Kim Kardashian is having an eventful week; not only was it announced yesterday that the apparel company she co-founded is currently valued at $4 billion, but the reality star and socialite also sold what seems to be an investment property for a small profit, according to Dirt.
Per the publication, her initial ask for the abode was $5.3 million back in September. Although probably not nearly as valuable to the influencer as her brand Skims is, Kardashian sold the residence for slightly over her original purchase price. She bought the home in 2019 with ex-husband Kanye West for $2.98 million. The mother-of-four never occupied the 1950s Hidden Hills ranch and may have never had plans to do so, as her main residence at the time of purchase was—and still is, today—the “futuristic Belgian monastery” she and West designed together.
A humble dwelling with a simple stone driveway and a façade made of siding, the 3,874-square-foot ranch house sits on one-and-a-half acres of land. The property is split in two by a road, with the home on one side and equestrian facilities on the other. Additional amenities include a pool and hot tub out back.
Don't miss the AD PRO-exclusive workshop—Photo Finish: How to Showcase Your Project
While we don’t know what the inside looked like when Kardashian sold the home, pictures of the interiors as they were when she bought it show an enormous main bedroom suite and living and dining area all featuring wood beam ceilings.
The small reduction in the star’s real estate portfolio may not be anything Kardashian will miss. In addition to her primary residence and a few other properties, the mogul owns Cindy Crawford’s former Malibu home which she bought for $70 million last year, and is working on two projects—one in Palm Springs, the other in an undisclosed location—with starchitects Tadao Ando and Kengo Kuma respectively.
