The Weeknd, his real name known as Abel Tesfaye, recently made headlines with his stunning purchase.
He dropped an incredible $70 million on a massive mansion in Bel-Air, making it one of the most expensive sales in Los Angeles this year.
This 33,000-square-foot property is not just a home but a slice of paradise, loaded with luxurious features.
What makes this mansion truly special? It’s not just the size or the price tag. The property sits on a sprawling 1.6-acre plot, offering ample privacy and space to entertain guests or simply relax.
Previous Real Estate Ventures
Before the $70 million Bel-Air mansion, The Weeknd owned several other properties.
In 2017, he purchased a Hidden Hills estate for $18 million, which featured 9 bedrooms and 11 bathrooms. This home included a music lounge, gym, and a saltwater pool, reflecting his taste for luxury.
He sold this Hidden Hills property in 2020 before moving on to bigger ventures. His portfolio also includes penthouses and upscale condos, signifying his preference for prime real estate.
Inside the Bel-Air Mansion
The Weeknd’s $70 million Bel-Air mansion boasts a stunning architectural design, a wide array of luxurious amenities, and an impressive collection of art and decor that adds to its grandeur.
Architectural Design and Ambiance
The mansion sits on a sprawling 1.6-acre plot in the Bel-Air Country Club area. Built in 2002, this over 18,000 square foot estate stands out with its elegant yet modern architecture.
Luxurious Amenities and Features
The mansion features 8 spacious bedrooms and 11 bathrooms, providing ample space for guests. A private recording studio is a standout, perfect for The Weeknd’s musical endeavors.
There’s also a state-of-the-art home theater, a fitness center, and multiple entertainment lounges. The kitchen is equipped with high-end appliances, making it a chef’s dream.
For relaxation, the spa room and sauna offer a tranquil retreat. The expansive outdoor area includes a BBQ area, dining space, and a rooftop terrace with stunning views of Los Angeles.
The Purchase
The Weeknd negotiated an off-market deal for the mansion, bypassing the public market. This strategic move can often result in securing a property without the intense competition of an open listing.
The mansion itself, sprawling over 33,000 square feet, includes state-of-the-art amenities and luxurious features. This property had previously been owned by Dutch media mogul Reinout Oerlemans.
Securing the mansion for $70 million makes it one of the most expensive residential purchases in Los Angeles this year. The negotiation process likely involved high-level discussions and a keen understanding of the property’s unique value in this prime real estate market.
Market Comparison
When looking at other properties in Bel-Air, it’s clear this mansion stands out. Bel-Air is known for its opulent homes, but few transactions reach the $70 million mark.
For comparison, other luxurious homes in the area range significantly in price based on size, historical significance, and modern amenities. While some properties fetch upwards of $100 million, many high-end homes sell closer to the $30-$50 million range.
This purchase not only highlights The Weeknd’s growing investment in real estate but also underscores the premium status of this particular mansion within the competitive Bel-Air market. The multi-million dollar deal places him among an elite group of homeowners in one of the most sought-after neighborhoods in Los Angeles.
