Miley Cyrus Sells Her Nashville Ranch for a Big Profit

The country pop singer made an eye-popping profit in her latest real estate transaction.

With home prices soaring like they did over the last few years, anyone with a nice property in a popular location got a whole lot richer — many celebrities in particular saw their nine-figure net worth grow even more just from selling real estate they bought only a few years ago.

At 29, country pop singer Miley Cyrus has amassed a pretty big real estate collection. After skyrocketing to Disney  (DIS) – Get The Walt Disney Company Report‘s “Hannah Montana” fame, she purchased a 5,000-square-foot home in Studio City, California for $3.9 million at age 18 in 2011.

In 2015, Cyrus purchased an equestrian ranch Hidden Hills and traded it in for a larger one a few years later in 2020. The new Hidden Valley Ranch was purchased for approximately $5 million in 2020 and sold for $7.2 million less than a year later.

Cyrus also once had a Malibu compound on which she lost some money — she bought it for $2.52 million in 2018 but sold it for just $1.7 million in 2021.

Nashville Ranch Sells Fast

Cyrus’ latest sale comes from just outside the city of her birth, Nashville. While she has spent a decade living in LA, the pop singer projects a “glam country” image in keeping with the 7,000-square farmhouse she bought for $5.8 million sitting on 33 acres of land in 2017.

Five years later, Cyrus sold the property for a whopping $14.7 million, or over 150% profit. By contrast, the average single-family home price in Tennessee rose from just under $250,000 in 2017 to $381,500 now.

Along with the celebrity factor, the ranch has its main farm house (glammed out with six bedrooms, a master suite with a hot tub and vaulted ceilings) as well as a screened porch, pool and putting green on the rest of the property.

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The $14.7 million deal took place off-market in a very hush-hush manner but celebrity gossip site was the first to latch onto the news. 

As first reported by, Cyrus kept the ranch extremely private during the time she owned it — very little information about what kind of upgrades she made to it are available to the public.

Celebrity Real Estate Follows Its Own Market Rules

After releasing a few chart-topping hits like “Wrecking Ball” and starring as a judge on “The Voice,” Cyrus has been keeping a lower celebrity profile and picked up home-flipping. 

Despite owning homes in several celeb-heavy California locations, the Nashville sale is Cyrus’ most lucrative transaction given that she made over 150% in profit on it in five years.

But even with a prolonged seller’s market overall, celebrity homes follow a separate trajectory from the rest of housing — as many of their owners already have several properties and do not rush to sell, the homes are placed on the market with elevated price tags.

Basketball star Michael Jordan listed a seven-acre estate in Illinois’ Highland Park for $29 million in 2012 and, a decade later, still hasn’t sold it despite lowering the price numerous times to $14.8 million.

Socialite Khloé Kardashian sold the Calabasas estate that appeared on “Keeping Up With The Kardashians” for $15.5 million in 2021 after a year on the market.

But for the rest of the world, the average American home sold after a median 43 days on the market in June.

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