Kardashians spend $ 37 million on Britney Spears’ California home

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A $ 37 million property that once housed Britney Spears says “Hit me baby again” – this time to the Kardashians.

Just before Christmas, Khloé Kardashian and Kris Jenner bought neighboring lots for custom homes in Hidden Hills, the upscale LA enclave where they and their famous friends have settled in recent years.

At the time, it was unclear how much the mother-daughter duo paid for the valuable real estate, where Spears’ house once stood before it was demolished. But now Realtor.com records show they have lost a combined $ 37 million for the 3.4-acre property located near the edge of the Upper Las Virgenes Canyon Open Space Preserve.

Khloé paid $ 17 million for a 1.86 acre lot on the same date her mother bought a $ 20 million corner lot and 1.53 acres next door, records show. They bought it from an LLC registered with a small development company called Metro Development Homes, according to records.

Khloé paid $ 17 million for a 1.86 acre lot on the same date her mother Kris Jenner bought a $ 20 million, 1.53 acre corner lot next door, records show.
Juliano / X17online.com
The listing photo shows this proposed home on Jenner's land.  The facade of the house corresponds to the current images of the development.
The listing photo shows this proposed home on Jenner’s land. The facade of the house corresponds to the current images of the development.
Realtor.com
The design was proposed for inscription on the Khloe Kardashian lot.  The facade of the house corresponds to the current images of the development.
The design was proposed for inscription on Khloé’s lot. The facade of the house corresponds to the current images of the development.
Realtor.com

According to the LA Appraisers Portal, an apparent $ 28.3 million of this money goes directly to construction and development costs, since the land is valued at (and has been listed for) less than $ 9 million. .

What could houses include to cost that much? Jenner’s home measures “16,500 square feet, with eight bedrooms and 9.5 baths, and every amenity imaginable – an eight-car garage, covered decks, a guesthouse, a cinema, a bathroom. sports, lounge, office and pool with sunken spa, ”according to Variety.

While we can’t see inside her home (yet), Metro Development Homes recently completed equally expensive homes nearby that look a lot like Kris’ home specs. A Jed Smith Road mansion completed in 2016 features seven bedrooms, 9.5 baths, and 13,900 square feet with marble floors, a cinema, sauna, wine cellar, pizza oven and recording studio .

A Jed Smith Road mansion completed in 2016 has seven bedrooms, nine and a half baths and 13,900 square feet.
A Jed Smith Road mansion completed in 2016 has seven bedrooms, 9.5 baths and 13,900 square feet.
Realtor.com
The similar property on Jed Road has a large two-story marble foyer with an impressive chandelier.
The similar property on Jed Road has a large two-story marble foyer with an impressive chandelier.
Realtor.com

Meanwhile, Khloé’s house, which she allegedly bought with her boyfriend, NBA star Tristan Thomas, measures around 10,000 square feet, but not much else is known about it, according to Variety. Both properties have oversized pools with cabanas, as the photos show, and are designed in the architectural style of a modern farmhouse, according to Variety.

At the time of sale, brokers offered architectural plans and partially completed renderings for a single 18,000 square foot French-style mansion with an 800 square foot guesthouse, a 1,200 square foot cabin with a indoor spa, a nine-car garage and a studio, according to a Berkshire Hathaway Home Services listing.

The Kardashians appear to have counter-proposed two houses on the then-single lot. The lot included mature trees, a pond, and a tennis court (which the Kardashians don’t appear to have kept), according to the listing.

The kitchen at the similar Jed Road property is pictured here.
The kitchen at the similar property on Jed Road.
Realtor.com
The similar house from the same developer has a modern luxury swimming pool.
The similar house from the same developer has a modern luxury swimming pool.
Realtor.com

The Kardashians aren’t the first celebrities to honor the lot – Spears rented the old house on the property in 2011 and 2012 for $ 25,000 a month, according to the LA Times.

It was demolished after the former owner, father of Million Dollar Listing star Tracy Tutor, Ron Tutor, sold the house in 2012. The lot has since remained empty and has landed in the hands of the defunct Scheme. of Ponzi, the Woodbridge Group, before being sold to Metro Development.

The Kardashians aren’t the first celebrities to spruce up the lot – Britney Spears rented the old house on the property in 2011 and 2012 for $ 25,000 a month.Juliano / X17online.com; Getty Images


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