Some of America’s favorite celebrities have been busy in the real estate market recently, with several dropping their price expectations in the super-luxe market.
One star who’s reportedly bringing down their asking price to meet market expectations is Jim Carrey.
According to realtor.com, the actor has dropped the price of his Los Angeles estate from $29 million to $23.9 million. It was built in 1951 and sold in 1994 for just $3.8 million.
The luxury home features five bedrooms and has nine baths! It also has a guest house and a waterfall pool.
Another superstar who may have over-shot market expectations on value is Cher, reportedly asking $75 million for her Malibu mansion, down from its original $85 million price.
Another nine-bath extravagance, it was built in 1999 on 1.7 acres that backs onto a cliff face. It’s truly spectacular.
Even more amazing is that she bought the Mediterranean-style, seven-bedroom property 30 years ago for just $2.95 million. The home has a gatehouse at the entry, a tennis court and an infinity-edge pool.
Meanwhile, British rocker Rod Stewart has adopted an innovative approach to attracting buyers in the super-luxe market.
Having struck out at a $70 million price level, he took his Beverly Hills mansion off the market and relisted it six months later at $80 million.
The 28,000 sq ft mansion features 3 acres of lawns in the gated community of North Beverly Park.
Rod’s luxury pad wins the prize for the most baths, it has 12! He bought the property for $12 million in 1991.