The Rock Just Paid $28 Million For Paul Reiser’s Beverly Park Mansion

ByBrian Warneron April 17, 2021inArticles›Celebrity Homes

I have a question for the residents of Beverly Park: Do you smell what The Rock is cooking ??!! Ok maybe you don’t quite yet because this deal just closed, but soon a few very lucky neighbors will indeed be able to smell what Dwayne Johnson is cooking. I’m guessing it will be grilled chicken. Unless it’s a cheat day. Then it will be the smell of like 35 pancakes.

Dwayne “The Rock” Johnson is the newest resident of Beverly Park. Beverly Park is the ultra-exclusive gated community high up in the hills of Beverly Hills where some mansions have recently been listed for $100+ million.

Dwayne joins fellow celebrity Beverly Park residents like Eddie Murphy , Mark Wahlberg , Sylvester Stallone , Rod Stewart , Denzel Washington and Sofia Vergara .

With the purchase, Dwayne displaces a longtime celebrity Beverly Park resident, actor Paul Reiser . But don’t feel too bad for Paul. He’s getting $27.8 million, which is a significant profit over the $6 million Paul paid for the home back in 1998.

Fun fact – Paul also displaced a celebrity Beverly Park resident when he bought the home in 1998. Paul bought the home from Alex Van Halen , who actually built the property from scratch in 1993. In retrospect, that was a bad move for Mr. Van Halen. Soon after selling the home, he bought a mansion in Hidden Hills for $2 million. Today his Hidden Hills home is worth, at most, around $5 million.

He should have held onto Beverly Park!

The Rock’s new estate spans 3.6 flat acres. That’s significant because a bunch of Beverly Park mansions boast 3-4 acres of property, but a lot of the land is actually steep unusable hillside.

The main house is 15,000 square feet. The guest house is 2,500 square feet. The estate features a tennis court, elevator, movie theater, indoor swimming pool, outdoor swimming pool, a “world-class gym” fit for The Rock, and get this…

A baseball diamond!

Here’s a video of the home from when it was listed back in 2018. You can see the baseball diamond at the 1:20 mark:

Outside of California, The Rock owns a 46-acre equestrian estate in Powder Springs, Georgia. He bought this estate in November 2019 for $9.5 million. For some reason Dwayne listed this property for sale just 14 months after the purchase, for $7.5 million, a potential $2 million loss. He hasn’t found a buyer yet.

It’s unclear where Paul Reiser is off to next, though he is still the owner of record of a condo in Beverly Hills which was purchased in 2007 for $755,000. Talk about downsizing! Though, I’m sure he’ll buy something new within the next year to chop down some of that roughly $23 million taxable gain.

FYI, the monthly Beverly Park HOA fee is $3,300. Also, Dwayne’s annual property tax bill will be around $300,000.

Thankfully, with a net worth of $400 million and annual income typically in the $50-100 million range, I think The Rock can swing it.

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