Serena Williams’ $8.1m Bel-Air estate: Why did she sell it for less?
Tennis star Serena Williams sold her Bel-Air estate for $8.1 million in 2019 after a lengthy sales process. Although the final price was lower than her initial $12 million asking price, it still represented a profit over her 2006 purchase price.
Why it matters
The sale highlights trends in high-end luxury real estate and the personal lifestyle shifts of high-profile celebrities.
Serena Williams sold her long-held Bel-Air estate for $8.1 million in April 2019, ending a sale process that lasted about 18 months. The tennis star had bought the property in 2006 for $6.612 million and first listed it in late 2017 for $11.995 million, or nearly $12 million. The 1935-built home sits on about 2.7 acres and has 6,101 square feet of living space, six bedrooms and seven bathrooms. Williams later reduced the asking price to $9.995 million, but the property eventually changed hands for $8.1 million, giving her a gross gain over what she originally paid.What did Serena Williams pay for her Bel-Air estate in 2006Serena Williams bought the Bel-Air property in 2006 for $6.612 million, according to property records reported by The Washington Post.
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