U.S. pop star and director Madonna poses for photographers as she arrives on the "W.E" red carpet at the 68th Venice Film Festival in Venice September 1, 2011. REUTERS/Alessandro Garofalo

The ‘Material Girl’, Madonna, has decided to sell her Beverly Hill mansion, which she bought in 2003 for a cool $12 million.

Beverly Hills, Calif., is the most renowned celebrity estate in the world. According to the Real Estalkers, the current value of Madonna’s lavish property could be a whopping $28 million, Daily Mail reported.

The 53-year-old pop star purchased the dream house while she was married to Guy Richie and has now planned to put it up for sale.

Her 5,800-square-foot property, spread over 1.14 acres of land, had three bedrooms and five bathrooms before she expanded and renovated.

The French Country style villa also has a tennis court and a swimming pool.

The superstar currently lives in an Upper East Side townhouse in NYC, which she bought in 2009 for $32.5 million.