Mark Wahlberg and his wife, Rhea Durham, have sold their Beverly Park estate for $55 million. The couple purchased the property for about $8.25 million in 2009 and had a chateau-style mansion built.
In Early 2022, Actor Mark Wahlberg has decided to leave Los Angeles, his long-time home, and move to Nevada. In an interview on Tuesday for The Talk, Wahlberg mentioned that he is leaving California for Nevada in hopes of giving his children a “better life.” He stated that Nevada is a tax-free state, which is why he made the decision to move.
Wahlberg has already purchased two properties in Nevada. One is a 2.5-acre block of land in an exclusive area that he bought for $15.6 million. He plans to build a movie studio on this land. The other property is a $14.5 million bungalow that he bought to live in while construction begins.
Exodus of celebrities from California
Many celebrities are leaving California because of the rising crime in major cities, taxes, and the state’s homeless problem. Wahlberg is not alone in this trend. Wahlberg moved to Nevada to get a tax credit that would ease the creation of his proposed film studio. His hope is that after the gubernatorial election, they will go to legislation and pass a bill that would give tax credits for the state. His ultimate goal is to build a state-of-the-art studio and make Nevada Hollywood 2.0.
Luxurious and extravagant mansion
A luxurious and extravagant mansion located in the exclusive Beverly Park area of Los Angeles has recently been sold for a whopping $55 million by Hollywood celebrities Mark Wahlberg and Rhea Durham, according to the local multiple listings service. The power couple, who have been married for over a decade, are known for their real estate investments, and their Beverly Park estate is undoubtedly one of their most impressive investments to date.
The property spans over 30,000 square feet and sits on a vast 6-acre lot. It features a main house, a guest house, and a stunning pool area with an adjacent pool house. The main house has six bedrooms, ten bathrooms, a home theater, a gym, a wine cellar, and a sauna. The guest house is equally impressive, with two bedrooms, two bathrooms, and its own private kitchen and living room.
The sprawling lawn and manicured gardens provide a perfect spot for the couple’s children to play, and the property is secured by a gated entrance and a state-of-the-art security system. The outdoor entertainment area, complete with a barbecue grill and a fire pit, adds to the overall luxury of the property.
The couple reportedly spent over $2 million on upgrades and renovations, including installing a new security system, landscaping the gardens, and updating the interiors with state-of-the-art appliances and fixtures. The property is a testament to their luxurious lifestyle and impeccable taste in real estate.
The estate was first listed for $87.5 million in April 2022 but was lowered to $79.5 million in November. Records show that Mr. Wahlberg and Ms. Durham bought the property for about $8.25 million in 2009 and commissioned the construction of a chateau-style mansion. The buyer’s identity remains undisclosed.
The estate spans about 30,500 square feet with 12 bedrooms on 6.2 acres and features a two-story entryway with a double staircase, a grand living room with a series of arched doorways, and a wood-paneled library with a second-level balcony. The lower level contains a home theater, a professional gym, a wine-and-cigar cellar, and a smoking lounge.
The grounds include a five-hole golf course and driving range, a sports court, a resort-like grotto pool, and a skate park, making it a haven for those who appreciate the finer things in life. Carl Gambino of Compass and Kurt Rappaport of Westside Estate Agency represented the sellers in the deal, while Ginger Glass of Compass represented the buyer.
Mark Wahlberg, known for his passion for physical fitness, has starred in numerous films such as “The Fighter” and “The Departed.” The couple’s Beverly Park estate is not just a place to live but also a statement of their success in the entertainment industry, and its sale is yet another testament to their impeccable taste in real estate.