Real Estate Industry News

Singer-actress Miley Cyrus has purchased a Hidden Hills home for a little over $4.95 million in an off-market transaction.

The “Wrecking Ball” singer used a trust to facilitate the deal, which closed in late June, according to real estate records. The seller was Steven Baio, the brother of actor Scott Baio.

The Traditional-style house was built in 1957, but was recently renovated and expanded. Wide-plank wood floors, vaulted ceilings and a new-look kitchen are among the features of note. A snazzy wet bar near the entry is decked out in Mercury glass.

The 1.18-acre estate in Hidden Hills has a sunken dining area, a lagoon-style swimming pool and a fenced pasture.

The 1.18-acre estate in Hidden Hills has a sunken dining area, a lagoon-style swimming pool and a fenced pasture.

(NearMap)

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A home theater with a snack bar, formal living and dining rooms, a family room, six bedrooms and 4.5 bathrooms also lie within about 6,000 square feet of living space.

Outdoors on the 1.18-acre site are a sunken dining area, a barbecue pavilion and a lagoon-style swimming pool. A white-picket fence encloses a grassy hillside to the rear.

The property was most recently listed last summer at $5.099 million. Multiple Listing Service records indicate it was leased out last fall at $39,000 a month.

Cyrus has a history with the area, having sold another home in the guard-gated equestrian community two years ago for $5 million, The Times previously reported.

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The daughter of musician Billy Ray Cyrus, Cyrus gained fame at an early age as the child star of Disney’s “Hannah Montana.” As a singer, the 27-year-old has released six studio albums, most recently “Younger Now” in 2017. Her seventh album, “She is Miley Cyrus,” is expected to be released later this year.