Will Smith’s $11.3 million gift to his wife

 

They currently own at least eight properties across the nation. However, celebrity power couple Will and Jada Pinkett Smith continue to add to their collection, shelling out $11.3 million for a large estate in Hidden Hills — a guard-gated community that is home to celebrities such as Drake and Kaley Cuoco, Kylie Jenner, and Jeffree Star.

 

The listing for the two-story home with over 10,000 square feet of living space describes it as a “Napa Modern” residence and notes that it was constructed last year on speculative grounds. The estate, which will be finished in early 2020 and was constructed speculatively, has been on the market since June of last year; the Smiths obtained the keys for a nearly $1 million discount off the original $12.2 million asking price.

 

The 1.2-acre property is secluded at the end of a quiet cul-de-sac and at the end of a long driveway, perched atop a ridge with expansive views of the San Fernando Valley. A double-height entryway with views through the entire home, an open kitchen with two islands and a large pantry, a soundproof movie theatre with velvet walls and a games room with a wet bar are a few of the contemporary interior features. In addition, there is a gym with its own thermal shower and a formal dining room with a glass-encased wine refrigerator.

 

The upstairs master suite features a fireplace, sitting area, two dressing rooms, a built-in refrigerator and a coffee bar. Each of the home’s six bedrooms has a private toilet en suite. Outside, stone loggias are ideal for al fresco entertaining and lead to a complete outdoor kitchen with a barbecue, as well as a pool with an inset spa. The listing also mentions a firepit seating area, a full-size sports court, and a “serenity lounge” in the backyard. Surprisingly, the property has neither a large verdant backyard nor much landscaping beyond the trees that line the estate’s perimeter. Nonetheless, the Smiths should save money on maintenance expenses.

 

Presumably, the new owners will employ an interior designer to transform the luxurious rooms of the mansion into something more contemporary. The couple’s longstanding primary residence, a $42 million custom mega-mansion on the outskirts of Calabasas, was featured in Architectural Digest and features Moroccan-inspired interiors with rich colours and eclectic furniture.

 

Observers of real estate may be aware that this recent acquisition is not the Smith family’s only property within the gates of Hidden Hills. Since 2003, they have owned another Hidden Hills property, this one a ranch-style mansion on a secluded street that their son Jaden Smith has occupied for years. And last year, Willow Smith purchased a contemporary property in the Malibu hills for $3.1 million.

 

Additionally, the clan possesses properties in Woodland Hills, California, Pennsylvania, and Maryland. In addition, they own a nearly 10,000-square-foot ski chalet in the Utah winter resort community of Park City.

 

 

 

 

 

 

 

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