In a surprising development, rock legend Rod Stewart has once again adjusted the asking price for his sprawling Beverly Hills mansion, signaling a potential change in the British singer's lifestyle.
Rod Stewart lowers asking price
Original listing price was $70 million (R1,330,689,920.00) In June, Stewart raised the price by $10 million. (R189,743,990.00) When he relisted the 38,500-square-foot property in December with Tomer Fridman of Compass, according to people.
However, the latest update as of February 14 revealed that the asking price has been lowered to $74 million. (R1,409,603,356).
Rod Stewart's LA mansion
Stewart, 79, has called the luxurious property home for more than 30 years. He has raised his family within its luxurious walls.
Designed by celebrity architect Richard Landry in the 1990s, this mansion boasts luxurious amenities. These include a soccer field, a motor court and an impressive swimming pool.
A picturesque fountain welcomes visitors and sets the tone for the ornate old-world design within. The first floor has a great room, tea room and study, with several wood-burning fireplaces.
Memories at Rod Stewart's house
Despite reports suggesting a toxic relationship with Los Angeles, Stewart made it clear in a previous interview that he has fond memories of the city where he spent many years.
Stewart has made the decision to sell his beloved home as he plans to establish a more permanent home in the UK. He plans to move after completing his world tour and stop in Las Vegas in November.
big job change
In addition to the real estate shuffle, Stewart announced an important move in his music career.
Rock icon partners with Iconic Artist Group to sell rights to his extensive discography for a whopping $100 million (Rand 1,891,849,000.00).
musical heritage
With a career spanning six decades, Stewart expressed confidence in entrusting his life's work and future musical legacy to his new partner.
As the touring era winds down and iconic homes remain on the market, Rod Stewart continues to make headlines with strategic moves, and fans and real estate enthusiasts alike are looking forward to the next chapter in the rock legend's life. I am eagerly looking forward to it.
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