Superstar Madonna has rid herself of her massive Beverly Hills estate, the one she bought during her marriage to Guy Ritchie and pocketed $8 million in the process.
The singer had only listed the property back in January for $22.5 million and just 10 months later, real estate guru Kurt Rappaport closed the deal for $20 mil. This is actually not bad considering she bought the place in 2003 for $12 mil.
Real estate sources tell that the lucky guy who scooped up the property is a Wall Street big shot.
The mystery buyer is clearly a fan of privacy because the 17,000 square foot property is incredibly secluded with a 500 foot tree-lined driveway and massive trees covering the perimeter of the estate.
The home comes equipped with 15 bathrooms, 9 bedrooms, a 2-story dining room, pool, movie theater tennis court and a gym.
So, where's Madonna going to live now? Reports are that Madonna is on the hunt for a smaller place in L.A. But no worries she still has massive properties in London and New York.
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