Drew Barrymore sold her Hollywood Hills home in 2018; nearly 4 times its price
Actress Drew Barrymore sold her Hollywood Hills estate in 2018 for $16.5 million, nearly four times the $4.35 million she paid for it in 2002. The private sale concluded her 16-year ownership of the midcentury property.
Why it matters
The transaction highlights the significant appreciation of luxury real estate in the Los Angeles market over a long-term holding period.
Drew Barrymore held on to her Hollywood Hills home for 16 years before selling it for $16.5 million in 2018, bringing a substantial return on a property she had bought for just over $4.35 million, as reported by Los Angeles Times. The actress acquired the house in 2002, following damage to her previous home caused by a fire. By the time she parted with the estate, the property had become a long-held part of her residential history in Los Angeles. The sale was completed privately, without the home being advertised through the Multiple Listing Service, and public records confirmed the final price.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in