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Kylie Jenner Buys Miley Cyrus & Kylie Jenner Hidden Hills Development Site For $15M

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SOLD
$15,000,000

California

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MultiFamily18,000 SF
Sold 05/05/2020
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SOLD

Kylie Jenner Buys Miley Cyrus & Kylie Jenner Hidden Hills Development Site For $15M

MultiFamily18,000 SF
Sold 05/05/2020
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Summary

Asset Type:MultiFamily
Price Per Square Foot:$833
Total Square Footage:18,000 SF
Transaction Type:Sale

Miley Cyrus & Kylie Jenner have completed a real estate transaction in Hidden Hills. The property involved in the deal is a development site. The purchase was made by Kylie Jenner, who acquired the property for a price of $15,000,000. The site includes an 18,000 square foot main house and a 1,200 square foot guest house.

Summary of transaction details

  • Property Type: Development site
  • Transaction Amount: $15,000,000
  • Market: Hidden Hills

Miley Cyrus, who previously owned the lot, used it as an equestrian estate to store her horses. In 2018, she sold the property for $5,000,000. The current seller obtained approval to construct an 18,000 square foot main house and a 1,200 square foot guest house on the site.

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Details

SOLD
IMAGE: Miley Cyrus & Kylie Jenner DATE: 05/05/2020 MARKET: Hidden Hills ASSET TYPE: Development site BUYER: @KylieJenner PRICE: $15,000,000 BSF: 18,000 (Main house) + 1,200 (Guest house) NOTE: @MileyCyrus formerly owned the lot, and used it as an equestrian estate to store her horses. She then sold the property in 2018 for $5M. The current seller gained approval to build an 18,000 SF main house, and a 1,200 SF guest house.

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