Charlie Puth has made a significant move in the real estate market by slashing the price of his California home by $2 million. Initially listed at $18.995 million, the Midcentury estate’s price was reduced to $16.995 million last month. This price cut seemed to attract a buyer, as the property quickly went into a pending sale. However, that deal has since fallen through, and the home is now back on the market with a new asking price of $13.999 million.
The estate, designed by Rex Lotery in 1965, is a unique property in Trousdale. It is one of the few two-story homes in the area, constructed with concrete, wood, glass, and stone. The four-bedroom, four-and-a-half-bath home offers complete privacy, being situated behind gates with a large motorcourt. The property boasts multiple courtyards, a pool, fountains, and a gourmet kitchen equipped with commercial appliances. The living room is particularly striking, featuring a two-story design.
The primary suite is a luxurious retreat, complete with a spa-inspired bath, an office, and a studio. Despite the reduced asking price, Puth stands to make a profit from the sale. He purchased the home for $9 million seven years ago. Kurt Rappaport from Westside Estate Agency continues to hold the listing.
In addition to this property, Puth recently acquired a new $9 million mansion in Beverly Hills. This purchase has prompted him to sell his Hollywood Hills bachelor pad, which is also listed with a $2 million price reduction. The Mediterranean-inspired villa features five bedrooms and six bathrooms, including a master suite with dual fireplaces.
The three-story home spans 4,350 square feet and is designed for entertaining. The living room includes a dining area that opens onto a terrace through a wall of glass. The lower level features a wine room, a steam sauna, and a second kitchen dedicated to entertaining. The backyard includes a hot tub and pool, and an upstairs studio adorned with Puth’s gold and platinum records, as well as cue cards from his TV performances. The villa is lavishly outfitted with marble and tiles imported from Verona, Tuscany, and Bologna. Custom-made windows, floors, doors, ironwork, and cabinetry from Italy add to the home’s luxurious feel.
Charlie Puth’s decision to reduce the price of his California home by $2 million reflects the current dynamics of the real estate market. While the initial price cut attracted interest, the subsequent relisting at an even lower price indicates a strategic move to secure a sale. With his new Beverly Hills mansion and the Hollywood Hills villa both in play, Puth is making significant changes to his real estate portfolio.
