David Spade may play the lovable underachiever on screen, but his off-screen real estate moves reveal a cutthroat luxury property mastermind. While audiences track his syndication reruns, the elite circles of Southern California real estate watch Spade quietly outmaneuver seasoned developers—turning a modest $4 million Beverly Hills investment into a staggering $19.5 million cash-out before shifting his capital into a high-security $13.85 million Hollywood Hills fortress and a brand-new $9.5 million Corona del Mar oceanfront retreat.
If you are tracking the David Spade house portfolio, you are looking at a masterclass in architectural timing, hyper-gated privacy, and pure wealth concentration.
Where Does David Spade Live Now?
David Spade’s primary residence is in the Hollywood Hills, located just above the iconic Sunset Strip in Los Angeles, California. He also owns a secondary coastal vacation home in the Corona del Mar neighborhood of Newport Beach, California, and a smaller real estate asset in West Hollywood.
Hollywood Hills Mansion (Primary Residence)
In late 2021, David Spade purchased a brand-new, ultra-modern spec home situated on a scenic promontory ridge above the Sunset Strip for $13.85 million.
- How big is David Spade’s house? The massive three-story contemporary estate spans an incredible 11,300 square feet of luxury living space.
- Interior Layout: The floor plan features six bedrooms, eight full bathrooms, and three half-bathrooms, all connected by a central three-story elevator.
- Luxury Amenities: The property includes a 12-seat private movie theater, a fitness gym, a club lounge with a bar, a 1,200-bottle wine cellar, and a secure panic room.
- The Backyard: Vanishing glass walls open the main level to a treetop-level infinity pool, an outdoor kitchen, and a dining terrace framing views of the Los Angeles skyline.
Corona del Mar Beach House (Coastal Escape)
In January 2024, Spade expanded his real estate footprint into Orange County, purchasing a newly constructed beach getaway for $9.5 million in Newport Beach.
- Property Size: This single-story contemporary residence offers 3,800 square feet of open-concept living space.
- Architectural Highlights: Designed by architect Mark Teale and built by Nicholson Companies, the home centers around a dramatic, light-filled glass atrium entryway.
- Beachfront Perks: Outfitted with premium Miele and Sub-Zero appliances, the property boasts private access to four local beaches and features a custom outdoor infinity pool framing ocean views.
West Hollywood Spanish Bungalow (City Hideaway)
For a quiet urban retreat within walking distance of LA’s top dining districts, Spade purchased a beautifully renovated 1920s Spanish-style bungalow in 2020 for $2.325 million.
- Property Size: The home offers a modest 2,197 square feet of living space, featuring three bedrooms and three bathrooms.
- The Aesthetic: It preserves classic California architectural charm on the outside while showcasing a sleek, minimalist layout inside, complete with automated glass sliders opening to a private backyard pool and spa.
Advanced Architecture, Renovations, and Security Features
What materials were used to build David Spade’s modern mansion?
Designed by architect George Kurczyn, Spade’s current Hollywood Hills home is built using a dark structural steel frame and extensive vertical walls of raw, board-formed concrete. The main floor features smooth Turkish limestone floors, while the master suite and ceiling panels feature warm, grain-matched European wide-plank oak to counter the colder industrial elements. Giant floor-to-ceiling glass pocket doors span the entire rear facade, sliding completely out of sight into hidden wall pockets to blend the indoor living area with the outdoor pool deck.
What are the security and privacy features of David Spade’s house?
Spade’s move into the Hollywood Hills was heavily influenced by safety concerns following a high-profile burglary at his old home, where thieves stole an $80,000 safe. His current primary home was explicitly engineered as a high-security compound featuring:
- Gated Seclusion: The home is completely invisible from the street level, tucked securely behind massive, heavy-duty automated security gates.
- Topographical Defense: Perched on a steep, dramatic promontory cliffside, the natural landscape acts as a physical barrier, eliminating rear access vulnerabilities and preventing onlookers from seeing into the yard.
- Smart Monitoring: The house features an enterprise-grade smart home security network integrating advanced camera arrays, motion sensors, and a heavily reinforced, completely secure lower-level panic room.
David Spade Property Portfolio Summary Table
| Property Location | Year Bought | Purchase Price | Year Sold | Sale Price | House Size |
|---|---|---|---|---|---|
| Beverly Hills (Trousdale Estates) | 2001 | $4,000,000 | 2022 | $19,500,000 | 6,400 sq. ft. |
| Malibu Beach (La Costa Beach) | 2005 | $9,300,000 | 2013 | $10,225,000 | 3,800 sq. ft. |
| West Hollywood (Spanish Bungalow) | 2020 | $2,325,000 | Still Owned | N/A | 2,197 sq. ft. |
| Hollywood Hills (Primary Estate) | 2021 | $13,850,000 | Still Owned | N/A | 11,300 sq. ft. |
| Corona del Mar (Newport Beach) | 2024 | $9,500,000 | Still Owned | N/A | 3,800 sq. ft. |
Frequently Asked Questions About David Spade’s Real Estate
Did David Spade sell his Beverly Hills house?
Yes, David Spade sold his Beverly Hills mansion in January 2022 for $19.5 million. Located in the exclusive Trousdale Estates neighborhood, Spade originally purchased the mid-century modern home in 2001 for $4 million. He net a massive $15.5 million return on his investment after living there and renovating the property for over two decades.
Who lived in David Spade’s old house?
David Spade’s former 6,400-square-foot Beverly Hills home boasts a rich celebrity history. Before Spade purchased it, the iconic Edward Fickett-designed house was previously leased or owned by global superstars including Prince, Eddie Murphy, and Warren Beatty.
What is David Spade’s net worth compared to his real estate?
David Spade has an estimated personal net worth of roughly $70 million, built on stand-up comedy tours, movie salaries, and massive syndication residuals from Just Shoot Me! and Rules of Engagement. With $25.65 million currently invested across his three active properties, over 36% of David Spade’s entire net worth is tied directly into Southern California residential real estate.
Who are David Spade’s celebrity neighbors?
The exclusive Sunset Strip promontory where David Spade lives is a famous haven for A-list talent seeking extreme privacy. His immediate neighbors on the hillside ridge include Keanu Reeves, who lives in a heavily fortified contemporary compound nearby, as well as Leonardo DiCaprio and Tobey Maguire, who both own multi-million dollar architectural properties in the immediate vicinity.
