Relisting $75 Million Malibu Mansion …
Strong enough discount?!?
3/17/2023 4:07 PM PT
Cher is once again looking to unload her massive Malibu mansion … by putting the property she’s called home for decades back on the market, at a reduced price.
Real estate sources tell TMZ … the pop icon’s oceanfront estate is now going for $75 million, a significant reduction from the original $85 million price tag.
remember, Cher listed the home back in October, but it never sold and was taken off the market … and on Friday afternoon, it was relisted.
The Italian-inspired home is a true beauty…with almost all the bells and whistles you can imagine, including a home gym, infinity pool, home theater and tennis courts.
The home rests on 1.7 acres and overlooks the Pacific Ocean…and the grounds are dotted with 40 palm trees plus a fountain and patio.
The main residence has 7 bedrooms, especially the master suite, which is decorated with two closets and a meditation room.
And get this…apparently there is a climate controlled wig room that holds up to 100 hairpieces…where else are you going to find one of those?!?
Cher originally bought the place way back in 1989 for $2.95 million.
Drew Fenton and Robert Cass of Hilton & Hyland holds the IPO.
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