After more than two decades, the hip-hop legend has decided to sell his seaside property. According to Dirt.com, Dre has offered the beachside home, which he purchased in 2000 for roughly $4.8 million, for $20 million.
The three-story mansion, which was constructed in the early 1990s, is situated on a nearly 7,000-square-foot lot on Carbon Beach in Malibu, often known as “Billionaire’s Beach.” It has floor-to-ceiling glass walls, a gated courtyard, and a kitchen with high-end stainless appliances.
The roughly 9,000-square-foot contemporary estate has five guest bedrooms, a sitting area and private terrace, a recording studio, a gym, and a master suite with a fireplace. One of the bigger properties on Carbon Beach has a balcony that looks out into the sand.
The opulent residences, which are close to Nobu Malibu, were most recently occupied by Dr. Dre’s ex-wife Nicole Young during their highly publicized divorce. Ten years ago, Dre made an attempt to sell the home with an asking price of between $11 million and $12.5 million.
The 57-year-old billionaire, who has a $400 million net worth, reached a divorce settlement and promised to give his ex-wife $100 million in December. He will keep the homes he purchased from Tom Brady and Gisele Bundchen, including the Malibu home, two houses in Calabasas, and a $40 million Brentwood estate.
