Adam Levine And Behati Prinsloo Land Buyer For $65 Million Montecito Home
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Adam Levine And Behati Prinsloo Land Buyer For $65 Million Montecito Home
"Adam Levine and Behati Prinsloo are cashing in on their Montecito masterpiece, landing a buyer a mere three months after listing it for $65 million. The music-and-model power couple scooped up the elegant estate for $52 million in an under-the-radar deal in 2022, and with the ink barely dry on the $60 million contract, they have pocketed an $8 million gain, proving their eye for prime property is as sharp as ever."
"Adam Levine and Behati Prinsloo are cashing in on their Montecito masterpiece, landing a buyer a mere three months after listing it for $65 million. The music-and-model power couple scooped up the elegant estate for $52 million in an under-the-radar deal in 2022, and with the ink barely dry on the $60 million contract, they have pocketed an $8 million gain, proving their eye for prime property is as sharp as ever."
Adam Levine and Behati Prinsloo listed their Montecito estate for $65 million and sold it three months later for $60 million. The couple originally purchased the elegant property for $52 million in a discreet deal in 2022. The quick resale generated an $8 million gross gain over their purchase price. The transaction involved a high-profile music-and-model couple and an upscale Montecito residence. The rapid purchase-to-sale sequence highlights effective timing and value recognition within the luxury property market.
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