Gisele Bündchen and Tom Brady Could Make $27 Million From Flipping Their Los Angeles Estate: Get the Details

Brady bought the 13,890-square-foot home for $11.5 million and the golden couple have listed it for $50 million after making some considerable improvements

By Natalie Finn, Lindsey Caldwell Mar 20, 2014 2:09 AMTags
Tom Brady, Gisele BundchenLarry Busacca/Getty Images

Add "savvy real estate investors" to the lengthy list of bona fides that the already impressive duo of Gisele Bündchen and Tom Brady can boast as their own.

The Brazilian supermodel and her NFL star husband are selling the mansion in L.A.'s celeb-friendly Brentwood neighborhood that a then-single Brady bought in 2008 for a reported $11.75 million. And—alert Million Dollar Listing Los Angeles—they've listed the 13,890-square-foot home for $50 million.

But the markup is not just because they once graced the space with their presence.

"Gisele and Tom spent a lot of time making sure that every inch of this home was made of the utmost quality," Redfin real estate agent Eric Tan tells E! News. "Almost everything was custom designed, from the gym to the library to the pool lined with hand-poured glass tile."

"This home was really built for the likes of royalty," Tan adds, "with walls made of three types of Texas limestone, an oak-paneled library, and a pool lined with hand-poured glass tile."

"Tom and Gisele built this home from scratch, so it really reflects their personal style—and expensive taste."

Meaning, the profit margin isn't as simple as subtracting 11.75 from 50. But the handsome couple still stand to make a pretty penny from flipping this house, designed by Malibu-based architect Richard Landry.

Courtesy Redfin.com

"This is a great home, in one of the best neighborhoods in Los Angeles—Brentwood Country Estates," real estate expert Brendan Fitzpatrick, founder and director of The Agency and a regular on Rich Kids of Beverly Hills, tells E! News.

He says that the cost of building the home as it currently stands could have been anywhere from $800 to upward of $2,000 per square foot.

"A probable price for the home would be anywhere north of $27 million and could possibly be as high as $50 million," Fitzpatrick says. "Supply of homes like this is extremely low and there's a huge demand to buy in L.A. right now and causing magnitudinal changes in price. On top of that, it's a celebrity home, one of only two homes in L.A. with a moat and it has worldwide attention from when it was published in Architectural Digest."

Courtesy Redfin.com

He adds: "Projecting their profit is difficult, not knowing what they spent or what it will sell for, but millions for sure."

Doing the math based on these estimates, meanwhile, puts their profit anywhere between $10.47 million and $27.138 million, depending on how much the renovations cost per square foot.

For instance, if they bought the 13,890-square-foot house for $11.75 million and remodeled it for $800 per square foot and manage to sell it for $50 million, they end up with $27.138 million. If it was the more expensive of the remodels, they end up with $10.47 million.

It's also highly possible, of course, that Brady and Bündchen won't actually get their asking price, but—pending statewide financial collapse—it's likely that they aren't going to lose money on the deal.