Canadian rapper’s success in the music industry, providing him a sanctuary amidst the bustling entertainment world. Whether he chooses to hold onto the estate as a long-term residence or as an investment opportunity, it undoubtedly adds to the narrative of his robust real estate portfolio.
FAQs
What is the price Drake is renting the Beverly Hills mansion for?
Drake has set the rental price for the mansion at $250,000 per month.
When did Drake purchase the mansion?
Drake purchased the mansion in the spring of 2022 for $75 million.
What are some notable features of the mansion?
The mansion features 10 bedrooms, 22 bathrooms, a wine cellar, gym, game room, a large pool, a full-size tennis court, and an indoor/outdoor kitchen with a pizza oven.
Is the mansion still available for sale?
As of early 2024, the mansion has been relisted at the same price of $75 million, but it remains available should a buyer come along.
Where are Drake’s other properties located?
In addition to the Beverly Hills mansion, Drake owns a 50,000-square-foot estate in Toronto’s Bridle Path neighborhood and has recently invested in a luxury resort property in Brenham, Texas.
