Kylie Jenner Cuts Price on Holmby Hills Mansion

In a time of “realizing things,” Kylie Jenner is realizing she might have priced her Holmby Hills mansion a bit too high.

The cosmetics mogul and reality TV star has slashed the price of her brutalist mansion at 145 North Mapleton Drive to $38.5 million, down $9.5 million from the $48 million she listed it for in December, Mansion Global reported.

The price reduction doesn’t threaten a potential profit for “The Kardashians” star if it sells at or near its new price. Jenner bought the 15,320-square-foot mansion in 2020 for $36.5 million.

Compass’ Ginger Glass holds the listing for the Holmby Hills property and called it a “modern fortress designed for the ultimate privacy seeker” boasting seven bedrooms and nine and a half bathrooms, Realtor.com reported. The property consists of a main home, two guest apartments, a guard house and a dedicated gym building. Amenities on site include a home theater, a children’s playroom with an indoor slide, a professional pickleball court, an infinity-edge swimming pool surrounded by luxury daybeds and a commercial-grade outdoor kitchen. The primary suite is located in its own private wing with its own den, kitchenette, three fireplaces and outdoor living room.

Jenner’s Holmby Hills abode is one of two Los Angeles-area properties that the Kylie Cosmetics founder is looking to sell.

Her longtime home in Hidden Hills is also on the market for just under $18 million, coming to market in March. She bought the 13,200-square-foot manse in 2016 for nearly $12.1 million. Since then, the TV personality has executed widespread renovations on the property. Roughly a month after listing, Jenner cut the original list price by nearly $2.3 million.

Jenner’s real estate slimdown comes as the 28-year-old is seemingly moving into her dream home in Hidden Hills. In 2020, she purchased a large plot of land in the community for $15 million and has spent more than five years since then building an 18,000-square-foot estate complete with a 12-car garage, a guest house, a sport court, a large swimming pool and a security office. Work on the project appeared nearly complete a year ago, so the back-to-back listings of her current Holmby Hills and Hidden Hills homes signal she could be ready to consolidate her living space into one property.

— Chris Malone Méndez