Justin Bieber and his wife Hailey just bought a beautiful property in the Beverly Park neighborhood of Beverly Hills. They paid $25.8 million (according to Variety) – which is a steep discount from the homes list price of $42 million (from 2 years ago).

The home was built in 1988 and was renovated in 2018 before it was listed.

The price dropped from $42 million to 38.5 to 34.8 to 29.5 and a few other times before selling for a 39% discount to the Biebers at $25.8 million.

The 11,000 square-foot home is made up of 2.5 acres and has seven bedrooms and 10 bathrooms. To say the least, the home is massive! It’s perfect for entertaining and has completely private and secluded.

Kurt Rappaport represented the seller. Josh Altman with Douglas Elliman represented the buyer.

Just take a look at the beautiful pictures attached!