Source: Carmen Mandato / Getty
2024 was an absolute struggle year for Drake as Kendrick Lamar systematically tore down his reputation, credibility, and popularity all in a matter of weeks (just sayin’), and now it seems like 2025 might not be much kinder, as the King of the North is having trouble moving his home out in California.
According to Newsweek, the “One Dance” artist is currently trying to sell his Beverly Hills home, which he purchased in March of 2022 only to put it back on the market in May of 2023. Originally shelling out $75 million for the 10-bedroom, 22-bath mansion, Drizzy was hoping to get back a little something on top and listed it for $88 million. Unfortunately, for him, it doesn’t seem like it’s garnering much interest. And Drizzy might have to take yet another L and sell the estate for a little less than his original asking price even, as Redfin says that median sale price in Beverly Hills is up 19.4% year-over-year.
Per Newsweek:
Redfin estimates that Drake’s house is worth approximately $69 million—about $6 million less than what the rapper paid for the property in 2022 and $19 million less than the current asking price.
The 24,757-square-foot home was initially owned by British singer Robbie Williams, who purchased the property in 2015 for just over $32 million. While Williams made over $42 million in the sale, Drake may have to take a $6 million loss if the home sells at its current $69 million valuation.
“I think it’s a hard sell,” Scott Gorelick, realtor at The Agency RE in Beverly Hills, told Newsweek.
According to Gorelick, Drake’s mansion sits outside the confines of a “true” Beverly Hills location, and those willing to pay that high of a price tag are typically home shopping on Billionaires Row in Malibu, Beverly Hills Proper or Bel Air, California.
Drizzy didn’t even cop a crib in the “true” Beverly Hills?! We’re shocked.
While most homes for sale in Beverly Hills only last roughly two months on the market, Drake’s home has been sitting for 248 days and counting with no buyers in sight as of yet. If Drizzy wants to move that house, he may have to lower his asking price a bit more and take a loss on his original $75 million investment.
Scott Gorelick, realtor at The Agency RE in Beverly Hills, told Newsweek: “…I think the price is closer to $60M in that location. Most of the 20 acres is unusable hillside and the views are not the A+ views that many other locations in Beverly Hills Proper or Bel Air will have. The home is also dated and needs a renovation.”
That Canadian man just can’t catch a break in the States.
