Why Did Justin Bieber Buy in Beverly Park? A Huge Discount Didn't Hurt!
Pop star Justin Bieber and his wife, model Hailey Baldwin, just bought a posh property in the Beverly Park neighborhood of Beverly Hills, CA, for $25.8 million, according to Variety.
The high price is actually a serious discount from when the property debuted on the market two years ago. At a list price of $42 million, it was our most expensive new listing of the week.
Built in 1988, the estate was completely renovated before its April 2018 debut. At the time, listing agent Christopher Dyson called it “reimagined to an exacting standard.
"North Beverly Park is one of the most prestigious enclaves in Los Angeles," says Tomer Fridman of Compass. "Being behind gates, surrounded by discreet and high-end neighbors, and having the luxury of secluded, large-lot estates comes at a premier value."
Bieber is just the latest celebrity to put down roots in the exclusive enclave, which has reportedly been home to folks such as Denzel Washington, Sylvester Stallone, and Sofia Vergara.
Located in the southern section of Beverly Park, Bieber's home is close enough for the couple to borrow a cup of sugar from the likes of Samuel L. Jackson, Magic Johnson, and Prince Alex von Furstenberg, according to Variety.
