Cher© Getty Images

Cher forced to drop $10million on megamansion asking price – see epic estate

The Believe singer has knocked $10million off her home to sell it

Homes Editor
April 5, 2023

Cher, 76, is still yet to sell her Malibu mansion despite it being listed since October 2022, so the hitmaker has now slashed $10million off the asking price.

Originally her home was listed for $85 million, and now it is on the market for $75 million.

WATCH: See Cher duet with Raquel Welch

The star attempted to sell it in 2009 for $45 million but took it off the market when it didn't go.

Dirt has revealed what 13,200 square foot estate is really like. The seven-bedroom home has arched windows and doors, creating a palatial feel to the exterior.  

© Getty Images

Cher's home has been reduced in price

Any prospective buyers will not be mistaken that it is the home of someone fabulous as there's a room dedicated to wigs and lavish décor throughout.

The property's amenities include an indoor-outdoor gym, an impressive pool and a full-sized tennis court. It sounds like a wellness retreat to us! 

Cher actually made a loss on her former Beverly Hills home that she sold in 2018, securing $2.07 for the house she paid $2.145 for. The home had a koi pond, waterfall and meditation area, as well as large porch. 

SEE: Britney Spears and Cher both lived in this $6.9million New York penthouse - photos

SEE: Cher reveals painful health update: 'I'm crying'

Her upcoming house sale will definitely get the singer a profit though as she originally bought it for just $2.95 million, so if she gets the now asking price, she’ll rake in a hefty $72 million.

Cher's dazzling engagement ring

It’s all change for the songstress as she recently got engaged to her beau Alexander Edwards. Cher shared a photo of her dazzling engagement ring from the 36 year old. 

Many fans were left confused by her cryptic tweet, where she penned: "THERE R NO WORDS", followed by the name of her beau, "ALEXANDER, A.E." "Did he propose?" asked a fan, while another said: "Did he put a ring on it?"

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