Jessica Simpson Puts House Up For Sale At Nearly $8 Million

Jessica Simpson has placed her Beverly Hills’ home on the market for $7.995 million as she no longer needs the luxurious pad after she moved into a new house. With a second baby on the way and her marriage to fiancĂ© Eric Johnson soon to come, Simpson has decided to put her old house up for sale that she bought after the split with Nick Lachey.

The news of the sale was revealed by the real estate website Redfin, which also noted that the house was owned by other celebrities as well. Ellen DeGeneres bought the place in 2001 and eventually sold the house to Rick Yorn, a manager who’s worked for Leonardo DiCaprio and Cameron Diaz.

Simpson became the owner in 2005 after her divorce with Lachey, but she bought Ozzy Osbourne’s old household in late April for a reported $11.5 million. She originally purchased the Beverly Hills’ home for $5.275 million, more than $2 million less than she is selling it for now.

The house has five bedrooms and spans 5,500 square feet. Jessica Simpson recently had the place renovated, and its location is smack dab in the middle of an A-list celebrity community.

Corina Galen, a real estate agent at Redfin, said “this area of Beverly Hills is dotted with homes owned by celebrities. You can often spot a star walking their dog through the many canyon trails nearby.”

It’s right next to Kimora Lee Simmons’ old house when she was filming Life In The Fab Lane and it’s also just up the street from Keith Urban and Nicole Kidman. The private estate was custom built in 1991 and features a massive kitchen and five bathrooms, and, of course, it has a pool.

The 32-year-old Simpson is now set for her second go-round with marriage, and selling her old place could go a long way as she prepares for the next step in her life.

With a second baby on the way, do you think Jessica Simpson is making the right decision by selling her Beverly Hills’ home?