Katy Perry can mark one New Year’s resolution off her list early.
After months on the market, the acclaimed songstress has sold her compound-estate in the Hollywood Hills. However, much like the sale of Reese Witherspoon’s Ojai retreat, it meant taking a loss on the home to do so.
Perry originally paid $6.5 million for the Spanish-style estate, which features seven bedrooms, nine baths and a whopping 8,835 square feet. She originally aimed to turn a profit on the three-story home after listing it for $6.925 million in April. However, the Los Angeles Times reports the singer took nearly a $1 million loss on the property after selling for $5.565 million.
Overlooking the Sunset Strip on a three-acre parcel in Laurel Canyon, the fortress-like property known as “Park Hill” is said to be a combination of state-of-the-art security and modern convenience.
Outside, extensively landscaped grounds feature an outdoor patio and a lagoon-like pool, while the property swells from mansion to compound status with a pair of separate guest houses and a carriage house with auto storage.
The main home opens to a stone foyer with a handsome staircase, and it has a two-story living room, a pub and a home theater.
Perry followed up her April listing with a fireworks display of multimillion-dollar purchases, including the home of Bruce Springsteen drummer and former Conan O’Brien bandleader Max Weinberg. The total on Perry’s spending spree? A cool $11.2 million.
Born and raised in Santa Barbara, the 29-year-old entertainer enjoyed a breakout year in 2007 with the single, “I Kissed a Girl.” The song helped push her debut album, “One of the Boys,” into the Billboard Hot 100 chart’s Top 10. She has since produced two other studio albums, including the 2013 record “Prism,” which debuted at No.1 on the Billboard 200.
Ernie Carswell and Christopher Pickett of Teles Properties Beverly Hills had the listing. David Coe of Keller Williams represented the buyer.
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