Beverly Hills to make decision on Taylor Swift’s newest home this week

After buying it for a cool $25 million in 2015, Taylor Swift is seeking to have her house in Beverly Hills, once the mansion of film executive Samuel Goldwyn, designated a landmark by the city.

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The house on Laurel Lane was built in 1934 for the film icon; Goldwyn mortgaged it to pay for much of his work throughout his career. It sits on around two acres in the Hills, and comes with amenities like a five-car garage, pool, gardens, and a tennis court.

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The property went back on the market in 2015 after the death of Samuel Goldwyn, Jr. It was initially listed at $39 million. Swift’s final price of $25 million is close to the home’s 2008 valuation for a prior sale, according to numbers obtained by the Daily Mail.

Though the home is a classic Hollywood property, there’s more to a landmark designation than just preservation: Swift stands to collect a tax credit for owning and maintaining the home. Beverly Hills and other municipalities offer such incentives to anyone maintaining a historic landmark.

The Beverly Hills Courier reports that the town’s Cultural Heritage Commission will consider her landmark application this week.

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