Adam Levine is the newest celebrity house flipper — and he started big!

The Maroon 5 frontman is selling a Beverly Hills home for $47.5 million, PEOPLE confirms. Kurt Rappaport of Westside Estate Agency holds the listing.

The news comes just over a year after Levine, 40, and wife Behati Prinsloo, 30, first picked up the property from Will and Grace creator Max Mutchnick for $35.5 million, according to TMZ, which first reported about the listing.

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The outlet also notes that since purchasing the property, Levine and Prinsloo have spent $7 million to remodel the massive 10,000-square-foot home, which has 12 bathrooms and 5 bedrooms.

According to the real estate listing, the luxurious home is located in an exclusive Beverly Hills neighborhood and features state-of-the-art amenities.

In addition to its two kitchens (one for the family, and one designed with a personal chef in mind), the home can also boasts an enormous 50-foot living room, and a separate guest house.

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As for entertainment and recreation, the property ticks every imaginable box: It includes a gym, swimming pool, tennis court, screening room and an outdoor kitchen/pizza oven.

Ahead of Levine’s 40th birthday last month, PEOPLE’s former Sexiest Man Alive shared that he’s actually feeling better — and younger — with every passing year. 

“I feel like I’m Benjamin Button-ing. I feel younger and less mature, better-looking and just overall more youthful,” the Maroon 5 frontman — referencing Brad Pitt’s film in which a man ages backwards — joked to PEOPLE in February on set of

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Once living the rock star life, Levine’s world has changed drastically since he wed Prinsloo nearly five years ago. The couple are doting parents to two daughters: Dusty, 2, and Gio, 13 months.

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“He is an incredible dad and is very hands-on,” Prinsloo told PEOPLE last month at 7 for All Mankind’s spring/summer 2019 launch party in L.A. “He’s so dedicated and excited. It’s amazing to see him really taking the role and loving it, especially with two girls.”

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