Mark Wahlberg sells lavish Beverly Hills mansion for 55 million

Mark Wahlberg sells lavish Beverly Hills mansion for $55 million – $25 million BELOW original asking price

By Stephen M. Lepore For Dailymail.Com 19:59 17 Feb 2023, updated 21:24 17 Feb 2023

  • Wahlberg sold his amazing 12-bedroom, 20-bathroom Beverly Hills mansion
  • He originally launched it in April 2022 for $87.5 million
  • Wahlberg leaves criminal California to open a studio in Nevada

Actor Mark Wahlberg has sold his longtime Los Angeles home for just over $55 million, over $30 million below the original asking price, as he departs in favor of Nevada to eventually build “Hollywood 2.0” in Sin City .

Wahlberg put his amazing 12-bedroom, 20-bathroom Beverly Hills mansion on the market in April 2022 for $87.5 million. TMZ reported the sale price to an unknown buyer as just over $55 million.

Though Wahlberg had lived in his Beverly Hills mansion for more than a decade, he described his time in California almost as if it was a missed opportunity.

“I want to be able to work from home. I moved to California many years ago to pursue acting and I’ve only done a few films in the entire time I was there,” he explained. ‘Being able to give my kids a better life and to pursue and pursue their dreams, be it my daughter as a horse rider, my son as a basketball player, my younger son as a golfer, that made a lot more sense to us.’

Wahlberg – who shares Ella, 19; Michael, 16; Brendan, 14; and Grace, 12, with his wife Rhea Durham, 44 – may only have been referring to films filmed near his home or in California, as he has appeared in around 30 films since purchasing his Beverly Hills property in 2009 played along.

Actor Mark Wahlberg has sold his longtime Los Angeles home for just over $55 million, over $30 million below the original asking price, as he departs in favor of Nevada to eventually build “Hollywood 2.0” in Sin City

It comes as many celebrities have left California because of taxes, rising crime in big cities, and the state’s notorious homelessness problem. The likes of Elon Musk, Joe Rogan, Ozzy and Sharon Osbourne and Matt Damon have all gone in recent years.

Wahlberg told The Talk in October that he had moved to Nevada in hopes of receiving a tax credit that would make it easier to start his planned film studio.

Many celebrities have settled in the state, and musicians such as Celine Dion, Criss Angel, The Osmonds, Imagine Dragons and David Copperfield have settled there to take part in lucrative Vegas residencies.

It comes as Vegas has exploded in recent years, with both the NFL and NHL expanding or moving teams to brand new arenas and stadiums in the city, and MLS and the NBA (possibly aided by LeBron James) establishing a base in Sin City than check So.

Wahlberg wasn’t afraid to admit that his move from California was about taxes, although he did focus on how it would affect his business.

He added that he hopes to set up a film studio, as well as a “shoe factory” and a “factory for [his clothing line] Urban.’

“So we came here to just give ourselves a new look, a fresh start for the kids, and there’s a lot of opportunity here, so I’m really excited about the future,” he said.

Change of scene: Mark Wahlberg, 51, opened up about moving from Los Angeles and uprooting his family to Nevada during an appearance on The Talk on Tuesday to give them a ‘better life’; seen in 2015 Elegant: Guests to the home are greeted in style via a stunning two-story entrance and grand foyer with double staircases and elegant paneling on the walls Moving into the home gave it a more down-to-earth, lived-in feel Wahlberg noted that he was in the Hoping to get a tax credit, moved to Nevada to help set up his proposed film studio

He previously explained that his desire to work closer to home stems from being a homebody whenever possible.

“Every free minute I have, I’m at home,” he said.

Back in August, Wahlberg bought a 7,327-square-foot, two-story townhouse in Las Vegas for $14.5 million, according to the Las Vegas Review-Journal.

The townhouse is part of the Summit Club which offers a golf course and many other luxury properties. The purchase marked his second purchase in the affluent Las Vegas community, having previously purchased 2.5 acres for $15.6 million in July 2022.

Speaking to Beyond TV’s Lights, Camera, Vegas show in August, he was already describing Vegas as his “hometown.”

“We want to create lots of jobs and lots of excitement. Hollywood 2.0,” he said.

The Boogie Nights star opened a location for his grocery chain Wahlburgers in Vegas back in 2017.

It’s not yet known if his massive Beverly Hills mansion has found a buyer yet, and its massive size and high price are likely to put off all but the wealthiest and most dedicated.

Wahlberg’s recently abandoned LA home occupies a striking 30,500 square feet on a 267,335 square foot lot with a gate located just below iconic Mulholland Drive.

He was in good company at the site, with many celebrity neighbors including Denzel Washington, Sylvester Stallone, Justin Bieber, Eddie Murphy, Samuel L. Jackson and even Lisa Vanderpump.

Wahlberg has already made two purchases in the Silver State, a $15.6 million, 2.5-acre lot in an exclusive area he plans to build on, and a $14.5 million bungalow (pictured ) where he can reside when construction begins

Guests are welcomed in style through an impressive two-story entrance and a grand foyer with double staircases and elegant wall paneling.

Much of the house featured elegant marble floors, but a darker hardwood floor further inside gave it an earthier, lived-in feel.

The mega-mansion’s ample space made it a summer paradise, as Wahlberg built a grotto with gorgeous pools that would have been right at home in a theme park.

The Happening actor’s youngest son, Brendan, is an aspiring golfer, and it was easy for the two to hit a few holes together as Wahlberg had a small course built on the property, complete with rolling hills and sand traps.

Although based on the West Coast in recent years, Wahlberg is originally from Boston, Massachusetts.

Famous Faces: He was in good company on location, with many celebrity neighbors including Denzel Washington, Sylvester Stallone, Justin Bieber, Eddie Murphy, Samuel L. Jackson and even Lisa Vanderpump. Perfect spot: The Happening actor’s youngest son, Brendan, is an aspiring golfer, and it was easy for the pair to hit a few holes together, as Wahlberg had a small course built on the property, complete with rolling hills and sand traps was. The huge, expensive Nevada lot is exclusive to Summit Club, where Wahlberg hopes to start construction

Los Angeles’ wealthiest residents are fleeing the city as Gov. Gavin Newsom hikes taxes on the wealthy and the city collapses under rising crime rates — with actor Jim Carrey, the latest A-lister, to put his house up for sale.

Carey, 61, who bought his Brentwood mansion for $3.8 million in 1994, listed his home for a whopping $28.9 million after announcing his plan to retire from acting.

In a statement to The Wall Street Journal, Carey said he no longer spends much time at the property and is ready for “cha cha cha cha … change,” referring to the David Bowie hit. It is unclear whether Carey will remain in Los Angeles.

It’s unclear if Carey will remain in Los Angeles, but will there be anyone wanting to enjoy it as several other entertainment icons leave?

According to the LA Times, the state of California lost over 500,000 residents between 2020 and 2022. It’s the country’s fourth-largest decline in that time, behind New York, Illinois and Louisiana.

Not only is California lawmakers pushing for legislation that would impose a new tax on the state’s wealthiest residents, there’s also a rising crime and homelessness problem that’s prompted these celebs to flee: