Eddie Murphy’s Former Granite Bay Mansion Sells For $5M In 5 Minutes

Someone got a pretty sweet deal for the property

By Marilyn Nelson on October 30, 2018

(Photo by Theo Wargo/Getty Images)

The 12,627-square mansion once owned by Eddie Murphy sold on Saturday in a auction for $5 million, the Sacramento Bee reported. 

The fully furnished seven-bedroom, 11-bathroom property sits on 2.5 acres overlooking Folsom Lake, and was sold in an absolute auction. An absolute auction means there is no minimum reserved.

The listing agent, Nick Sadek of Sotheby’s International Realty said there were 16 bidders and the sale took five minutes. The winning bid came from a Bay Area investor, who apparently got a pretty sweet deal.

Murphy sold the mansion in 2007 for $6.1 million. In 2014 the price when the price was set at $12 million, and reduced for $10 million this past summer. There were no takers either time.