We can bet on it – whoever coined the phrase “never put all your eggs in one basket” must’ve been a celebrity!
Apart from earning millions of dollars via acting or live performances, celebs make huge bucks either through their investments, or endorsements or even through flipping houses they’ve owned for short periods. Ain’t that some serious wealth-oriented thinking?!
Though most actors, musicians, and models switch properties for profit or to get rid of boredom, a few of the lot are molded out of a different clay. Justin Timberlake and Jessica Biel, for instance! The entertainment industry power couple is selling their house in Hollywood Hill because they don’t want to spend extra money on things they don’t want and are planning to keep things simple. Well, thank goodness for someone who thinks constructive for a change!
The reason behind selling the property
Timberlake and Biel shared that they’re quite satisfied with living in Montana and are rarely in L.A. That’s the primary reason they’ve decided to bid goodbye to their lavish Hollywood Hills property and make the one in Big Sky country their permanent home. The listing of their LA house, which was estimated to be $35 million, is being handled by Dew Fenton and Paul Huchel of Hilton & Hyland.
A look at the house’s history
This 10-acre property is positioned in a cul-de-sac and boasts a Spanish-style huge house spanning across 13,000 sq. ft. The mansion comes with seven-bedrooms, a screening room, a gym, a guest house, a tennis court, and a massive pool.
According to the Wall Street Journal, portions of Timberlake’s property in Hollywood Hills were previously owned by Errol Flynn, renowned actor from the 30s and 40s. The rest of the land was purchased by Timberlake from Helen Hunt. During the pandemic, Justin and Jessica spent most of their time at their home in Montana where they welcomed both sons, Silas and Phineas.
What’s the couple up to these days?
Jessica Biel was recently in the headlines for launching her family-oriented wellness brand, Kinderfarms. Husband Justin Timberlake was also busy alongside her, prepping for the launch, and now that it has, the couple are taking a slight breather, enjoying family time and juggling parenting families.