The Beverly Hills bargain 'snapped by up Elton': Singer buys ten bedroom mansion complete with ten bathrooms and 11-car garage for £22million ($34m) - £19million less than the asking price

  • Sir Elton John, 68, and his partner David Furnish, 52, have reportedly bought the sprawling mansion in U.S. for £19million ($29million) less than the original asking price of £41million ($63million)
  • Huge Mediterranean-style villa features seven main bedrooms as well as three en-suite bedrooms for staff members
  • It also boasts a grand staircase, ten big bathrooms, 12 half-bathrooms, a large dining room and nine open fireplaces
  • Property, which was once on market at £41million, also has a library, family room, cinema, wine cellar, gym and pool

By Sam Creighton, Showbusiness Reporter For The Daily Mail

Published: 18:48 EST, 25 October 2015 | Updated: 20:26 EST, 25 October 2015

With its ten bedrooms, grand staircases and plush interiors, it certainly does its best to live up to its £22million ($34m) price tag.

And it appears that despite the astonishing price of their new Beverly Hills estate, Sir Elton John and David Furnish may have snapped it off the market with an impressive deal, paying £19million ($29million) less than the original asking price.

The couple have reportedly bought the extravagant home that has drifted on and off the market for the last four years, seeing the price slowly drop from £41million ($63million).

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Sir Elton John and David Furnish have reportedly snapped up this plush Beverly Hills mansion for just £22million after watching the price slowly drop from a staggering £41million. The ten bedroom property features ten bathrooms, outdoor pool and a grand staircase (pictured)

Sir Elton John and David Furnish have reportedly snapped up this plush Beverly Hills mansion for just £22million after watching the price slowly drop from a staggering £41million. The ten bedroom property features ten bathrooms, outdoor pool and a grand staircase (pictured)

The couple have reportedly bought the extravagant home that has drifted on and off the market in Beverly Hills for the last four years, seeing the price slowly drop from £41million to just £22million. Pictured: A large four poster bed centres one of the main bedrooms

The couple have reportedly bought the extravagant home that has drifted on and off the market in Beverly Hills for the last four years, seeing the price slowly drop from £41million to just £22million. Pictured: A large four poster bed centres one of the main bedrooms

The new sprawling property comes with seven main bedrooms, along with three en-suite staff bedrooms, 10 bathrooms – as well as 12 half bathrooms – nine fireplaces, and an 11-car subterranean garage. It also features several reception rooms and large, spacious living areas

The new sprawling property comes with seven main bedrooms, along with three en-suite staff bedrooms, 10 bathrooms – as well as 12 half bathrooms – nine fireplaces, and an 11-car subterranean garage. It also features several reception rooms and large, spacious living areas

The house was designed specifically for large-scale entertaining and has a double-height foyer, as well as expansive living and dining rooms. It also has a commercial-grade kitchen as well as a library, family room, cinema, wine cellar, gymnasium and a large outdoor pool

The house was designed specifically for large-scale entertaining and has a double-height foyer, as well as expansive living and dining rooms. It also has a commercial-grade kitchen as well as a library, family room, cinema, wine cellar, gymnasium and a large outdoor pool

Sir Elton, 68, and David Furnish, 52, (pictured) are said to have bought the home from Armand Marciano, co-founder of fashion label Guess

Sir Elton, 68, and David Furnish, 52, (pictured) are said to have bought the home from Armand Marciano, co-founder of fashion label Guess

According to American magazine Variety, Sir Elton, 68, and Mr Furnish, 52, are the proud new owners of the mansion, built in 2001 and sold by Armand Marciano, co-founder of fashion label Guess. 

Boasting an elevator to help guests navigate its three floors, the Mediterranean-style villa stretches to 25,000 square feet, more than 20 times larger than the average new-build home in the UK.

Sir Elton, who is worth £270million ($413million), will be adding the house to his already impressive property portfolio. 

The singer also reportedly bought another Beverly Hills home in 2012 for £4.7million ($7.2m), as well as owning a property in Atlanta, a lavish villa atop Mont Boron in Nice, a country estate in Windsor and a town house in London’s exclusive Holland Park area.

The new home comes with seven main bedrooms, along with three en suite staff bedrooms, 10 bathrooms – as well as 12 half bathrooms – nine fireplaces, and an 11-car subterranean garage.

The Mediterranean-style villa stretches to 25,000 square feet, which is more than 20 times larger than the average new-build home in the UK

The Mediterranean-style villa stretches to 25,000 square feet, which is more than 20 times larger than the average new-build home in the UK

There is a large dining room in one wing of the house, which comes complete with a roaring fireplace, stunning chandeliers and patio door

There is a large dining room in one wing of the house, which comes complete with a roaring fireplace, stunning chandeliers and patio door

The extremely spacious mansion was built in 2001 and was reportedly sold by Armand Marciano, who co-founded the fashion label Guess

The extremely spacious mansion was built in 2001 and was reportedly sold by Armand Marciano, who co-founded the fashion label Guess

Sir Elton will be adding to his already impressive property portfolio, having reportedly bought another Beverly Hills home in 2012 for £4.7m

Sir Elton will be adding to his already impressive property portfolio, having reportedly bought another Beverly Hills home in 2012 for £4.7m

The singer, who is worth £270million, also owns a property in Atlanta, a lavish villa in Nice, an estate in Windsor and a London townhouse

The singer, who is worth £270million, also owns a property in Atlanta, a lavish villa in Nice, an estate in Windsor and a London townhouse

Sir Elton and David Furnish may have snapped it off the market with an impressive deal, paying £19m less than the original asking price

Sir Elton and David Furnish may have snapped it off the market with an impressive deal, paying £19m less than the original asking price

The latter feature may come in handy for Sir Elton, who is a keen car collector. In 2001, he sold a fleet of 20 Aston Martins, Bentleys, Ferraris, Jaguars and Rolls Royces for £2million ($3m). He was left with eight cars even after the auction.

The house was designed specifically for large-scale entertaining and has a double-height foyer, as well as expansive living and dining rooms. It also has a commercial-grade kitchen as well as a library, family room, cinema, wine cellar and gym.

The grounds are carefully landscaped with large lawns bordered by flowers and pathways. There is a swimming pool and a pool house with its own kitchen and pizza oven, and a tennis court.

Sir Elton and Mr Furnish are parents to Zachary, four, and Elijah, two. 

The main rooms within the mansion are decorated to a high standard, with warm yellows and oranges giving a cosy feel to the property

The main rooms within the mansion are decorated to a high standard, with warm yellows and oranges giving a cosy feel to the property

The property has a Mediterranean-style villa feel and has large living space areas, with guests able to easily move indoors and outdoors
The house was designed specifically for large-scale entertaining and has a double-height foyer

The property has a Mediterranean-style villa feel and has large living space areas, with guests able to easily move indoors and outdoors

It is not yet known when Sir Elton and Mr Furnish, who are parents to Zachary, four, and Elijah, two, will move into the 20-acre estate

It is not yet known when Sir Elton and Mr Furnish, who are parents to Zachary, four, and Elijah, two, will move into the 20-acre estate

The grounds of the large villa-style property have been carefully landscaped with large lawns bordered by flowers and pathways (pictured)

The grounds of the large villa-style property have been carefully landscaped with large lawns bordered by flowers and pathways (pictured)

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