Miley Cyrus buys $5 million ranch estate, and the move amazes her fans and foes. It has been confirmed by Woodbridge Luxury Homes of California that Miley Cyrus has recently purchased a 6,500-square-foot equestrian ranch that is located in the Hidden Hills, a gated community in Los Angeles. Miley Cyrus paid $5 million for the property using the impressive fortune her parents put away in a trust fund.
Miley Cyrus adds $5 million ranch estate to her long list of properties, and the story goes viral. In a press release issued by Woodbridge Luxury Homes of California, a real estate company that mainly sells and buys luxury real estate, it was revealed that Miley Cyrus has recently purchased a massive 6,500-square-foot ranch estate for the price of $5 million.
Cyrus’ new ranch is located in the Hidden Hills, a gated community in Los Angeles County, just miles from Calabasas and San Fernando Valley. Miley Cyrus reportedly moved to the gated community because she no longer felt safe in her Toluca Lake home, which she listed in January.
The rumors claimed that Miley Cyrus decided to move after her public split from Patrick Schwarzenegger. Miley Cyrus, who is now bisexual, has been spending a lot of time with her pal, Zoë Kravitz. The new ranch will surely offer her peace of mind and privacy in this community, according to Wiki.
“The community was designed and developed in the 1950s by A.E. Hanson, a renowned Southern California landscape architect who did the Rolling Hills and Palos Verdes Estates, and the 1920s Beverly Hills Harold Lloyd Estate ‘Greenacres.’ It is a gated residential community with a total all land area of 1.7 square miles (4.4 km2). An elementary school is publicly accessible at one of the three gates to the community, along with a summer camp for children, community and children’s theatre programs.”
Cyrus’ new home was purchased with money that her parents – Letitia Jean Cyrus and Billy Ray Cyrus – had put away in a trust fund while she was in the Disney Channel television series Hannah Montana.
Her parents were the ones, who purchased the Toluca Lake home in 2007. So, what is Miley Cyrus getting for her millions?
According to the real estate company, the traditional ranch-style estate comes with seven bedrooms complete with fireplaces, six baths, a vineyard and riding arena. More on the stunning $5 million ranch property:
“It features a dramatic loft-style great room, accented with wide plank wood floors, beamed ceiling and walls of French doors, several seating areas, wet bar, 1,000 bottle wine cellar and a gourmet kitchen.”
Other features include:
“French doors open out to a wrap-around covered veranda that overlooks extensive grounds. The property also features a pool, spa, built-in BBQ, covered lanai, outdoor fireplace and many mature shade trees.”
What are your thoughts on Miley Cyrus’ $5 million ranch estate purchase?
https://instagram.com/p/2SSch_QzIW/
https://instagram.com/p/2Ssgk3wzCE/
Good Luck Miley..But beware..Lots Of Film Stars have been hit by reckless purchase in real estate..Nicolas cage,Burt Reynolds, and many others are in deep water..Best bet..SMALL..Easy to sell at a short notice…AL SAYEE