Sylvester Stallone relists Los Angeles mansion for $85 million – after a $45 million price reduction
Stallone left California for Palm Beach, Fla., where he recently snatched up a $35.4 million waterfront estate
Sylvester Stallone is attempting to offload his lavish Beverly Hills mansion after once having the enormous property on the market for over $100 million but seeing no action.
The "Rocky" star first listed the mega estate back in January for $130 million. He ended up slashing the price on it by some $25 million before removing the listing.
Now, Stallone is putting his more-than-modest home back on the market for $85 million and is hoping that a buyer with deep pockets finds the 21,000 square-foot, 1990s custom-built pad intriguing enough to drop big money on it – especially considering its $125,000 tax bill, according to Dirt.com.
The land was purchased by Stallone who built the home. The entire property sits atop 3.5 acres.
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Its main home spans eight bedrooms and 12 bathrooms and comes complete with a massive library/office which features a barrel-vaulted ceiling.
Stallone has it decked out with a ton of "Rocky" memorabilia, which isn’t likely included with the house. There’s also a "Rocky" statue, with his gloved hands raised in triumph that is guarding an arched window, the site notes.
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The kitchen features two islands, the dining room has hand-painted walls to resemble an old castle and the den has floor-to-ceiling windows.
The home is next door to Sumner Redstone’s former estate and has a long, gated driveway. In addition to the main house, there is also a two-bedroom guest house, and an "extensive service wing." The main house has views of the canyons and the city and surrounding it are a putting course and swimming pool. Neighbors include Denzel Washington, Justin Bieber and Hailey Baldwin, Paul Reiser, Eddie Murphy, Rod Stewart, Magic Johnson and Mark Wahlberg.
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Stallone and Flavin left California for Palm Beach, Fla., where they recently snatched up a roughly $35.4 million waterfront estate.
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The Stallones are just some of the recent celebs ditching Los Angeles, including Josh Brolin, who left for Atlanta, Joe Rogan and Elon Musk – both of whom recently moved to Texas – and Prince Harry and Meghan Markle moved north up the coast to Montecito, Calif., last summer.