PHOTO: Kim Kardashian. FILE
Kim Kardashian, a name synonymous with recognition, has recently concluded the sale of one of her less frequently used residences.
Although its utilization might have been limited, the purchase of this property likely appeared practical initially, as it stands adjacent to an expansive estate she already possesses in Hidden Hills, CA – a locale known for housing numerous A-list individuals, including her own family members and L.A. Rams quarterback, Matt Stafford.
Kim Kardashian Diversifies Portfolio with Real Estate Investment
Back in 2019, the astute entrepreneur acquired this property for $2,975,000. The property made its way onto the market in 2022 with a listing price of $5.3 million, ultimately securing a buyer at the sum of $3.5 million. This four-bedroom, four-bath ranch-style home, sitting on 1.5 acres, boasts a distinctive feature – exceptional horse facilities. Nestled behind gated entryways within an exclusive enclave, the property offers scenic vistas of Ahmanson Ranch state parkland.
(Dimitrios Kambouris/Getty Images for TIME / Realtor.com)
Built in 1957 with a modest profile, the structure spans nearly 4,000 square feet of living space. The interior encompasses a family room graced with wooden flooring, a vaulted ceiling adorned with exposed beams, and a dual-sided fireplace. The kitchen boasts granite countertops, stainless-steel appliances, and a spacious central island.
In addition to accommodating a four-car garage, the premises encompass a lagoon-style pool, a spa, gardens, and a sheltered area for grilling. Directly across the street lies a horse barn equipped with four stalls, a corral, and dedicated spaces for tack and feed.
Kardashian presumably perceived this property as an advantageous extension to her nearby holdings, expanding her overall acreage. Nonetheless, her primary residence remains the sprawling Hidden Hills complex, a property she retained following her divorce from Kanye West.
Originally procured by the couple in 2014 for $20 million, the colossal mansion underwent substantial renovations, reportedly amplifying its value to well over $60 million.
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