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Disney’s Cash Cow, Miley Cyrus is Back in the Real Estate Game. Check Out Her Brand New House.

 

 

 

BUYER:
Miley
Cyrus
LOCATION: Studio City, CA
PRICE: $3,900,000
SIZE: 5,173 square
feet, 5 bedrooms, 6.5 bathrooms

According to The Bizzy Boys at Celebrity Address Aerial we now know that just this  very morning, that 19 year old Miley Cyrus purchased the above home in California.

Rumors had been circulating in the real estate world about Miley being in the market for a new home and now we know those rumors had some truth to them. Turns out, this anonymous
source was speaking the truth. Property records now show the throaty voiced singer/songwriter–born with the maudlin name Destiny Hope–recently spent $3,900,000 for another house, this time a secluded estate with latest security and a recently remodeled mid-century modern residence nestled into the hills above Studio City, CA.

Property records show the private 1.15 acre property, purchased in early June 2011, was acquired with the same trust (and trustee) used to buy her Toluca Lake property. Listing information indicates the ranch-stlye house has 5 bedrooms and 7 bathrooms and nice indoor and outdoor living space. If you look at the pictures, you can see the beautiful patio overlooking the hills of California.

The front door–painted a vibrant shade of green when Miss Cyrus purchased the property opens into an entry area that bleeds
seamlessly into an irregularly shaped “formal” living room that features dark wood floors and a wide banks of floor-to-ceiling sliding glass doors that scoots the eyeballs through the room to a covered patio, the backyard, swimming pool and canyon view.

Cyrus’ home has a state of the art security system to protect her from paparazzi and crazed fans… As it should.

Given that Little Miss Miley is just 19 years old and this house, it would come as no surprise if she caught the bug again and purchased a third multi-million dollar home in the near future.

As for her celebrity-style compound in Toluca Lake, there are no hints or word that it is now on the market nor will be anytime soon. It’s hard to say for certain what her plans for her  property may be but maybe we can tell by taking a look at her real-estate history thus far:

In February Miley unloaded a penthouse condo in the somewhat unlikely locale of Panama Beach, FL–otherwise known as the Redneck Riviera–for $1,968,750. Miss Cyrus purchased the Gulf-front Panhandle penthouse just about 14 months earlier for, as per records for $1,850,000.

In 2007, when the Cyrus clan moved from their 500-acre Singin’ Hill Farm outside Nashville in teeny-tiny Thompson Station to Tinseltown, they spent $5,838,000 to scoop up an 8,299 square foot faux-Tuscan mansion privately situated down a long, gated drive in the upscale and celebrity-packed enclave of Toluca Lake. Last year Miley’s parents were headed for the court of divorce and there were rumors and reports the 6 bedroom and 7 bath roperty would be sold. Earlier this year, Poppa Cyrus announced he had called off the divorce.

Listing photos, courtesy of

Ewing and Associates / Sotheby’s International Realty

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