Miley Cyrus is quietly parting ways with one of her California estates.
Cyrus is about to finalize a deal to sell a 5.5-acre Hidden Hills ranch, reports Variety, which she bought for precisely $5 million in 2015. She’s not going to be bringing in a big profit, though, as she’s offloading the house for more or less the same amount she paid for it, less than three years ago.
It’s an off-market deal, but according to a prior listing for the Calabasas home, the property is an “equestrian ranch,” with a one-acre riding area as well as two paddocks and a 10-stall barn. Aside from the equine attributes, there also happens to be a vineyard, if wine is something you’re more interested in.
And then, of course, there’s the actual residential structure. The ranch-style five-bedroom, 5.5-bathroom home definitely takes inspiration from its surroundings, with a rustic yet still luxe aesthetic. The great room has wide plank wood floors and beamed ceilings, while there’s also a formal dining room and a brick fireplace.
The kitchen contains a center island with granite counters, plus stainless steel appliances and a breakfast bar. There’s also a wet bar and, appropriately, a 1,000-bottle wine cellar—storage for the home-grown vino, perhaps. Walls of French doors lead outside to the covered veranda, where there’s also a pool, spa, built-in barbecue and an outdoor fireplace.
It seems that Cyrus didn’t end up using this property too much—she does, after all, have an impressive portfolio of homes, including a Studio City abode she bought in 2011, as well as a Malibu beach home she purchased in 2016, which, per Variety, happens to be next door to an even bigger home that her fiancé Liam Hemsworth owns. Maybe they’ll end up combining the properties at some point.