Tom Cruise's rumored Scientology retreat in the Hollywood Hills just sold for a loss at $11.4 million

Dennis GreenSep 29, 2015, 21:48 IST

Trulia.comTom Cruise has shed tons of real estate baggage over the past couple of years.

Tom Cruise has reportedly sold his Hollywood Hills compound for $1.6 million under the asking price.The gated, European-style villa, which was listed in March for $13 million, is said to have closed at $11.4 million, which is slightly less than the actor paid for it. According to Variety, it's rumored that Cruise used the 2.5 acre property as a retreat for high-level Scientologists. Recently, Cruise's sister was living on the property. The estate comprises two parcels of land with a main house and guest house. The latter was purchased by Cruise for $1.8 million shortly after he bought the main property in 2005 for $9.85 million, bringing the total to $11.65 million, not including any home improvements Cruise may have made. The movie star seems to be undergoing a real estate overhaul. In November of last year he listed his Colorado estate for $59 million, and back in 2013 he listed his New York townhouse for $28 million, as well as an East Village condo for $3 million. He currently lives in a Beverly Hills mansion he bought for $30.5 million in 2007, according to Variety.Keep scrolling for a tour of the Hollywood Hills mansion shrouded in Scientology rumors. Megan Willett contributed to an earlier version of this post.

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Tom Cruise's rumored Scientology retreat in the Hollywood Hills just sold for a loss at $11.4 million