Kanye West's (now Ye) 4,000-square-foot Malibu mansion will be acquired by Belwood Investments for $21 million.

The Tadao Ando-designed home commanded a $57.3 million asking price when West purchased the home in 2021. Earlier this year, he decided to sell it, initially asking for $53 million, before bringing the price down to $39 million. The steep price cut came after Kanye reportedly gutted the house's interior (including plumbing and electrical) leaving nothing but the exposed concrete structure.

The sale of the home was handled by the Oppenheim group (a name familiar to fans of Netflix's Selling Sunset). Interestingly, the listing on their website only has photos of the home prior to West's complete disembowelment of the interior.

Thankfully, it sounds like Belwood Investments knew what they were getting into when they finally swooped in to purchase the home at a whopping $21 million, $39 million less than what West bought it for.  CEO Bo Belmont had this to say when asked about his plans for the property:

“This is not just a phenomenal real-estate investment, [...] It is an opportunity to revitalize and preserve an architectural gem by the renowned Tadao Ando, ensuring it remains a jewel of Malibu.”

During the renovation, Kanye reportedly told a worker “This is going to be my bomb shelter. This is going to be my Batcave.” according to The New Yorker.

Kanye's Batcave was never completed.