Amidst a tumultuous time, Kimora Lee Simmons, the model and entrepreneur, has managed to secure a significant cash infusion by selling her luxurious Beverly Hills mansion. The sale comes in the wake of public disputes with her ex-husband, Russell Simmons, and her candid admission of financial strain due to ongoing legal battles.
Real estate insiders reveal that Kimora recently closed the deal, selling the lavish property for an impressive $16.5 million. The new owner wasted no time in putting the mansion back on the market, offering it as a short or long-term lease option with an asking price of $100,000 per month.
Kimora initially acquired the breathtaking mansion in 2008 for $11 million, and it boasts an impressive 9,405 square feet of living space, featuring nine bedrooms, ten bathrooms, and a host of enticing amenities.
Stepping into the grand entrance, guests are greeted by majestic columns, setting the tone for the opulence within. The residence offers an array of delightful features, including a library, butler’s pantry, spa, gym, and wine cellar, catering to the most discerning tastes.
Outside, a custom pool and a picturesque garden reminiscent of the enchanting scenes from “Bridgerton” await, providing a serene retreat in the heart of Beverly Hills. For plant enthusiasts, a unique greenhouse-style lounge area offers a tranquil space to indulge in the company of greenery.
The successful sale was facilitated by Marc Noah of Sotheby’s International Realty, who represented Kimora throughout the process.
With this substantial cash boost from the property sale, Kimora Lee Simmons looks towards a new chapter, ready to face her challenges head-on and continue building her legacy as a prominent figure in the fashion and entertainment industry.
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Written by:
Dana Sterling-Editor
