Why Diddy's $61.5M L.A. Mansion Remains Unsold After Nearly A Year Amid His Legal Battle

Sean "Diddy" Combs listed his luxurious mansion in Holmby Hills for a staggering $61.5 million weeks before he was arrested in September last year.

However, the property has remained unsold as realtors and potential buyers choose to distance themselves from the deal, seemingly because of the legal scrutiny he's currently facing.

Several bombshell revelations have emerged from the rapper's ongoing trial. A special agent who was in charge of the Homeland Security raid on Sean "Diddy" Combs' Miami property confirmed that they found drugs and weapons in his house.

Diddy's Holmby Hills home in L.A. remains without a buyer after nearly a year sitting on the market.

The "Finna Get Loose" rapper bought the 10-bedroom, 13-bathroom estate in 2014 for $39 million, but listed it for $61.5 million just a week before he was arrested and subsequently remanded at the notorious Brooklyn Metropolitan Detention Center.

The sprawling property boasts luxury features including: a 35-seat movie theater, a guesthouse with a recording studio, a pool with a grotto and waterfall, a traditional pizza oven, and a spa house.

Yet, despite its lavish offerings, the property has attracted little to no interest from prospective buyers since it was listed, as Diddy's ongoing legal battle seems to be affecting its sale.

"I wish I could help, but no agents want to touch that house or be in any stories related to the case or the listing," a local real estate agent told the Daily Mail about the stigma from Diddy's legal battle on the sale of the property.

Another issue that seems to be preventing Diddy's mansion from walking off the market seems to be the price.

An industry expert told the Daily Mail that the price is "ridiculous" and doesn't seem to align with the current climate in the market.

In March, the property briefly disappeared for about 12 hours before returning with the same price, suggesting that the Bad Boy Records founder isn't looking to adjust his asking price.

Meanwhile, not everyone is pushed back by the controversy surrounding the home as real estate investor Steven "Bo" Belmont, known for acquiring high-profile properties with reputational baggage, reportedly offered $30 million for the estate.

Belmont expressed confidence that he'll be able to change the narrative surrounding the estate, at least if Diddy is willing to let it go at that price.

"I want to remove the stigma and focus on the charming elegance of this remarkable property," he said in a statement at the time.

Diddy is currently facing federal charges including sex trafficking, racketeering, coercion, physical abuse, and transportation to engage in prostitution.

Homeland Security operatives raided his L.A. and Miami mansions simultaneously in March 2024, and the special-agent-in-charge on the ground for the search on Diddy's Miami Beach home testified in court, saying they found drugs and weapons there.

Gerard Gannon said that he was assigned to Diddy's Miami home because it was tied to a human-trafficking investigation, with about 80 to 90 law enforcement agents participating in the raid because of the large expanse of the property.

According to CNN, the jury was shown photos of items recovered in Diddy's main bedroom closet, and they included high heels, sex toys, baby oil, personal lubricant, lingerie, and "upper and lower receivers of AR-15s," which are part of the weapons recovered.

Also in his testimony, Gannon said that a Gucci bag in Diddy's closet contained an assortment of pills, white powder, a "crystal rock-like substance," a plastic straw, a $100 bill, and other items, per CNN.

A stipulation read out in court claimed that the white powder and residue from the straw tested positive for cocaine and ketamine, as well as that from the $100 bill. A bottle of eye drops also tested positive for MDMA and ketamine, while various tablets tested positive for MDMA.

According to the news outlet, Gannon also testified that a loaded .45 handgun was recovered from a suitcase in a room in the property's guesthouse, which he identified as a "guard shack."

Gannon confirmed that six people were found on the property at the time they raided it, including a music producer, a property manager, and other facilities personnel. He added that no response or drugs were recovered from any of the people on scene at the time.

The embattled rapper is being tried on five felony charges, namely racketeering conspiracy,  two counts of sex trafficking by force, fraud, or coercion, and two counts of transportation to engage in prostitution.

Diddy was initially facing just single counts of racketeering, sex trafficking, and transportation to engage in prostitution, but the extra two counts were added in a superseding indictment in April.

He pled not guilty to all the charges and reportedly rejected a plea deal before the trial.

If found guilty by the jury on all charges, the rapper could face life in prison due to the racketeering charge.

Diddy is also facing a minimum of 15 years for sex trafficking and a maximum of 10 years for transportation to engage in prostitution.