On July 6, 2012, Drake purchased the primary parcel of what finally grew right into a 3-parcel, 7-acre compound that he nicknamed the “YOLO Property.” That was simply shy of 10 years in the past.
Again in March, quickly after he acquired a brand new property in Beverly Hills for $70 million, Drake listed the complete YOLO Property for $22 million. Every parcel may be purchased individually.
One month later, NFL quarterback Matthew Stafford scooped up two of the property’s three parcels for $11 million. Outlined in white within the picture under is an aerial shot of the complete YOLO Property. Matthew Stafford purchased all the things to the left of the pink line. Roughly 3 acres, two properties, stables and a using.
All the things to the suitable of the pink line remained obtainable for buy with an asking worth of $14.8 million. Till this week.
An unidentified purchaser simply paid $12 million for all the things you see to the suitable of the pink line within the picture above. AKA, the all the things that constituted the unique YOLO Property.
All-in, Drake received $23 million for the three properties. That is $1 million over his authentic March 2022 asking worth. That is an $8 million revenue over the $15 million Drake spent to amass all three properties over time ($7.7 million + $2.8 million + $4.5 million).
Under is a video tour of all three properties. The primary roughly 2 minutes are devoted to the first property that simply offered:
Some notable options of the mansion:
- Situated inside a gate-gaurded non-public group on the finish of a personal cul-de-sac
- 12,500 square-feet of dwelling house
- 2,000 square-foot master suite
- Huge swimming pool with spa grotto, swim-up bar, waterfalls and 80-foot waterside
- Mixture basketball/tennis court docket
- Sand volleyball court docket
- Equestrian using ring
- 25-seat movie show
In case that is your first time listening to concerning the YOLO Property, permit me to develop on arguably the mansion’s most-impressive function: The pool.
Based on legend, again within the early 2010s when he was very a lot an up-and-coming rapper, for inspiration, Drake Googled “craziest residential swimming swimming pools.” He quickly discovered himself looking at a photograph of his future mansion. He proper clicked and set the photograph as his desktop browser picture. The picture would have appeared one thing like this:
In Might 2009, the property’s former proprietor listed the property on the market for $27 million.
Because it turned out, that was extremely optimistic.
Drake pulled the set off on July 6, 2012, paying $7.7 million. Dream come true… a full decade earlier than Drake had a $250 million internet value!
In order that’s the tip of the street for the YOLO Property. RIP, King. July 2012 – June 2022.
What’s your dream mansion? Is it your desktop background picture?? Suppose you will personal it in a decade???