Homes of Millionaires under 25
Celebrities trading real estate isn’t a phenomenon relegated to older stars settling down. Real estate transactions start young, with some stars picking up luxe pads before they are legally adults.
By age 25, some celebrities have already had their share of homes, secluded from paparazzi with gated entrances, hedges and, of course, plenty of entertaining space.
At age 20, Miley Cyrus is both a seasoned performer and home buyer. She bought her first house at age 17 — a 4-bedroom, 3.5-bath house in Toluca Lake, CA near her parents’ residence for $3.4 million. The former Disney star also plunked down $1.85 for a condo in Florida, but shortly after, returned it to the real estate market for $1.96 million. Cyrus bought her most recent home, located in Studio City, for $3.9 million in August 2011. The gated and walled compound is situated on a private country lane and includes a state-of-the-art security system.
Just 23 years old, the pop-country singer holds a collection of real estate in California, Nashville, and for a short while, Cape Cod. Taylor Swift spends most of her time, however, at her California residence: a gated and charming Beverly Hills home that she purchased for $3.97 million in April 2011. When she’s not on tour, the singer is said to love to host sleepovers with fellow under-25 A-listers.
If you can measure someone’s worth by their Twitter followers, Justin Bieber is worth quite a lot. The 19-year-old singer was discovered singing on YouTube, signed to Usher’s label and the rest is teen-girl-frenzy history. Shortly after his 18th birthday, Bieber bought his first home, a Spanish-style estate in a gated community of Calabasas.
The “Twilight”-franchise actress didn’t buy her first home until just recently. Kristen Stewart and long-time boyfriend Robert Pattinson split for a few months, and while the relationship was on a hiatus, Stewart picked up a Los Feliz residence of her own. Situated behind paparazzi-proof walls, the hillside home is surrounded by tropical landscaping and sweeping views of the skyline and valley below.
Rihanna’s first foray into real estate didn’t go so well. The Grammy-winning singer bought a brand-new home for $6.9 million at age 21, but ended up getting rid of it as a short sale and suing the builder and real estate agents involved in the transaction. RiRi claimed the home was poorly constructed with numerous of water leaks causing serious damage. The 25-year-old singer tried her hand at real estate again earlier this year, buying a brand-new modern manse in the Pacific Palisades at age 24.
When you’re a teen-TV star, forget living in the dorms your freshman year. Miranda Cosgrove, who recently ended her stint on the popular Nickelodeon show “iCarly,” was ranked one of television’s highest paid actresses. Her hefty paycheck allowed the 19-year-old to spend $2.65 million on a traditional home in the Lower Outpost Estates area, just 20 minutes from the University of Southern California’s main Los Angeles campus.
Like many stars on the under-25 list, Selena Gomez got her start on kids’ television, first starring in “Barney & Friends,” and then moving up to Disney Channel’s “Wizards of Waverly Place.” Gomez also recently recorded an album and is currently staring alongside James Franco in “Spring Breakers,” which already cracked the box-office top 10 after hitting theaters March 22. Her L.A. home was once owned by Jonah Hill and sits on just under an acre, gated corner lot in Tarzana.
Actress Emma Stone reportedly picked up her first house with “The Amazing Spider-Man” co-star and boyfriend Andrew Garfield in late 2012. They chose a private gated home in Beverly Hills for $2.5 million. Situated behind high hedges, the 4-bedroom house has ample outdoor living space to soak up the California sun.