Harry Styles loses $850K on sale of Beverly Hills home

A photo posted by @harrystyles on Jun 24, 2013 at 3:45pm PDT

Bet this one dragged him down.

One Direction heartthrob Harry Styles sold his Beverly Crest home at a loss, the L.A. Times reported.

The “Drag Me Down” singer bought the home for $4 million two years ago, but sold it for under $3.2 million in a recent off-market deal. Sitting on a one-third-acre lot, the 1960s era property was designed by Alejandro Ortiz. The 2,800-square-foot bungalow has five bedrooms, four bathrooms and a detached guest house.

The hedged and gated residence also features beamed ceilings, glass walls, a library, a great room, a gym and a wet bar. Outside, there is a swimming pool and multiple layers of patios space that take in views of the surrounding canyons. An oak-hued bridge connects separate parts of the estate.

Last summer, a billion teen hearts shattered when One Direction announced its indefinite hiatus after a five-album career. Styles signed a solo contract last month with Columbia Records. [LAT] — Cathaleen Chen