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Adele buys Sly Stallone’s Beverly Hills estate after £43m price cut

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E

ven by global megastar Adele’s standards, being able to splash out £48 million on a single home is no mean feat.

Having already amassed a spectacular property portfolio that includes three adjacent homes in California’s upscale Hidden Valley, the Easy on Me singer has added another Beverly Hills estate to her collection.

And, all things relative of course, what a bargain it has turned out to be.

Hollywood actor Sylvester “Sly” Stallone listed his home for sale for an astonishing $110 million (£90 million) in January last year and now rumour has it Adele and her boyfriend sports agent Rich Paul have spent around £43 million ($52 million) less than the Rocky star’s original asking price.

Even at its greatly reduced price, the latest buy has almost doubled Adele’s portfolio value in one transaction.

The six-bedroom home sits in the North Beverly Park enclave, a short drive from Adele’s Hidden Valley compound.

Stallone’s memorabilia room famously featured a life-size Rocky statue but it’s not known whether that was included in the sal. Adele recently revealed her most prized possession is a framed piece of Céline Dion’s used chewing gum gifted to her by Late Late Show host and friend James Corden.

It remains to be seen whether the pop queen has spent £47.6 million ($58 million) on Stallone’s former home purely because she’s a fan of his work, but the Rolling in the Deep star revealed in a Vogue interview in November that many of her pandemic workouts took place while movies played on the gym TV and the Rocky series was a favourite.

A life-size Rocky statue sits in the actor’s memorabilia room

/ Hamptons

The vast home being sold by Stallone has a professional movie screening room, a cigar room with air-filtration system and a custom bar.

In addition to the main Mediterranean-style house there’s a two-bedroom guesthouse, a gym, infinity pool and eight-car garage with art studio, all on a plot of 3.5 acres.

Since listing his North Beverly Park home for sale, Stallone has bought a $35 million Bermuda-style estate in Florida

/ ES Composite

Denzel Washington, Mark Wahlberg and the Biebers are among the celebrity locals in North Beverly Park.

While a short drive away in Hidden Valley, where Adele added former next-door neighbour Nicole Richie’s home to her collection in only June last year, the A-list crowd includes Cameron Diaz, Penelope Cruz and Javier Bardem, Nicole Kidman and Keith Urban, and Ashton Kutcher and Mila Kunis.

Adele’s property portfolio spans from Kensington in west London to three — potentially now four — homes in Beverly Hills

/ Adele / Instagram

Sylvester Stallone has reportedly swapped the mega estate for a $35 million (£26 million) Bermuda-style estate surrounded by palm trees in Florida.

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