Drew Barrymore held on to her Hollywood Hills home for 16 years before selling it for $16.5 million in 2018, bringing a substantial return on a property she had bought for just over $4.35 million, as reported by Los Angeles Times.
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she → hold → Times
The actress acquired the house in 2002, following damage to her previous home caused by a fire.
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actress → acquire → fire
By the time she parted with the estate, the property had become a long-held part of her residential history in Los Angeles.
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property → part → Angeles
The sale was completed privately, without the home being advertised through the Multiple Listing Service, and public records confirmed the final price.
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records → complete → price
Behind its gates, the estate combined a midcentury house with separate buildings, landscaped grounds and views stretching across the city towards the ocean.
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estate → combine → ocean
Drew Barrymore bought her Hollywood Hills home for $4.35 million in 2002
Barrymore bought the Hollywood Hills property in 2002 for a little more than $4.35 million, according to property records cited by the Los Angeles Times.
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Barrymore → buy → Times
The purchase came after a fire damaged her previous home in the Beverly Hills area, prompting her to move to a different address.
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fire → come → address
The house offered a measure of privacy, set at the end of a long driveway behind gates.
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house → offer → gates
It was built in 1957 and had the low-slung character of a midcentury ranch residence.
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It → build → residence
Rather than standing alone on a compact city plot, the main house occupied a property of more than an acre, with additional buildings and outdoor spaces spread across the grounds.
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house → stand → grounds
Barrymore remained the owner for the next 16 years.
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Barrymore → remain → years
Los Angeles Times reported, when the property changed hands in August 2018, the sale price of $16.5 million represented almost four times what she had originally paid.
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she → report → what
Inside the Hollywood Hills estate
The main residence covered approximately 8,000 square feet across two floors, according to tax records reported at the time.
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residence → cover → time
It contained 18 rooms, including four bedrooms, and featured five fireplaces.
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It → contain → fireplaces
A two-storey living room was among the details recorded in earlier Los Angeles Times coverage of the property.
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room → record → property
The wider estate included a guest house and a guard house, along with a motor court for vehicles.
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estate → include → vehicles
A swimming pool and terraced gardens occupied parts of the grounds, making use of the sloping site.
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pool → occupy → site
The setting also offered views across Los Angeles towards the Pacific, a feature associated with many hillside properties but dependent on the position and elevation of the house.
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setting → offer → house
Its combination of a substantial main residence, secondary accommodation and outdoor amenities gave the property a footprint beyond that of a typical Hollywood Hills home.
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combination → give → home
The buildings and grounds formed a private compound, with the entrance and driveway providing separation from the surrounding neighbourhood.
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entrance → form → neighbourhood
Barrymore sold the property for $16.5 million after 16 years of ownership
Barrymore's departure became public in August 2018.
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departure → sell → August
The Los Angeles Times reported that the house had sold for $16.5 million.
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house → report → million
The transaction had taken place off the Multiple Listing Service, meaning the property was not marketed through the conventional listing system used by estate agents.
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property → take → agents
The final figure marked a considerable increase on the purchase price recorded in 2002.
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figure → mark → 2002
The sale also ended a lengthy period of ownership for a property that had been part of her life in Los Angeles since the early 2000s.
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that → end → 2000s
Although the details of the buyer and the negotiations were limited in the original report, the recorded price provided a clear account of the home's change in value over those 16 years.
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price → limit → years
From film roles to television work
Barrymore had already established herself in Hollywood long before the property sale.
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Barrymore → establish → sale
A member of the Barrymore acting family, she became widely recognised for films including The Wedding Singer, 50 First Dates and the Charlie's Angels series.
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she → act → Singer
By 2018, she was also appearing in the Netflix comedy series Santa Clarita Diet, starring opposite Timothy Olyphant.
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she → appear → Olyphant
She served as an executive producer on the programme, adding a production role to her work on screen.
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She → serve → screen
Disclaimer: This article is based on information publicly available.
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article → base → information
The Times of India has not independently verified the property details, purchase price, sale price or transaction circumstances mentioned.
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Times → verify → details
The information should not be interpreted as confirmation from Drew Barrymore or her representatives.
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information → interpret → Barrymore
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