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

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

Rachel Avery
Homes Editor
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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.  

Cher's home© 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 engagement ring
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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