Britney Spears 'suffers nearly $2M loss on her Calabasas mansion'
Britney Spears ‘suffers nearly $2M loss on her Calabasas mansion as she accepts $10.1M final offer… after initially listing it for $12M’
Britney Spears will reportedly be suffering a financial loss on the sale of her Calabasas mansion as she has accepted an offer $2 million less than her initial asking price.
The pop singer, 41, originally listed her luxurious digs for $12 million – but has accepted an offer of around $10.1M, $1.7M less than what she was hoping for, according to TMZ.
Britney and her husband Sam Asghari, 28, purchased the luxurious residence last year for $11.8M before putting it back on the market just six months later.
The Stronger singer felt ‘too exposed’ living at the mansion, according to TMZ.
The buyer is reportedly a personal injury lawyer based in Texas.
Sold: Britney Spears will be suffering a financial loss on the sale of her Calabasas mansion as she has reportedly accepted an offer $2 million less than her initial asking price
At the time it emerged she had decided to part ways with the home, TMZ reported it was because she hadn’t ‘fallen in love’ with it.
Britney snapped up the stunning Californian mansion on June 14 2022 and was said to ‘love’ the $11.8million pad as it was important to own her home without approval after her 13-year conservatorship.
The popstar will still have her lavish Thousand Oaks mansion to fall back on, which she purchased back in 2015 for $7.5million. According to TMZ, she currently lives at that property.
In July, Britney told how her latest abode was ‘still in renovation’ and referred to her Thousand Oaks estate as her ‘old home’.
The home is right down the street from her ex-husband Kevin Federline and their two boys Sean, 17 and Jayden, 16.
Her spacious new six-bedroom house, which used to be owned by Justin and Hailey Bieber, is over almost 12,000 square feet and sits on 1.6 acres, according to Pop Crush.
Located in the Estate At The Oaks neighborhood, the new pad is decked out with custom chandeliers, a wine cellar, a movie theater and a pool with waterfalls and a water slide.
Her new neighbors included fellow newlyweds: Travis Barker and Kourtney Kardashian Barker.
Putting it back on the market: Britney and her husband Sam Asghari, 28, purchased the luxurious residence last year for $11.8M before putting it back on the market just six months later
XOXO: Spears and her husband Sam Asghari tied the knot last year
Shortly after she bought the home, People magazine reported: ‘Britney loves her new house. She picked it out with Sam.
‘She wanted a fresh start with Sam. It’s been very important to her to have a home that she picked up without having to ask for approval from [dad Jamie Spears].’
The singer’s nearly-14-year-long conservatorship under the control of her father Jamie Spears was finally terminated in November 2021.
The news comes shortly after Britney fired back at claims that loved ones staged a failed intervention over fears she ‘might die’ amid alleged mental health struggles.
She said it was completely untrue and that she was considering stepping back from Instagram because ‘there’s obviously a lot of people who don’t wish me well.’
End of an ordeal: The singer’s nearly-14-year-long conservatorship under the control of her father Jamie Spears was finally terminated in November 2021
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