While the world remained focused on Sandra Bullock’s acting feats and accomplishments, the mega-superstar silently kept dropping millions into the real estate market across the US. Being the highest-paid actress and one of Time’s most influential people comes with its own perks.
As of now, Bullock is no less than a businesswoman, investing and dealing in commercial and residential properties for decades. As such, the actress holds one of the most astonishing real estate portfolios amongst all of Hollywood. According to a thorough scrub of US records, across the nation, Bullock holds ownership of no less than 17 properties, including LLCs and other investment entities.
Miss Congeniality? More like Miss Realty.
Let’s Go Back to 2018…
…when Bullock acquired the first of many recent multimillion-dollar properties. With the help of three different agencies, Bullock gained ownership of three separate properties: 2 Malibu guard-gated oceanfront homes and 1 mansion in the mountains above Beverly Hills. Without the hassle of mortgages, the trio cost her about $16.5 million in total.
Notably, the actress used the 1031 exchange to acquire the first $8.5 million Malibu property. Having only recently sold her rental in Hollywood Hills, Bullock was able to defer capital gain taxes on the property. Talk about beauty, talent, and brains. The deadly trio!
Skipping Two Years Ahead…
…to June 2020.
While most celebrities struggled under the constraints brought about by the coronavirus pandemic, Bullock continued to flourish. As such, her property acquisition continued with another Malibu oceanfront property worth $5.3 million. The beautiful cottage is now listed as a rental, though it is unclear if anyone has picked it up yet.
The Latest Haul…
…which was consummated only last month.
Known to pick out the hottest neighborhoods, Bullock’s property-forward nose led her to a celeb-fav spot above Beverly Hills. This little midcentury bungalow cost the actress $2.7 million, and we’re yet to find out if Bullock is planning on making a rental out of it too.
Her Current Whereabouts
For now, the Virginia-born superstar reportedly spends her time between four properties: a multi-acre estate nestled in the mountains above Beverly Hills, a two-house hilltop compound in Wyoming, an Austin, Texas lakefront mansion in Austin, a Gothic Victorian New Orleans mansion, and a $12 million New York City townhouse.
Though her prime acquisitions seem to be in the Malibu and Los Angeles area – obviously where the creme-de-la-crop tends to reside, she has a few properties scattered here and there throughout the nation.