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Taylor Swift Buys $17 Million Mansion, Pays Cash

Written By Joseph Y. Musa on Sunday, April 28, 2013 | 4/28/2013 09:42:00 am

Taylor Swift has bought a $17 million mansion in Rhode Island, closing the deal in style.

The “I Knew You Were Trouble” singer paid for the mansion in cash, wiring the money over to purchase the place immediately. Taylor Swift was reportedly looking at the $17 million mansion for a few weeks, but appears to have spent some time haggling on the price. The 11,000-square-foot estate was originally listed for $20 million, but Swift ended up paying $17.75 million.
News outlets had been reporting on Swift’s house hunting for a few weeks. Last week she was spotted in Rhode Island and Connecticut perusing mansions along with a couple of her family members, though E! Online at the time noted that her budget was closer to $3 million or $4 million.

Taylor Swift’s $17 million mansion isn’t the only big home purchase she’s made in the last year. In August 2012 she bought a property in Hyannis Port, Massachusetts, across the street from her then-boyfriend Conor Kennedy.

The pair broke up a short time later, and it appeared that the home purchase may have been the work of an overly attached lover. Now it’s clear it was just a good investment. Taylor Swift sold the mansion in March, flipping it for $1 million more than she had paid just a few months prior, fetching $5.675 million.

“It was like a house-flip,” a source told Vanity Fair. “A good short-term investment.”

Taylor Swift herself seemed to scoff at the idea that the home purchase was related to her failed relationship with Kennedy.

“People say that about me that I apparently buy houses near every boy 
I like — that’s a thing that I apparently do,” Swift told Vanity Fair. “If I like you I will apparently buy up the real-estate market just to freak you out so you leave me. Like that makes sense, like that’s something you should do.”

The singer isn’t wasting any time getting settled in to her new home. Shortly after Taylor Swift bought the $17 mansion, movers were seen on the property.

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