Alicia Keys to Buy Eddie Murphy’s Home for $12M (PHOTOS)

at 1:17 pm | By

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Alicia Keys is moving on up — into Eddie Murphy‘s mansion.

The Grammy-winning singer and her hip-hop producer husband Swizz Beatz are close to closing on the comedian’s lavish Englewood, N.J., estate for around $12 million, according to the NY Daily News. Though first listed in 2004 at $30 million, the big-ticket mega-mansion has dropped down in price over the years.

Nicknamed Bubble Hill, the 27-room red-brick residence sits on five acres of perfectly manicured private land nestled in the prestigious town of Alpine. The pad boasts 11 bedrooms — including a luxurious master suite with a sitting room and deck, 12 full baths, 4 half baths, 7-car garage space, marble fireplaces, skylights, and a full security system, according to a real estate listing.

And there’s no shortage of entertainment on the expansive property for Keys, Beatz and 2-year-old son Egypt. They can take a dip in the sun-drenched indoor pool before unwinding in the attached spa, sauna and steam room.

Or for some family competition, they can go head-to-head in the two-lane bowling alley, or shoot some pool in the wood-paneled billiards room — complete with wine cellar — or even head outdoors to catch some volleys on the tennis court. And when play time is over, Keys can record her chart-topping hits right in her 25,000-square-foot home’s private recording studio.

Keys and Beatz recently listed their duplex penthouse digs in New York City’s SoHo neighborhood. After purchasing the nearly 6,000-square-foot loft from Lenny Kravitz in 2010 for $12.75 million, the couple hope to turn a profit by selling the swanky pad for nearly $18 million.

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