Sylvester stallone’s abandoned house had sat empty and abandoned for over 20 years.
But in the past few years, he’s been selling off his properties and even leaving LA to move back to New York City.
What happened? To understand why Stallone abandoned his house, you have to look at how much he earned and what he lost during his heyday, as well as how he managed his money and how it all changed with time.
Why would the former home of one of Hollywood’s most famous action stars, Sylvester Stallone, sit abandoned and decaying?
The answer may surprise you. If you find yourself wondering why this house in Santa Monica has become such an urban legend, read on to find out the most likely reason!
Why is sylvester stallone’s house abandoned?
The internet has been buzzing with gossip that sylvester stallone house design in Miami, Florida has been abandoned after being left empty for years.
The rumors first started when fans noticed the overgrown foliage and unkempt landscaping on Stallone’s property (pictured below). Since then, no one has seen or heard from Stallone in several years, leading some to believe that he may have vacated his Florida mansion altogether.
Who is sylvester stallone
Actor, director, screenwriter, producer, and musician. Slyvester gardenia Stallone (born July 6, 1946) is an American actor, filmmaker and screenwriter.
He has received many accolades in his career including two academy awards; he wrote or co-wrote most of the 14 films in all three franchises. In addition to rocky, these include rambo: first blood part ii (1985), rocky iv (1985), cobra (1986), over the top (1987), rambo iii (1988), stop!
What happened to his wife, jennifer flavin
Jennifer flavin (born march 23, 1966) is an american model and actress. She has been married to actor sylvester stallone since december 13, 1997.
They have three daughters together: sophia rose (born december 1997), sistine rose (born october 1999), and scarlet rose (born august 2001). Jennifer has another daughter from a previous relationship named seargeoh ann knauff who was born july 7, 1988 in los angeles, california.
Jennifer gave birth to her first child at age 24; she gave birth to all three of her children before she turned 30.
The neighborhood where it happened
In 1999, after more than 25 years in bay ridge, brooklyn, sly and his wife jennifer flavin purchased a $9 million estate in miami beach.
Despite both houses being on a busy road that leads to miami beach’s art deco district, sly’s house managed to stay under wraps for nearly 20 years.
It was only recently discovered when google maps’ new aerial feature started revealing homes owned by celebrities such as madonna and michael b jordan.
Before that, fans had never known exactly where sly lived except for those who happened to live nearby or had met him personally. A man living across from his home at one point said sly did not spend much time there during his most recent visits to florida.
How can you avoid this happening to you?
You should always update your will and keep it in a secure location. It’s important to make sure that your heirs know where your will can be found, and if they have access to it.
Keeping your document in a fireproof safe that only you have access to, or stored on an encrypted digital device, are just two ways you can guarantee that your loved ones are able to get access to their inheritance after you pass away.
You should also regularly check-in with family members who inherit wealth from you – sometimes sudden money can lead to huge problems for those who are unprepared for such financial windfalls.
Exterior look of the house
The first thing you will notice is graffiti on his door and his porch light that is covered by trash. As you walk up to his driveway, there are weeds everywhere surrounding his house that are approximately 1 to 2 feet tall.
What the interior looks like now
The interiors of sly’s home are just as impressive. The main house features a spacious kitchen/living area, with a spacious master bedroom above.
according to yahoo, there are two guesthouses on site as well, along with several outbuildings (including another huge gym). It all adds up to over 12,000 square feet of space for sly and his family—plenty of room for plenty of action.
Sylvester stallone abandoned cars and house
Stallone later played a supporting role in cop land, before starring in a series of successful action films in which he plays a police officer or vigilante.
He has also served as both an executive producer and writer for several television shows, including mickey spillane’s mike hammer and judge dredd.
Sylvester stallone abandoned house location
You might expect to find an abandoned home nestled in an isolated area, perhaps hidden by thick vegetation or barricaded behind a tall fence.
But if you’re looking for sylvester stallone’s house in miami, there’s no need to guess it sits right on a busy street.
Sylvester stallone abandoned house and cars maryland
It could be because he owed back taxes on it, but even that might not be enough to keep him from coming back to his house.
So why did sylvester stallone abandon his home in maryland if he didn’t have to, and why hasn’t he tried to sell it or turn it into a museum? The only concrete answer we can find: it might not have been his choice at all.
Why did sylvester stallone abandoned house maryland
Despite being one of the most anticipated movies of the year, Rocky Balboa fell short of analysts expectations, who predicted it would earn $20 million more than what it actually made during its first weekend in theaters.
The property was designed to be a 10-room mansion with a two-story pool house. However, after spending $2 million, he ended up selling it in 1978 for just $500,000. When property taxes went unpaid, however, it was sold at auction to k.hovnanian homes in 1993 for just $25,000.
Why did sylvester stallone abandon a house
He and his family lived there from 1983 until 1989, when he sold it to a developer for $4.7 million (that’s over $8 million today).
The new owner intended to tear down the house and build another but then decided against it, choosing instead to put it up for sale in 2006 with an asking price of $9.5 million—but no buyers stepped forward. That could be because at that point its condition had deteriorated greatly due to years of neglect.
Why does sylvester stallone have an abandoned house
In february 2013, stallone lost and was evicted from his house. However, he has started to rebuild his financial security thanks to a couple of recent projects, including bullet to the head and expendables 2. He also filed for divorce from his wife days before he went into foreclosure on his $16 million estate in june 2011.
After splitting with jennifer flavin – who bore him three daughters – he dated and then married model-actress-singer jennifer flavin in april 2013
Does sylvester stallone have an abandoned mansion
It’s widely believed that he does, but it’s not entirely clear what has happened to it. At one point, before his current home was in place, there was a mansion that served as stallone’s residence – however, it seems to have been abandoned for years. There are various explanations for why it’s no longer in use and whether or not sly owns a house somewhere else in california.