This rocker’s over-the-top mansion is back on the market, and with an ambitious new price tag.
Six months after initially listing his bright yellow Los Angeles estate for $70 million, Rod Stewart has relisted the compound for $10 million more — bringing the new asking price to a cool $80 million.
The 78-year-old Brit purchased the property back in 1991 for $12.08 million before having the current 12-bathroom, nine-bedroom, English-countryside-meets-Versailles-style manse custom constructed by Richard Landry according to the New York Times, which first reported the relisting.
It appears that Stewart is really trying to get this home off his back. Shortly after first listing this home, sources told the Daily Mail he aimed to return home to London after growing sick of LA’s “toxic culture.” Not just that, he reportedly has “no privacy” in the City of Angels, and traveling between both cities became too much of a headache.
Highlights of the residence include a double gated entry, a marble-floored speakeasy, a 4,500-square-foot guesthouse, two gyms, a tea room, a dining room and plenty of Old World-esque touches throughout, such as ceiling moldings, medallions, herringbone floors and Corinthian columns.
Outdoor highlights include a long driveway up to the house, sculptures galore, a pool and hot tub, a soccer field and a total of 3 lush, landscaped acres in the star-studded Beverly Park nabe, a profoundly well-to-do area within Beverly Hills.
(Other neighborhood residents include Justin Bieber, Barry Bonds, and Adele and Denzel Washington, to name a few locals.)
“The whole family lived there for 30 years,” Tomer Fridman of Compass’s the Fridman Group, which is representing Stewart in the sale, told the Times of how the “Maggie May” singer raised his eight children at the LA property. “The children grew up there, and he’s got grandchildren already … He built a whole life there, and it’s just time.”
These days he prefers to spend his days overseas — “he lives in Europe a lot of the time,” Fridman told the Times.