Biography & Early Wealth Journey
The sale, to an unnamed buyer, represents the culmination of a somewhat tumultuous real estate journal for Wahlberg. In October of 2022, it was reported that he was pulling the home off the market owing to skyrocketing mortgage rates making it impossible to find a buyer at his $87.5 asking price. Then, the following month, it was back up with a discounted price of $79.5 million, which as it turns out was still far too high.
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Wahlberg purchased the land in 2009, paying $8.25 million before commissioning the 12-bedroom main house. The property sits on 6.2 acres altogether, and the grounds include a grotto-style pool, multipurpose sports court, plenty of manicured gardens, and even a skate park and five-hole golf course. Here's how the home was described in its official listing:
Primary Income Streams & Multi-Million Contracts
"The Premiere estate in North Beverly Park, the most exclusive gated community on the West Coast. An incredible 6.2 acre estate designed by Richard Landry and built with the finest quality of materials and craftsmanship ever seen. Spectacular 2-story entry, stunning living room, breathtaking 2-story paneled library, amazing home theater, wine cellar, and much more. Beautiful gardens & lushly landscaped grounds including huge lawns, a 5 hole golf course, tennis court, resort-like grotto pool, skate park, and guest house, all set amidst total privacy and complete this incredible estate. Truly a once in a lifetime opportunity to acquire one of the great estates in Los Angeles."
Now, Wahlberg finally managed to find a buyer for the estate, albeit at a steep discount. You can take a look at the home in the slideshow below from Rick Virag on YouTube: