Hot Property: Cher redecorates and relists her Malibu digs at $41 million
Now that the interiors are redone, Cher has put her ocean-view Malibu estate back on the market for $41 million.
The singer-songwriter-actress had listed the home at $45 million in August, but withdrew it in early May while the work was going on, according to her listing agent, Robert Kass of Hilton & Hyland, Beverly Hills.
The Italian Renaissance-inspired house, which Cher built in 1999, has seven bedrooms, nine bathrooms, a theater and a gym in 13,126 square feet. It sits on 1.7 acres of bluff top with a tennis court, an infinity pool and a guesthouse.
The updated look is "light, Zen, bright, beachy and beautiful," Kass said. Unfortunately, we can't see it. The Oscar, Grammy and Emmy winner, who keeps busy a concert schedule in Las Vegas, is not releasing any photographs.
The reason for this relisting has been the subject of media speculation elsewhere. When I saw the withdrawal in May, I thought it might have sold, as sometimes large sales are sometimes withdrawn before closing to divert attention from people like me. But calls then and now tell the same story: It has a fresh face now and a nearly 9% price reduction.
--Lauren Beale
Thoughts? Comments?
Photo: A 2006 file photo of Cher's Malibu villa. Credit: Sotheby's
I wonder what the carbon footprint is for this monstrosity. LOL!
Posted by: syscom3 | July 14, 2009 at 07:28 PM
If you'd like to see photos of Cher's home (before the renovation) check out the real estate blog at Cyberhomes.com. I would suspect that the new design is toned down a bit to appeal to more buyers. (The previous design was a bit over-the-top.)
Posted by: Lauren Kim | July 15, 2009 at 12:42 PM
I would be dying to know why the various celebrities whose homes go up from time to time are selling. Surely the LA Times is in a position to make an educated guess, or at least post some good gossip or innuendo?
Posted by: Rich | July 15, 2009 at 12:54 PM
"I would be dying to know why the various celebrities whose homes go up from time to time are selling. Surely the LA Times is in a position to make an educated guess, or at least post some good gossip or innuendo?"
Take a look at whats happening in Sacto and you have all the answers you need.
Posted by: syscom3 | July 16, 2009 at 06:51 PM