Sir Elton John and partner David Furnish acquired a new property with an impressive deal, which is £19million ($29million) less than the original asking price, American magazine Variety reported.
Originally, the price of the ten bedrooms home with a grand staircase and plush interiors is at £41million ($63million) but John and Furnish were able to buy it for only £22million ($34m) .
The mansion s built in 2001 and was sold by Armand Marciano, co-founder of fashion label Guess. It features an elevator used to navigate the floors of the Mediterranean-style villa with 25,000 square feet area.
The design of the house is perfect for large-scale entertainment. It has a double-height foyer, expansive living and dining rooms, a commercial-grade kitchen, a library, family room, cinema, wine cellar and also a gym.
The newly acquired home features seven main bedrooms, that includes three en suite staff bedrooms, 10 bathrooms, and also 12 half bathrooms. It also has nine fireplaces, and a whopping 11-car subterranean garage, which suits Elton since he is a car collector.
After selling his 20 Aston Martins, Bentleys, Ferraris, Jaguars and Rolls Royces for £2million ($3m) in 2001, he was left with eight cars.
As for its landscape, it has a large lawn that is bordered with flowers and pathways. There is also a swimming pool with a pool house that contains a kitchen, tennis court and pizza oven.
Back in 2012, the 68-year-old singer also bought a property in Beverly Hills for £4.7million ($7.2m). Apart from that, he owns a property in Atlanta, a stunning villa on top of Mont Boron in Nice, a country estate in Windsor and also a town house in the exclusive Holland Park area of London, Mail Online reported.
Sir Elton's current net worth is £270million ($413million) plus the newly acquired house which will be added to this property portfolio.