Times of India·2 min read·easy

Adele rebuilds Stallone's $58M Beverly Park mansion she bought in 2022

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Adele rebuilds Stallone's $58M Beverly Park mansion she bought in 2022
AI Summary

Singer Adele has undertaken a massive renovation of the $58 million Beverly Park mansion she purchased from Sylvester Stallone in 2022. While the original structure was largely demolished, Adele insisted on keeping a bronze Rocky Balboa statue as a condition of the sale.

Why it matters

The project highlights the extreme luxury real estate market and the trend of high-net-worth individuals completely rebuilding existing estates to suit personal preferences.

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Adele has completely torn down and rebuilt the Beverly Hills compound she bought from actor Sylvester Stallone, turning the 3.5-acre estate into a custom home while keeping a bronze statue of Rocky Balboa. The singer bought the 1,700-square-metre property in the gated Beverly Park community in 2022 for $58 million (£46 million). The house was originally listed for $110 million before Stallone lowered the price, according to the Los Angeles Times. Despite the major changes, the bronze sculpture near the infinity pool has stayed in place.Demolition work begins at Beverly ParkAerial photos published by celebrity news outlet TMZ showed construction workers stripping the eight-bedroom, 11-bathroom house down to its foundations. The entire second floor, interior walls, and traditional Mediterranean-style exterior were removed as part of the complete rebuild. According to local property records, the original house was built in 1994 after Stallone bought the land.

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