The well-known rapper, hit-maker, creator of Beats, and all-around tycoon Dr. Dre is saying goodbye to his beachfront vacation home of more than 20 years.
The house in Malibu that belonged to the 57-year-old Compton native’s ex-wife Nicole Young is publicly being advertised for an even $20 million.
Even if the estate sells for far less than what Dr. Dre bought for it in 2000 ($4.8 million), he will still make a good profit because Malibu home values have increased over the past 22 years.
The three-story mansion is distinctive for a number of additional reasons, such as the fact that it is located on a nearly 7,000 square foot plot of land on Carbon Beach in Malibu, which has developed into one of the most expensive parts of the city.
It is described as a “contemporary beach estate” that “exudes total luxury and sophistication.” Built in the early 1990s, the luxurious home has floor-to-ceiling glass panels that let in natural light and offer views of the river.
After passing through a brief foyer, guests are taken to a large great room that is equipped for entertaining. This area has a lovely stone fireplace and sliding glass doors that open to a coastal balcony that is protected by gates, a courtyard-style approach, and a sophisticated security system.
A recording studio, a sizable gym, an executive office, a main bedroom with a sauna, a sitting area, and a private balcony, a main closet, and five guest bedrooms are among the extra open-concept living spaces. This home is among the larger ones on Carbon Beach, at over 9,000 square feet.
It’s not Dre’s first time trying to sell his Malibu vacation home, which is a short stroll from Nobu Malibu and was occupied by Nicole Young during the contentious divorce between the two people. Around ten years ago, the Pacific Coast Highway property was listed for sale for a few months with an asking price between $11 million and $12.5 million.
In December, Dre allegedly paid Young a $100 million lump sum in divorce proceedings while keeping all of their homes for himself, including the $40 million Brentwood estate he purchased from Tom Brady and Gisele Bundchen, the $40 million Malibu mansion, and two Calabasas mansions. According to Forbes, he currently has a $400 million net worth.
Kurt Rappaport of Westside Estate Agency is the owner of the listing.
Dr. Dre’s Mɑnsion Parɑdise is a valuable and highly sought-after villa in Malibu Sea with the most luxurious beauty and the atmosphere here is also the factor that makes many people look at this paradise villa.