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Paris finds a new Beverly Hills palace

Paris Hilton is on the move. The heiress bought a new home in the gated community of Mulholland Estates in Beverly Hills, according to the Wall Street Journal.
/ Source: Access Hollywood

Paris Hilton is on the move.

The heiress bought a new home in the gated community of Mulholland Estates in Beverly Hills, according to the Wall Street Journal.

The asking price for the Mediterranean-style house was $6.25 million, but Paris reportedly ended up paying a closing price of $5.9 million a week ago.

Not only did Paris get a nice deal on the home, she also ended up with a lot more living space: At 7,500 square feet, the new pad is more than double the size of her previous 3,000 square-foot home in the Hollywood Hills.

Built in 1991 on 3/4 of an acre, the new Paris palace features five bedrooms and five and a half baths.

There’s also a fitness room included, but Paris doesn’t plan to work out in it. Her uncle and real estate agent, Mauricio Umansky of Hilton & Hyland (affiliated with Christie’s Great Estates), tells WSJ that she’s planning to convert the room into a shoe closet.

If she does feel the need for exercise, Paris can always play some tennis on one of the community’s shared courts.

Paris looked at about a dozen homes before making the offer on this one, according to her uncle, and she plans to “redecorate extensively.”

There is a signed purchase contract for $4.2 million on her former home (from an undisclosed buyer), according to the report, and the closing is expected next week.