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John Fogerty Acquires Sylvester Stallone's Hidden Hills Ranch For $17.2M

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SOLD
$17,200,000

California

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Single Family10,460 SF
Sold 10/10/2023
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Property Image
SOLD

John Fogerty Acquires Sylvester Stallone's Hidden Hills Ranch For $17.2M

Single Family10,460 SF
Sold 10/10/2023
Contact now

Summary

Asset Type:Single Family
Price Per Square Foot:$1,644
Total Square Footage:10,460 SF
Transaction Type:Sale

John Fogerty, of Creedence Clearwater Revival fame, has purchased Sylvester Stallone's Hidden Hills ranch for $17.2 million. The 2.2-acre property is located in the prestigious market of Hidden Hills and boasts a main house, guesthouse, horse barn, and extensive gardens. The property offers a highly private setting for its new owner.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $17,200,000
  • Market: Hidden Hills
  • Acres: 2.2

John Fogerty will now be the proud owner of this beautiful ranch, while Sylvester Stallone has successfully sold his property. The transaction took place on 10/10/2023, and the sale price of $17.2 million was below the original asking price of $22.5 million. This deal showcases the successful endeavors of both buyer and seller in the Hidden Hills market.

Players

2 deals$25.2M volume
BUYER

3 deals$70.8M volume
SELLER

Details

SOLD
IMAGE: John Fogerty & Sylvester Stallone DATE: 10/10/2023 MARKET: Hidden Hills ASSET TYPE: Single Family ~ ACRES: 2.2 BUYER: John Fogerty (@JohnFogerty) SELLER: Sylvester Stallone (@OfficialSlyStallone) SALE PRICE: $17,200,000 SF: 10,460 ~ PPSF: $1,644 NOTE: John Fogerty, of Creedence Clearwater Revival fame, has bought Sylvester Stallone's Hidden Hills ranch for $17.2 million, below the $22.5 million asking price. The 2.2-acre property features a main house, guesthouse, horse barn, and extensive gardens in a highly private setting.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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