May 9, 2024 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

Cher Drops Price of Her Seven-Bedroom Malibu Mansion by $10M

The legendary singer bought the parcel for $2.95 million over 30 years ago

By Zach Armstrong

Music icon Cher has chopped $10 million off the asking price of her Malibu mansion; a 13,000-square-foot cliffside property which has been on market since 2022, according to a post from Realtor.com. 

Originally listed at $85 million, the seven-bedroom, nine-bath abode is now set at a price of $75 million. 

The home’s style is described as “Mediterranean.” A gated, arched entrance leads to a private courtyard, while indoor amenities include floor-to-ceiling windows, diamond-coffered ceilings, an arched stove alcove and hand-wrought bronze doors. A tennis court and infinity-edge pool are found outside. Each bedroom comes with a private outdoor space including the primary suite which features its own meditation room. 

The legendary singer bought the parcel for $2.95 million over 30 years ago. It was formally constructed in 1999. Cher is an Academy Award and Golden Globe Award winner known for hits such as “If I Could Turn Back Time” and “Believe”. 

For more information, go to https://www.realtor.com/news/celebrity-real-estate/cher-lowers-the-price-of-her-malibu-california-mansion-to-75m/.

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