Having conquered the world with her record-breaking Eras Tour, Taylor Swift plans to conquer domesticity next.

According to plans filed with her local municipality and obtained by U.S. Weekly, the pop icon is giving her Rhode Island mansion a $1.7 million revamp, adding an additional bedroom, upgrading an existing room into an "enlarged bedroom suite," and modernizing the kitchen. 

A Home Away From The Stage

Hoping to enjoy some much-needed R&R with NFL player boyfriend Travis Kelce, Swift's domestic upgrades to the home she bought a decade ago for $17.75 million suggest an extended down period away from the stage. The sprawling 11,000-square-foot beachfront residence is located in the exclusive Watch Hill enclave in Westerly and features seven bedrooms and nine bathrooms. Swift's upgrades will add an extra 400 square feet. 

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The renovation plans, drawn up on Nov. 25 and Dec. 4, 2024, expire on Dec. 4, 2025. A team of Rhode Island-based contractors led by David W. Shafovaloff will complete the work.

A String of Savvy Real Estate Buys

It's not as if Swift will be short of places to live while her Rhode Island home is under construction. According to Forbes, the 34-year-old global icon, worth $1.6 billion, has a sizable real estate portfolio. Other notable properties in her portfolio, as per Realtor.com, include two luxury Nashville homes – a luxury condo on Music Row and a Greek Revival-style mansion in the gated Northumberland Estate neighborhood. She has also steadily snapped up New York City properties for over a decade, primarily in the glitzy Tribeca neighborhood. Her first purchase was two penthouses for about $20 million. Swift combined them into a nine-bedroom, nine-bath luxury home with beamed ceilings, a curved staircase and oversize windows. A few years later, she purchased a third unit comprising 3,500 square feet in the same building for $9.75 million. Then, in 2017, she snagged an adjacent 5,000-square-foot town house for $18 million.

Swift isn't all East Coast. She owns a 10,000-square-foot, seven-bedroom Beverly Hills home, purchased in 2015 for $25 million, formerly owned by legendary movie producer Samuel Goldwyn.

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A Fortune Made From Mostly Music

The nearly three-hour concert film "Taylor Swift: The Eras Tour," released in October 2023 through a direct distribution deal with AMC Entertainment, was another massive money spinner, generating $261 million in worldwide grosses, according to Box Office Mojo, before a streaming deal with Disney+. According to The New York Times, a 256-page hardcover tour book released last month through Target stores sold 814,000 print copies in its first two days on sale.

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A Financially Astute Family

It helps that the singer-songwriter comes from an astute, financially minded family. According to Harper's Bazaar, her father, Scott Swift, worked as a financial advisor, forming the wealth management firm the Swift Group under Merrill Lynch. He moved his business to Hendersonville, Tennessee, outside of Nashville, to help his daughter's career. 

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