Adele is reportedly shelling out $58 million for Sylvester Stallone’s custom-built Beverly Hills home, and though that’s an eye-popping price, the “Rocky” star listed it last January for a whopping $110 million.
The “Easy on Me” singer is currently in the “inspection phase” of the contract, according to TMZ, and if all goes well, she is expected to close on the home at the end of this month.
Adele, 33, is getting a massive deal on the property but the purchase comes shortly after Adele bought three other properties in the Golden State in the last five years worth an estimated $30 million.
In October, she revealed that she moved to Los Angeles because she couldn’t afford London prices.
The Post has reached out to Adele for comment.
Her soon-to-be new Beverly Hills abode has been owned by Stallone, 75, since 1994. He purchased the land for $2.35 million at the time and built the estate from the ground up, property records show.
Situated on 3.5 acres of land, the Italian Riviera-style residence is situated in the exclusive guard-gated enclave of North Beverly Park.
Made up of eight bedrooms and 12 bathrooms, the residence spans a massive 18,500 square feet.
The home boasts panoramic city and canyon views. Features include a two-story foyer, a motor court, a family room, office and formal living and dining room. It also comes with a two-story, two-bedroom guest house with a fully-equipped kitchen.
Amenities include a screening room, gym, cigar room, custom bar, art studio, putting green with sprawling lawns and infinity pools, according to the listing.
Stallone has referred to the home as “the house that Rocky built.”
Before Adele snagged the property at the hugely discounted rate, the home was last listed for $80 million in October.
Meanwhile, Stallone moved into a $35 million Palm Beach estate last year, which spans more than 13,200 square feet with seven bedrooms and 12 bathrooms.
Tomer Fridman with Compass and Jade Mills of Coldwell Banker held the listing.
