Dwyane Wade and Gabrielle Union have already moved on to larger digs in Hidden Hills, so selling off their Sherman Oaks estate was a formality at this point. But the couple was reportedly unable to recoup their initial investment as the recent sale price of $5.5 million is $500,000 under their 2018 purchase price.
According to the Forbes exclusive, the 8,650-square-foot villa features five bedrooms, eight-and-a-half bathrooms, movie theater, wine room, wet bar and elevator. Built in 2017, the Mediterranean-inspired estate covers three-quarters of an acre.
Despite the loss, this ranks as the second-highest sale recorded this year in Sherman Oaks. Anna Marie Simpliciano of Hilton & Hyland held the listing with Althea Bowman.