Cara Delevingne has reportedly snapped up yet another luxury property in Los Angeles, marking her third multi-million-pound home purchase in just 18 months.
The British model and actress is said to have bought a new £8.5 million (€10m) five-bedroom mansion in the Santa Monica mountains, complete with a swimming pool and terraced gardens.
The property was purchased from Cultured magazine founder Sarah Harrelson.
The latest acquisition comes after a turbulent period in Delevingne’s property portfolio, following the loss of her long-time home in a devastating fire in March 2024.
The mansion, which she had owned since 2019, was largely destroyed in the blaze, leaving significant damage to the structure.
@archdigest We love you in every hat @Cara Delevingne 👒🎩🧢 #archdigest #caradelevingne #hometour #celebrityhouse #opendoor #celebrityhomes ♬ original sound - Architectural Digest
Since then, Delevingne has made a series of high-value property moves — though notably, she has not settled in any of them.
In 2024, she purchased a Los Angeles home previously owned by Milla Jovovich for around £7.9 million (€9.2m), before selling it roughly a year later for £8.2 million (€9.5m) without ever moving in.
Just six months ago, she also bought a Beverly Hills property from Jennifer Lawrence for approximately £8.1 million (€9.4m).
However, that home has since been relisted for £8.5 million (€10m), with reports suggesting she again never took up residence.
The pattern poins to a rapid cycle of high-end property investments rather than traditional home ownership, with Delevingne effectively trading in luxury real estate across California’s celebrity enclaves.
Her property activity follows what was described as a “new chapter” after the 2024 fire, which forced her out of her primary residence. At the time, the blaze caused extensive damage, with parts of the house collapsing and the interior left in ruins. Despite the scale of the destruction, no serious injuries were reported and her pets were confirmed safe.
Reflecting on the incident previously, Delevingne said: “It sucks but everyone was safe and, like anything, if I'd not been sober I would still be reeling over that.” She added: “Of course it affected me, it's super sad ... it never won't be. But I don't use it as a tool to keep myself sad.”
Authorities later confirmed that the cause of the fire remained undetermined, though foul play was not suspected.
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Her latest purchase continues a trend seen among high-profile celebrities, where luxury homes are frequently bought, sold, or flipped within short timeframes. Property experts have noted that even A-list ownership does not necessarily guarantee a sale, particularly in competitive markets like Los Angeles or New York, where pricing and buyer demand ultimately dictate outcomes.
For Delevingne, however, the string of acquisitions suggests a continued investment in high-end real estate — even if she’s yet to fully settle into any one of her newest homes.
