Mark Wahlberg is selling his lavish estate in Beverly Hills for $55 million

• Wahlberg sold his stunning 12-bedroom, 20-bath Beverly Hills mansion
• He originally put it on the market for $87.5 million in April 2022
• Wahlberg leaves crime-ridden California to launch studio in Nevada

Actor Mark Wahlberg has sold his longtime Los Angeles home for just over $55 million, more than $30 million below its original asking price, as he takes advantage of Nevada in a bid to eventually build ‘Hollywood 2.0’ in Sin City.

Wahlberg put his stunning 12-bedroom, 20-bath Beverly Hills mansion on the market for $87.5 million in April 2022. TMZ reported the sale price to an unknown buyer as just over $55 million.

Although Wahlberg had lived in his Beverly Hills mansion for more than a decade, he described his time in California almost as if it were a missed opportunity.

“I want to be able to work from home. I moved to California years ago to pursue acting, and I only made a couple of films in the entire time I was there, he explained. So, to be able to give my children a better life and follow and pursue their dreams, whether it’s my daughter as a rider, my son as a basketball player, my younger son as a golfer, this made a lot more sense to us.’

Wahlberg — who shares Ella, 19; Michael, 16; Brendan, 14; and Grace, 12, with his wife Rhea Durham, 44 – may only have been referring to films shot near his home or in California, as he has starred in around 30 films since buying his Beverly Hills estate in 2009 .

It comes as many celebrities have gotten out of California due to taxes, rising crime in major cities and the state’s notorious homeless problem. The likes of Elon Musk, Joe Rogan, Ozzy and Sharon Osbourne and Matt Damon have left in recent years.

Wahlberg told The Talk in October that he moved to Nevada in hopes of getting a tax break that would facilitate the establishment of his proposed film studio.

Many celebrities have made their home in the state, with musical artists decamping there to take part in lucrative Vegas residencies, such as Celine Dion, Criss Angel, The Osmonds, Imagine Dragons and David Copperfield.

It comes as Vegas has exploded in recent years, with both the NFL and NHL expanding or moving teams to brand new arenas and stadiums in the city and the MLS and NBA (potentially backed by LeBron James) looking to establish themselves in Sin City as we will.

Wahlberg wasn’t shy about admitting his move from California was about taxes, though he focused on how they would affect his business.

He added that he hoped to get a movie studio up and running, as well as a “shoe factory” and a “factory for (his clothing line) Municipal.”

“So we came here to give ourselves a new look, a new start for the kids, and there’s a lot of opportunity here, so I’m really excited about the future,” he said.

He previously explained that his desire to work near where he lives was because he is a homebody whenever possible.

“Every free moment I have, I’m at home,” he said.

Back in August, Wahlberg bought a two-story, 7,327-square-foot townhouse in Las Vegas for $14.5 million, according to the Las Vegas Review-Journal.

The townhouse is part of The Summit Club, which boasts a golf course and many other luxury homes. The purchase was his second-to-last at the affluent Las Vegas community, as he previously purchased 2.5 acres for $15.6 million in July 2022.

Speaking to Beond TV’s Lights, Camera, Vegas show in August, he already described Vegas as his “home town”.

“We want to create many jobs and a lot of excitement. Hollywood 2.0, he said.

The Boogie Nights star previously opened a location for the Wahlburgers food chain in Vegas in 2017.

It’s not yet known if his huge Beverly Hills mansion has found a buyer yet, and its sheer size and hefty price tag are likely to deter all but the wealthiest and most committed individuals.

Wahlberg’s recently deceased LA home is spread over an eye-popping 30,500 square feet on a 267,335 square foot lot, with a gate located just below the iconic Mulholland Drive.

He was in good company at the venue, with many A-list neighbors including Denzel Washington, Sylvester Stallone, Justin Bieber, Eddie Murphy, Samuel L. Jackson and even Lisa Vanderpump.

Guests to the home are greeted in style via a stunning two-story entryway and a grand foyer with double staircases and elegant moldings on the walls.

Much of the home had elegant marble floors, but a dark wood floor further into the home gave it a more earthy, lived-in feel.

The mega-mansion’s vast space made it a summer paradise, as Wahlberg built a grotto with gorgeous pools that would have been right at home in a theme park.

The Happening actor’s youngest son Brendan is an aspiring golfer, and it was easy for the two to hit a few holes together, as Wahlberg had built a small course on the property, complete with rolling hills and sand traps.

Although Wahlberg has been based on the West Coast for the past few years, he is originally from Boston, Massachusetts.

Los Angeles’ wealthiest residents are fleeing the city as Governor Gavin Newsom raises taxes on the rich and the city crumbles under soaring crime rates – with actor Jim Carrey the latest A-lister to put his home up for sale.

Carey, 61, who bought her Brentwood mansion for $3.8 million in 1994, listed her home for a whopping $28.9 million after announcing her plans to retire from acting.

In a statement to the Wall Street Journal, Carey said he no longer spends much time at the property and was ready for “Cha cha cha cha … changes,” referring to the David Bowie hit. It is unclear if Carey will stay in Los Angeles.

It’s unclear if Carey will stay in Los Angeles, but with several other entertainment icons on the way, is anyone going to enjoy it?

According to the LA Times, the state of California has lost over 500,000 residents between 2020 and 2022. That is the fourth largest decline in the country in that time, behind New York, Illinois and Louisiana.

Not only are California lawmakers pushing legislation that would impose a new tax on the state’s wealthiest residents, it’s also a rising crime and homelessness problem that has caused these celebrities to flee: