Britney Spears Sells Calabasas Mansion at a Loss in Lightning-Fast Deal

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Pop icon Britney Spears recently sold her Mediterranean-style mansion in Calabasas for $10.1 million, taking a significant financial hit in the process. The sale, completed in a record-breaking seven days, was finalized through an all-cash, non-contingent offer. Despite listing the property off-market for $12 million, the final sale price fell short of the $11.8 million Spears paid for the home less than a year ago.

Bryce Pennel, the listing agent from Compass, emphasized the goal of making the sale “as quickly and painlessly as possible.” With homes in the area typically lingering on the market for over a year, the rapid deal was seen as a pragmatic decision to avoid the risks of carrying costs and further devaluation.

The 11,800-square-foot estate features a blend of luxury and charm, boasting amenities such as a gourmet kitchen, home theater, game room with a mahogany wet bar, walk-in safe, and even a pet wash basin. The property also includes outdoor perks like a mosaic-tiled pool, hot tub, fountains, waterfalls, and a one-bedroom guest house.

Spears reportedly moved out soon after purchasing the home due to privacy concerns. Following her release from a 13-year conservatorship in November 2021, the star has continued to reclaim control over her personal and financial life.

Although she took a loss, Spears prioritized a swift, hassle-free transaction over holding out for a better price—a testament to her desire for simplicity amid ongoing changes in her life.