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X17online.com has learned exclusively, that Rihanna swiped up her new Beverly Hills mansion for WAY under the asking price. It turns out the magnificent hillside home went for the bargain price of $6.9 million -- 30% less than the asking price!

Listed at $9.95 million, the 10,000-square-foot, 8-bedroom architectural stunner wasn't attracting any buyers at that price.

This drop in price may affect her celebrity neighbor's home prices -- stars like Jennifer Aniston, who only recently finished construction on her home; Courtenay Cox; Milla Jovovich; Simon Cowell; and Tom Cruise, whose homes are all nearby.

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Candy Spelling's 56,500-square-foot mansion went on the market in March with Hilton & Hyland for $150 million. It looks like the for sale sign in front of that pad could be hanging for a while -- with such a small pool of potential buyers for a property like this, a seller better not be in a hurry.

A Beverly Hills real estate agent spoke to X17online.com on the condition of anonymity:

    "This sale is a symbol of the drop. Everybody was looking at this property to see what would happen and now people are stunned."