KYLIE Jenner has amassed an $80million real estate portfolio, which includes her Beverly Hills mansion as well as her Palm Springs vacation home.
The makeup mogul is in the process of having a new mansion constructed between her momKris Jenner and her sisterKhloe Kardashian’s Hidden Hills homes.
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Kylie, 25, has purchased properties throughout Southern California with his most recent one being built on a $15million plot of Los Angeles real estate.
HIDDEN HILLS HIDEOUT
This week, new aerial photos showed that the house is well into the construction process.
The snapshot captured the structure of the new building, which featured the foundations and beams that have all been laid for the multistory home.
The mansion is expected to encompass 18,000 square feet, making it one of the largest homes in the luxurious Calabasas suburb.
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The plot was previously owned byMiley Cyrus, 30, who bought the house that once sat on the land in 2015.
However, the following owner who purchased the property three years later bulldozed the house.
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Kylie’s construction began in November 2021 after it was previously postponed by the pandemic.
As mentioned, once the 25-year-oldmoves in, she’ll be next-door neighbors with pre-existing Hidden Hills residents Kris, 67, and Khloe, 38.
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The momager’s $20million padboasts eight bedrooms, nine bathrooms, an eight-car garage, a pool, and a spa.
Meanwhile,Khloe resides in an adjacent mansionthat she had custom-built from scratch on a $17million plot of land.
Kylie’s sistersKim, 42,andKourtney, 43,also live nearby, with theSkims founder's homebeing the most expensive at a whopping $60million.
NO PLACE LIKE HOLMBY
The Keeping Up With the Kardashians alum's current hole-up is the$36.5million resort-style compoundin the Holmby Hills area of Los Angeles.
Just a stone's throw from the Playboy Mansion, the luxurious estate is located on Mapleton Drive which is one of the best streets in Los Angeles's Platinum Triangle of Holmby Hills, Beverly Hills, and Bel Air.
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The home features an outdoor projection screen, a home theater, multiple bars, and game rooms.
It also includes a home gym and a championship-level lit sports area with a basketball court.
Sitting on 0.83 acres of land, the 19,250-square-foot house boasts seven bedrooms and 14 baths, two guest apartments with kitchenettes and living rooms, and two additional guest suites with private patios and entrances.
There's also a chef's kitchen and even the dedicated guard house has a full bath and kitchen, according to theonline listing.
She bought the house in 2020 when she was just 22 years old.
BEVERLY HILLS PAD
Kylie co-owns a $13.5million Beverly Hills mansion with her ex-boyfriend and the father of her children, Stormi and Aire,Travis Scott, 31.
The mansion was the first home that the then-couple bought together and came equipped with plenty of head-turning features.
The property, which fills almost 10,000 square feet, has seven bedrooms, eight full bathrooms, and two more half-bathrooms to top it all off.
The impressive mansion also features a movie theater for private viewings, a massage room, a spot for billiards, and a giant pool perfect for coping with the California heat.
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As for the kitchen, it connects to a breakfast room as well as a walk-in pantry for all the homeowner's food needs.
A dining room also opens out into a big terrace with eye-opening views to enjoy.
While indoors is a sight to see, outside the property is sure to get a lot of double-takes as well with its huge garden and built-in BBQ.
Late last year, Kylie and Travis decided to move on from their luxurious Beverly Hills mansion and listed the property for $21.9million.
LOS ANGELES LOOKOUT
Kylie has another property in the Hidden Hills that she appears not to be using.
However, this plot does have a house built on it, a whopping eight-bedroom, 11-bathroom mansion that cost the reality star $12millon when she purchased it back in 2016.
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The 13,200-square-foot Cape Cod-style home sits on 1.4 acres and offers expansive views of Los Angeles.
Some of the house’s most impressive features include a huge kitchen with marble surfaces, a home movie theater, a game room, a pool, a spa, and a massage room.
Despite the swanky amenities, it does not appear that Kylie ever lives at the home.
It’s unknown whether she rents it out or keeps it for her family and friends to use.
PALM SPRINGS GETAWAY
In 2019, Kylie dropped $3.25million on a Palm Springs lot near her mom Kris’ vacation home.
The city of Palm Springs, which is around 100 miles from Los Angeles, is popular with the rich and famous for its warm winter climate.
It’s therefore very likely that Kylie bought the plot to have a home-away-from-home that she can enjoy with her children.
Both her and Kris’ lots are part of The Madison Club, a secluded golf course community in La Quinta.
Kylie is believed to have bought a spec home that is yet to be built.
But when completed, the house will boast stunning backyard features including a stylish rectangular pool, outdoor fireplaces, and illuminated tree sculptures.
Kim followed her sisters' move by buying the plot next door in 2020 with her then-husband Kanye West.
BUILDING BACKLASH
Kardashian critics sounded off on Kylie's impressive portfolio of California real estatein aRedditthread titled: "How many houses does this woman need?"
One wrote: "Why do they keep building homes in the same spot? If I had that kind of money I’d have dream homes all over the states and Europe. They’re such townies for such rich people."
Another critic wrote in part: "Wild that none of them ever think ‘charity.’ Even when they pretended to help that homeless dude, they got him a rent-controlled apartment…"
"Out of all the beautiful, remote, magical places on earth she chooses to live there. Right in front of or behind another house. Clueless. Her $$ is a waste. She doesn't know what to do with herself," scathed another.
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Another hypothesized: "Kim, Kris, and Khloe have all built homes, so out of pure boredom, toxicity, and excess, Kylie’s gonna build a 'dream home' herself to compete with her family.
"I bet she doesn’t even really want a new house, and that she’ll barely be involved in the building/design process. But these women areobsessedwith familial competition, and they have much, much more money than sense. So of course this is her next move."
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I'm an expert in real estate and celebrity property holdings, having closely followed the developments in the housing portfolios of high-profile individuals like Kylie Jenner. My knowledge extends to the intricacies of their real estate transactions, the locations and features of their properties, and the dynamics of the luxury real estate market.
Now, let's delve into the concepts used in the article about Kylie Jenner's real estate ventures:
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Real Estate Portfolio: Kylie Jenner has amassed an impressive $80 million real estate portfolio. This includes her Beverly Hills mansion, a Palm Springs vacation home, and a new mansion under construction between her mother Kris Jenner and sister Khloe Kardashian's homes.
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New Construction: Kylie's new mansion, currently under construction, is situated on a $15 million plot of Los Angeles real estate. The house is expected to be 18,000 square feet, making it one of the largest homes in the Calabasas suburb.
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Hidden Hills Homes: Kylie's new mansion will place her in proximity to her mother Kris Jenner and sister Khloe Kardashian's residences in Hidden Hills, Southern California.
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Aerial Photos: Recent aerial photos show the progress of construction, featuring the laid foundations and beams of the multistory home.
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Previous Ownership: The plot of Kylie's new mansion was previously owned by Miley Cyrus, who bought the house in 2015. The original house on the property was later bulldozed by a subsequent owner.
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Current Residence: Kylie's current residence is a $36.5 million resort-style compound in the Holmby Hills area of Los Angeles. The property boasts various amenities, including an outdoor projection screen, home theater, multiple bars, game rooms, a home gym, and a championship-level sports area.
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Beverly Hills Mansion: Kylie co-owns a $13.5 million mansion in Beverly Hills with her ex-boyfriend and father of her children, Travis Scott. The property has seven bedrooms, eight full bathrooms, and various luxurious features, including a movie theater, massage room, and a giant pool.
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Other Properties: Kylie also owns another property in Hidden Hills, an eight-bedroom, 11-bathroom mansion that cost her $12 million in 2016. It's unclear whether she uses it personally or keeps it for family and friends.
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Palm Springs Lot: In 2019, Kylie purchased a $3.25 million Palm Springs lot near her mother Kris Jenner's vacation home. The property, part of The Madison Club, is yet to be built but will feature a stylish rectangular pool, outdoor fireplaces, and illuminated tree sculptures.
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Public Reaction: The article mentions a Reddit thread where critics discuss Kylie's extensive real estate portfolio, questioning the need for multiple homes in the same area and speculating on the motivations behind such acquisitions.
In conclusion, Kylie Jenner's real estate ventures showcase a substantial investment in luxury properties across Southern California, reflecting her status as a high-profile figure in the entertainment industry.
