Nick and Vanessa Lachey are once again making headlines in the luxury real estate market. The couple has listed their modern Encino estate for a substantial $7.4 million, just months after acquiring it for $6.795 million. Their ongoing trend of buying and selling high-end properties reflects a keen investment strategy in Los Angeles’s competitive market.
A History of Real Estate Transactions
This latest listing isn’t an isolated incident for the Lacheys. Nick, who has been active in flipping Los Angeles properties for over twenty years, has a notable history in the real estate world. One of his most recognized properties was featured in the reality series “Newlyweds” during his marriage to Jessica Simpson. Nick purchased that Calabasas home in 2002 for $1.685 million, retaining it even after his split. He eventually sold it in 2009 for $3.495 million.
After marrying Vanessa Minnillo in 2006, the couple made several significant moves in the market. In 2011, they bought a property in Encino for $2.85 million, eventually selling it for $4 million in 2016. They then upgraded to a lavish 10,000-square-foot mansion in Encino, previously owned by the late Mexican singer Jenni Rivera, for $4.15 million. This estate was listed in October 2019 for $7 million and sold for $6.6 million by December 2020.
The Hawaiian Investment and Return to Encino
In December 2020, the Lacheys made headlines again by purchasing a mansion in Tarzana for $4.8 million, which they sold to tennis star Naomi Osaka in 2022 for $6.3 million. Vanessa joined the cast of CBS’s “NCIS: Hawaii” in April 2021, prompting the couple to invest in a Hawaiian mansion for $8.795 million. Unfortunately, after the show’s cancellation in April 2024, they listed the property for $9.75 million, ultimately accepting $9.45 million a month later.
Recently returning to the mainland, the couple once again settled in Encino, acquiring a new 8,300-square-foot estate for $6.795 million in July 2024. Just under a year later, they have placed this property back on the market for $7.4 million, leaving many curious about their next destination in the enduring allure of Encino.
A video tour of the property was shared by YouTuber Michael Blakey earlier this year, showcasing the luxurious features of their home.
As of now, there has been no announcement regarding where the Lacheys plan to move next, but speculation runs high that it may lead them back to their favorite area of Encino.
Meet William, a proud Bethel University alumnus with a fervent passion for lifestyle and culture topics. His keen interest doesn’t stop there; he’s also deeply engrossed in current events of all kinds. William dedicates himself wholeheartedly to this site, thriving on the collaborative energy he shares with Suzanne, his long-standing partner in crime.
Having navigated their university courses side by side for years, their teamwork on the site is nothing short of dynamic. Together, they bring a unique blend of insights, proving that two heads are indeed better than one in delivering compelling content.
