Business
Adam Levine lists prized Palisades compound for $57.5 million
Maroon 5 frontman Adam Levine and his spouse, mannequin Behati Prinsloo, are chasing historical past in Pacific Palisades, itemizing their prized compound for $57.5 million.
In the event that they get their worth, it’ll be one of the costly gross sales the coastal neighborhood has seen. The present crown belongs to mega-mansion developer Ardie Tavangarian, who offered a spec home final yr for $83 million.
Levine and Prinsloo are the newest in an extended line of celebrities to personal the property, which covers greater than three acres of personal, park-like grounds. They purchased it from Ben Affleck and Jennifer Garner for $31.95 million in 2018, and earlier than that, it was owned by prolific actor Gregory Peck and Oscar-winning producer Brian Grazer.
Whereas the value is $25 million greater than what Levine and Prinsloo paid for it, the spike displays a extra aggressive market and in addition a major rework that the couple oversaw throughout their keep. No strangers to flipping properties, they purchased a Beverly Hills mansion for $33 million in 2018 and flipped it to Ellen DeGeneres a yr later for $45 million.
If the Palisades property seems to be acquainted, that’s as a result of it was featured in Architectural Digest’s “Open Door” collection. Throughout the 10-minute function, the couple showcased the art-filled property, which facilities on a 9,000-square-foot ranch-style dwelling designed by Midcentury architect Cliff Might.
It’s certainly one of three constructions on the compound. There’s additionally a four-bedroom guesthouse and a separate constructing with a gymnasium, workplace and yoga studio.
Reached by an extended, winding driveway lined with towering timber, the principle home options 5 bedrooms and eight loos full with plaster partitions, heat wood flooring and metal home windows and doorways. For facilities, there’s a Dolby movie show, recreation room, marble bar, stone rest room and walk-in fridge.
The highlights proceed outdoors, the place strolling paths result in a swimming pool and spa, basketball court docket, fireplace pit and rooster coop.
Levine, 43, is the lead vocalist and guitarist for Maroon 5. The Grammy-winning pop-rock group’s hits embrace “She Will Be Liked,” “This Love” and “Strikes Like Jagger,” and their seventh studio album, “Jordi,” was launched final yr.
Prinsloo, 33, has been featured in advert campaigns for scores of luxurious manufacturers together with Juicy Couture and Tommy Hilfiger.
Kurt Rappaport of Westside Property Company holds the itemizing.