Tyler Perry bought Beverly Hills land for $4.3m; 22.5-acre estate now asks $57m
Tyler Perry is selling his Beverly Hills compound for $57 million, a significant increase from the $4.3 million he paid for the land in 2004. The estate gained fame as a temporary residence for Prince Harry and Meghan Markle in 2020.
Why it matters
This highlights the appreciation of luxury real estate in Southern California and the intersection of celebrity culture with high-end property markets.
For more than a decade, Tyler Perry’s Beverly Hills estate has been a private address for one of Hollywood’s biggest names and a temporary refuge for some of its most famous guests. Now, the sprawling property is heading for a new chapter. Perry has listed the 22.5-acre estate for $57 million as he prepares to move to Puerto Rico and spend less time in California.The listing marks a remarkable rise in the property's value. Perry bought the Beverly Hills land in 2004 for $4.3 million, eventually transforming it into a sprawling Mediterranean-style compound completed in 2012, states an online report by the New York Post.A mansion at the centerAs per the report, set inside the gated Beverly Ridge Estates community, the property is anchored by an approximately 24,500-square-foot Tuscan-style mansion. The eight-bedroom, 12-bathroom residence combines the scale expected of a Hollywood trophy home with traditional Mediterranean influences.
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