Sean Combs spends $40 million for newly built mansion The mansion Sean Combs bought was not on the market and had been completed this year. (Google¿ Earth | Inset: Getty Images) By LAUREN BEALEcontact the reporter Sean Combs quietly acquires mansion in exclusive L.A. neighborhood Diddy s new mansion has a 35-seat theater, a gym and a lagoon-style swimming pool P. Diddy drops $40 million in Holmby Hills for newly built estate on more than an acre Sean John Combs, aka Puff Daddy, P. Diddy or just plain Diddy, has bought a newly built mansion in the Holmby Hills area of Los Angeles for $40 million. Completed this year, the European-style villa has about 17,000 square feet of living space in a two-story main house with a 35-seat theater, a gym and a wine room. There’s another 3,000 square feet in another structure. The more than one acre of grounds includes a lagoon-style swimming pool with a grotto connected by an underwater swimming tunnel. Hot Property Dr. Dre spends $40 million fo

Will they survive the heat wave? (at Christophe Choo Real Estate Group - Coldwell Banker Previews International)

Will they survive the heat wave? (at Christophe Choo Real Estate Group - Coldwell Banker Previews International)

Let get this new day started! (at Christophe Choo Real Estate Group - Coldwell Banker Previews International)

Let get this new day started! (at Christophe Choo Real Estate Group - Coldwell Banker Previews International)

What the heck 106 in Bel Air? (at Bel Air Crest - Gated Community in Bel Air 90077)

What the heck 106 in Bel Air? (at Bel Air Crest - Gated Community in Bel Air 90077)

Kim, Kanye Purchase Former Lisa Marie Presley Estate The reality TV/rap-star couple is at it again. Despite whiffing on their dream to wed in France, Kim Kardashian and Kanye West have found a marital solution for their American domicile: A French country-style estate in Los Angeles. The couple, better known as “Kimye,” is reportedly buying an 8,000-square-foot home in Hidden Hills that was formerly owned by Lisa Marie Presley. The estate, which sits on three acres and includes a vineyard, had been listed for $22 million. After the couple and their daughter return from jet-setting to Europe and Mexico, where Kanye is recording a new album, they will have a sumptuous place to land at home in California. The master bathrooms — one for each of them — have steam showers and saunas and a private patio with a spa. There are 8 bedrooms and 10 bathrooms, some of them in the separate guesthouse. There’s also a sprawling kitchen with not one but three islands. Yearwood, Brooks Cutti

Sending you blessings and great energy for a wonderful, productive, prosperous and fun week ahead! (at Christophe Choo Real Estate Group - Coldwell Banker Previews International)

Sending you blessings and great energy for a wonderful, productive, prosperous and fun week ahead! (at Christophe Choo Real Estate Group - Coldwell Banker Previews International)

Alfresco summer dinner. (at Via Alloro Restaurant)

Alfresco summer dinner. (at Via Alloro Restaurant)

What would be your choice? (at Beverly Hills, California)

What would be your choice? (at Beverly Hills, California)

Rosebud loves her nap!

Rosebud loves her nap!

Looks like summer is hanging around!

Looks like summer is hanging around!