Sean ‘Diddy’ Combs Slashes Price Again on Alpine Mansion

After his New Jersey mansion spent nearly five years on and off the market, hip-hop heavyweight Sean “Diddy” Combs has once again substantially slashed its price. Located about 20 miles north of Midtown Manhattan in the tiny but prodigiously affluent borough of Alpine, the 3.25-acre estate first popped up for sale over the summer of 2011 at $13.5 million, and since then has undergone numerous discounts that have dropped the asking price to its present sub-$8 million level. Combs acquired the nearly 9,000-square-foot vaguely Colonial-style red brick mansion in July 2004 for $6 million. Marketing materials show that the 20-some-room behemoth has seven bedrooms — three multi-room master suites and three en suite bedrooms with walk-in closets, plus a staff bedroom in the basement — and a total of 9.5 bathrooms in about 17,000 square feet.

Formal living and dining rooms flank a voluminous central foyer that opens to a grandiosely cavernous double-height great room with wet bar and fireplace. There’s a second, green marble-faced fireplace in the wood-paneled library, and the expensively outfitted if decoratively generic kitchen opens to a dining nook set into a windowed bay. A full gym and bath sit atop a detached three-car garage that abuts an indoor basketball court, and the finished basement holds a small but plush home theater along with a disconcertingly gargantuan, 2,000-square-foot recreation room. Manicured grounds encompass rolling lawns and mature gardens, swimming pool, spa and a lighted tennis court.

In addition to his lingering Alpine spread, Combs is having a devil of a time dumping a glammed-up New York condo he picked up in early 2005 for a sliver more than $3.8 million. First put up for sale way back in the fall of 2012 at $8.5 million, it remains unbought at a hair under $7 million. As much as we’re certain he’d like to sell the above mentioned properties, we imagine their costly upkeep is more a nuisance than a financial hardship for the entrepreneurial music industry mega mogul who Forbes estimated last year presides over a fortune just shy of three-quarters of a billion dollars. Commensurate with his prodigious pecuniary means, Mister Diddy maintains a heavy-duty property portfolio: a 12,000-square-foot waterfront mansion on Miami’s Star Island; a considerable estate in L.A.’s Holmby Hills scooped up in 2014 for $39 million; and a bay-front contemporary in East Hampton, NY, that, turns out, has rather surprisingly come available as a summer rental at $95,000 per month.

listing photos: Prominent Properties Sotheby’s

More Dirt

  • Ellen DeGeneres House

    Ellen DeGeneres, Portia de Rossi List Oceanfront Contemporary

    Ellen DeGeneres and Portia de Rossi, two of Hollywood’s most prolific ultra high-end house flippers, have put their oceanfront estate in Carpinteria, Calif., up for sale at $24 million, a 29% increase above the $18.6 million the property mad couple paid for the one-plus acre spread not even two years ago. Long owned by prominent [...]

  • Steve Martin House

    Steve Martin Seeks Buyer in Beverly Hills

    Steve Martin has hung a not-quite $2.15 million price tag on the smaller of his two residences that are discreetly tucked into a little-known Beverly Hills, Calif., cul-de-sac in the ruggedly ritzy mountains between Coldwater and Laurel Canyons. Listed with Myra Nourmand of Nourmand & Associates, the semi-retired septuagenarian actor, writer and producer, also accomplished [...]

  • Jerry Perenchio Hous

    ‘Beverly Hillbillies’ Mansion Gets Super-Sized Price Cut

    After an epic $50 million price cut, the legendary Los Angeles estate of late billionaire Jerry Perenchio, in the tony heart of Bel Air and known as Chartwell, is now listed at $195 million. Astronomically high as it may be, the drastically reduced new asking price pushes up on half of the preposterously optimistic $350 [...]

  • David Sacks House

    Yammer Founder David Sacks Seeks $22.5 Million for Silicon Valley Estate

    A lavish compound on one of the best streets in Atherton — arguably the most desirable neighborhood in all of Silicon Valley — has popped up for sale with a hefty $22.5 million ask. Owned by angel investor David Sacks and his longtime wife Jacqueline Tortorice, the one-acre property features a traditional-style mansion and guesthouse [...]

  • Kate Spade Apartment

    Manhattan Home of Late Fashion Maven Kate Spade Comes to Market

    The New York City apartment where late fashion designer Kate Spade died just over a year ago has come to market at $6.35 million. Spade and husband, Andy Spade, also her business partner in the Kate Spade New York luxury fashion brand and its various spinoff labels, bought the eight-room Park Avenue spread 20 years [...]

  • Jay Stein House Bel Air

    Stein Mart's Jay Stein Drops $31 Million on Iconic Bel Air Estate

    Although the longterm outlook for most retailers typically ranges from grim to bleak, things are somewhat rosier at Stein Mart. The discount apparel chain, which sports nearly 300 stores in the southern U.S., recently added Amazon Lockers to most locations — a move guaranteed to bring them increased foot traffic — and are cooking up [...]

  • Kirsten Dunst

    Kirsten Dunst Lists Los Angeles Waterfront Property (EXCLUSIVE)

    A waterside residence in Los Angeles’ tony Toluca Lake area that has long been owned by Kirsten Dunst, but primarily occupied by her family, has popped up for sale at $4.7 million. The early aughts “Spider-Man” franchise star, a 2016 Emmy nominee for “Fargo” whose upcoming TV series, “On Becoming a God in Central Florida,” [...]

More From Our Brands

Access exclusive content