It appears this attempted flip was a flop for Sylvester Stallone. The actor hoped to offload his pandemic-era Hidden Hills purchase for $22.5 million, but following price changes and a relisting, the property has now sold for $17.2 million. That means Stallone took a near $1 million loss on the sale.
Stallone bought the home just after selling his Beverly Hills megamansion for an incredible $58 million to superstar Adele, while he also maintained residence in Florida.
The Hidden Hills listing features four bedrooms across more than 10,400 square feet of living space. The aesthetic blends English country estate with Hamptons casual elegance, boasting walls of glass and skylights. Amenities include a gourmet kitchen, media room, spa-inspired primary bath, dual master closets, a gym, massage facilities and a wine cellar with tasting room.
The resort quality grounds also boast a custom pool, cabana/pool house, outdoor kitchen, fruit orchard with a large variety of trees and a massive amount of all new drought resistant landscape
Joan Louis with Berkshire Hathaway HomeServices California Properties held the listing while Marc Shevin, also with Berkshire Hathaway, repped the buyer.