Friday, 28 August 2009

Cher's Jaw Dropping Malibu Estate




Where: Pacific Coast Highway, Malibu, Los Angeles County
Who: Cher
Price: Jaw dropping $41,000,000 (about £25m)
Status: For Sale

Basic Voyeur: Massive Malibu Italian Renaissance Villa, 1.72 Arces, Direct Pacific ocean views, 6 Beds, 7 Baths, Theatre, Gym, Suspended tennis court, Infinity Pool, Guesthouse

Boyfrapp: They say if you stick around long enough you're always be rewarded well that is certainly the case for, she's been around since the creation of time, Cher who has amassed not only a huge personal fortune but a massive property empire to boot. With this Malibu pad being one of the jewels in the collection. It first went on sale last year for an eye watering $45 million but had no offers so generous Cher has re-launch the property with a measly $4, 000,000 price cut. For that you get 6 bedrooms and 7 bathrooms, what is it with Americans and the need to have more bathrooms than bedrooms?, you also get your own personal theatre, a cool large pool and a suspended tennis court which we're not exactly sure means. Also due to current planning permissions today such a huge compound wouldn't be allowed on the coast of Malibu so its has a unique appeal. Apart from the astronomical price the only downside is that its a bit far from the main action of LA, a good 90 mins on one of LA's ghastly freeways.

Don't worry about Cher herself she wont be homeless. Amongst her massive property collection she has other homes in LA including reports of a massive Beverly hills compound, a penthouse up the way in the swanky Sierra Towers in West Hollywood, a good guess at a NYC pad, and a measly modern East London apartment in the docklands near Canary Wharf, in the past she has also owned two Miami estates one currently up for sale by the current owner for $7,900,00
while the other one was up for sale by Cher herself a couple of years back for around $20,000,000 it wouldn't surprise us if since then she has bagged another multi-million dollar vacation home.

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