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Ryan Seacrest Takes A Huge Loss On Sale Of Hollywood Hills Home

By Radar Staff

Ryan Seacrest has finally sold his Hollywood Hills home two years after first listing it.

The American Idol host paid $11.5 million when he purchased the estate from Kevin Costner in 2006. Assuming the standard six percent sales commission, Seacrest would have netted $10,340,00 off the sale, meaning a loss of $1,160,000.  Ouch!

Even worse, the property went for $11 million, nearly $4 million less than the original asking price.

PHOTOS: Ryan Seacrest Has Sold His Hollywood Hills Estate

And what did his buyer get? The 10,000-square-foot villa has six bedrooms and six and a half baths, plus a gym, wine cellar and screening room.

There’s a swimming pool — of course — and a tennis court.

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Seacrest is moving on to a Beverly Hills compound he purchased from Ellen DeGeneres earlier this year for a cool $37.5 million.


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