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Diddy’s mansion lingers on LA market for 250 days at $62M

Broker Kurt Rappaport can’t shake stigma of federal sex trial of rapper tycoon

Diddy Combs’ Mansion Lingers on LA Market for 250 Days
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Key Points

AI Generated.
This summary is reviewed by TRD Staff.

  • Sean “Diddy” Combs' Holmby Hills mansion, listed for $61.5 million, has struggled to find a buyer for over 250 days due to his legal troubles.
  • Real estate agents are reluctant to be associated with the property and the case, leading to difficulty in selling the 10-bedroom, 13-bathroom mansion.
  • Despite a potential $30 million offer from real estate investor Steven “Bo” Belmont, the property faces public perception issues related to the allegations against Combs.

Luxury broker Kurt Rappaport has for more than 250 days tried to convince buyers to pay $61.5 million for the Holmby Hills mansion owned by Sean “Diddy” Combs, on trial for sex trafficking. 

But the co-founder of Westside Estate Agency can’t get a bite for the 17,000-square-foot mansion and guest house at 200 South Mapleton Drive, the New York Post reported.

The rapper and Bad Boy Records founder listed the 10-bedroom, 13-bathroom mansion for $61.5 million a week before his September arrest on federal charges that include trafficking, racketeering, coercion and physical abuse. 

He pleaded not guilty and is now engaged in a closely watched trial in New York.

Combs bought the 1.3-acre estate in 2014 for $39 million. But Rappaport, who holds the listing, hasn’t found a buyer willing to ignore the legal and public fallout from the case. The broker declined to respond to a request for comment from the Post.

One local real estate agent noted the chill that Combs’ name had on the listing.

“I wish I could help, but no agents want to touch that house or be in any stories related to the case or the listing,” the agent, speaking anonymously, told the Daily Mail. 

The price is “ridiculous,” another unidentified “expert” said, in light of the serious allegations against Combs.

The gated two-story white mansion, built in 1933, joins an adjacent guest house overlooking a large glade and pool. 

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The main house, at the end of a cobblestone drive, has a formal dining room, a gourmet and catering kitchen, wine cellar and a theater for 35 guests. The guest house has a gym and recording studio.

The estate is home to mature trees and gardens, a resort-like swimming pool with a waterfall and grotto, a spa house, basketball court and a covered loggia with a BBQ, bar and pizza oven. 

The mansion, which once hosted a 2017 Grammy Awards afterparty, never hosted the music mogul’s alleged “freak offs” — or multi-day drug- and sex-fueled parties. Combs later used footage of these encounters to blackmail victims, according to prosecutors.

Though Combs’ former partner, singer Cassie Ventura, testified that the property wasn’t the site of these gatherings, public perception appears less forgiving — with the exception of real estate investor Steven “Bo” Belmont.

The owner of Newport Beach-based Belwood Investments, known for nabbing high-profile properties with poor reputations, reportedly offered $30 million for the tainted Combs estate.

Belmont, who bought Kanye West’s deteriorating Malibu home for $21 million, expressed confidence in righting the baggage tied to the nearly century-old Holmby Hills estate.

“I want to remove the stigma and focus on the charming elegance of this remarkable property,” Belmont said in a statement.

Dana Bartholomew

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