News | August 29, 2012

Ryan Seacrest Loses $500K on Bachelor Pad to Move in With Girlfriend Julianne Hough

News | August 29, 2012

While Ryan Seacrest says bye-bye to the single life, the sale of his bachelor pad was considered a loss after closing at $11 million. The wacky host of American Idol is by far not worried at all, of his recent sale of the mansion, formerly owned by Kevin Costner. Seacrest purchased the home back in 2006 for $11.5 million and attempted to sale the home twice, once in 2010 for $14.95 million and again in this past May for $11.985 million.

Even though the purchase was a loss of $500,000, Seacrest is still a winner, with his recent purchase of a 2.87 acre compound in Beverly Hills in which his purchased from Ellen DeGeneres back in March for $37 million, not to mention, this is the very same home that he shares with his longtime girlfriend Dancing With the Stars’ Jennifer Hough.

Seacrest might have said farewell to his 8,000 square foot bachelor pad that includes a tennis court, an enormous wine cellar, guest house and swimming pool, but his recent move still goes down as one of the biggest real estate moves among celebs.

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