Popular American singer and actress Cher sells her unique and special Malibu home for $85 million. Well, it was years ago when the singer bought a house in Malibu. Because the house had a design specially made according to the wishes of the singer. The place certainly had her own place in the mind of the singer.
Read ahead to learn more about American singer Cher’s sale of her home in Malibu for $85 million.
Cher purchased the Malibu housing estate in 1989.
American singer and actor Cher may have a fortune. But her Malibu home was truly special in every way. In 1989, the singer acquired her Malibu estate for $2.95 million.
🚨🏡 | She is moving! @chair Registered her iconic Malibu mansion for $85 million.
— The Italian Renaissance-style mansion, where she has lived for over 20 years, took nearly five years to build and is set on approximately 1.7 acres overlooking the Pacific Ocean. pic.twitter.com/WuaxziK2mD
— Share Universe (@TCherUniverse) October 12, 2022
Eventually she built a house on the plot to fit her style. Cher’s 1.7 acres of land had residences in Italian style. The construction of the site took about 5 years. The singer’s house has a separate gatehouse that serves as a guest house with a large swimming pool and tennis courts. There were many features that were hard to miss though.
Cher sells home in Malibu for $85 million
The Wall Street Journal recently reported that Cher is selling an Italian-style Malibu home for $85 million. According to statistics from Realtor.com, at her 2009 event, the singer listed her home for $45 million. But finally, it has now reached a sales value of $85 million.
— Betsy👩🏻🔬 My❤️Belongs to C&P🐘 #CherCrew OG💋 (@BetsyNevil3) October 13, 2022
Cher’s Malibu house was really special to her in her life. She said the Malibu residence was inspired by places she visited in Venice, Italy. She hosted many parties and dinners at her mansion. There were also some unique features, such as having a temperature-controlled wig room. There were stored 100 of her hairpieces.
American singer and actress Cher is selling her Malibu real estate. We’re thinking a lot about her net worth. Also, she is a popular artist performing the roles of singer, actress and broadcaster.
According to CelebrityNetWorth, the singer has a net worth of $360 million as of 2022. She sold out about 100 million records.