Eddie Murphy’s Mansion Nightmare Over!

Eddie Murphy’s Mansion Nightmare Over!

Eddie Murphy's Mansion Nightmare Over!

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It’s a major step up from the duplex loft they have been living in since before they were married. Good for you, Alicia Keys and Swizz Beatz - congratulations! Now your daughter, Egypt, can just run out the door onto the grass to climb a tree, plant a flower or just run to her heart’s content without it being a major project to haul her over to Central Park every day. As she grows up, this house provides so many things to do that her friends will want to come over to bowl, swim, shoot pool . . . you’ll never have to worry about where she is. It’s a good game plan for the future and what a deal! You bought it for $18 million under the original ask of $30 million.

For almost eight years, Eddie Murphy has been trying to sell Bubble Hill. He bought it in 1985 for $3.2 million and first put it on the market in 2004 for $30 million, where it has lounged around with no takers through various price changes until it finally hit his rock bottom of $12 million. In May of this year, the house finally went under contract and the sound was almost audible when real estate gawkers everywhere finally took a deep breath. But who was buying it? No one knew. However, at the end of October, the Daily News reported that the holders of the contract wereAlica Keys and her producer husband, Swizz Beatz. Though they haven’t closed yet, that time is getting close. Included in their purchase is the 2-acre lot behind the house. Sometimes a perfect fit between a house and the people who were made for it just takes time. We think the first thing the Beatz’ will do is change the name from Bubble (party) Hill to something more befitting such a lovely estate.

Inside the 25,000 square foot mansion are 32 rooms that include 8 bedrooms, 14 bathrooms, 2 elevators, a bowling alley, racquetball, tennis courts, indoor pool, and a recording studio. The 4-acre gated property also has a large guesthouse.

The New Jersey home has been for sale for over 7 years. Was $30 million – now $12 million. Reports are that Alicia Keys, the 31-year-old, New York-born R&B singer who has won 15 Grammys, is buying the home.

Source: www.sothebysrealty.com