Categorized | Residential

Home Once Rented by Britney Spears Hits the Auction Block

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In what has become a somewhat recent trend, another ultra-luxury home has hit the auction block. The home, known as Chateau Suenos, is attracting more media attention than usual because Britney Spears rented it for the past two years. The opening bid for the residential real estate property is at roughly four and a half million dollars.

Chateau Suenos is located in Calabasas, California, which is an area highly populated by celebrities. Britney Spears chose to rent the home in order to escape the paparazzi after a bit of a breakdown in 2009. The residential real estate property features seven bedrooms, seven bathrooms, and such added luxuries as a home theatre, an elevator, and maids’ quarters. It also features a guesthouse, pool, spa, and an underground garage. It was initially listed for sale in April for over ten million dollars. However, the lack of buyers has now brought the property to auction.

Analysts believe that the buyer of the home will be, like Spears, a celebrity. The home is a perfect choice for those looking to escape constant harassment from the paparazzi because it has two security gates. In an essence, the house was actually built with celebrities in mind.

Spears lived in the home for more than two years following her emotional breakdown. She actually added over seven hundred thousand dollars in upgrades herself during that time period. The house will be auction through Sotheby’s International Reality and Premiere Estates Auction Company. The owner of the home will likely sell the home at a loss, though he has expressed that taking a loss on the property is not of great concern.

 

 

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About Josh Johnson

Josh is the main writer for the Residential category. He also helps out on other categories when needed, mainly the International section.

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