On July 6, 2012, Drake bought the first parcel of what eventually grew into a 3-parcel, 7-acre compound that he nicknamed the "YOLO Estate." That was just shy of 10 years ago.
Back in March, soon after he acquired a new estate in Beverly Hills for $70 million, Drake listed the full YOLO Estate for $22 million. Each parcel could also be bought separately.
One month later, NFL quarterback Matthew Stafford scooped up two of the estate's three parcels for $11 million. Outlined in white in the image below is an aerial shot of the full YOLO Estate. Matthew Stafford bought everything to the left of the red line. Roughly 3 acres, two homes, stables and a riding.
Everything to the right of the red line remained available for purchase with an asking price of $14.8 million. Until this week.
An unidentified buyer just paid $12 million for everything you see to the right of the red line in the image above. AKA, the everything that constituted the original YOLO Estate.
All-in, Drake got $23 million for the three properties. That's $1 million over his original March 2022 asking price. That's an $8 million profit over the $15 million Drake spent to acquire all three properties over time ($7.7 million + $2.8 million + $4.5 million).
Below is a video tour of all three properties. The first roughly 2 minutes are dedicated to the primary property that just sold:
Some notable features of the mansion:
- Located within a gate-gaurded private community at the end of a private cul-de-sac
- 12,500 square-feet of living space
- 2,000 square-foot master bedroom
- Massive swimming pool with spa grotto, swim-up bar, waterfalls and 80-foot waterside
- Combination basketball/tennis court
- Sand volleyball court
- Equestrian riding ring
- 25-seat movie theater
In case this is your first time hearing about the YOLO Estate, allow me to expand on arguably the mansion's most-impressive feature: The pool.
According to legend, back in the early 2010s when he was very much an up-and-coming rapper, for inspiration, Drake Googled "craziest residential swimming pools." He soon found himself staring at a photo of his future mansion. He right clicked and set the photo as his desktop browser image. The image would have looked something like this:
In May 2009, the estate's former owner listed the property for sale for $27 million.
As it turned out, that was highly optimistic.
Drake pulled the trigger on July 6, 2012, paying $7.7 million. Dream come true… a full decade before Drake had a $250 million net worth!
So that's the end of the road for the YOLO Estate. RIP, King. July 2012 – June 2022.
What's your dream mansion? Is it your desktop background image?? Think you'll own it in a decade???