Zephyrnet Logo

Rod Stewart puts Los Angeles home up for sale with $15m price increase, says he is fed up with LA’s ‘toxic culture,’ – realestate.com.au

Date:

Brendan Casey

News Corp Australia Network

Rocker Rod Stewart, who says he is fed up with LA, has relisted his over-the-top mansion with an ambitious new price tag.

Six months after initially listing his bright yellow estate for $105m (US$70m), the 78-year old has relisted the compound with a whopping $14.9m (US$10m) mark up — bringing the new asking price to a cool $119.4m (US$80m).

The British music star purchased the property back in 1991 for $12.08m, before having the current 12-bathroom, nine-bedroom, English-countryside-meets-Versailles-style abode custom constructed by Richard Landry according to the Post.

RELATED: Danny McBride punting on LA penthouse

‘I managed to escape’: Inside a Chinese-built ‘ghost city’

Rod Stewart house for sale. Picture: Realtor.com/MLS

Stewart had the estate custom built in the 1990s. Picture: Realtor.com/MLS


Rod Stewart house for sale. Picture: Realtor.com/MLS

The stunning pool and tub. Picture: Realtor.com/MLS


Gillette Venus Divine Present Heaterette Holiday 2004 - arrival/front row

Rod Stewart and daughter Kimberly Stewart. (Photo by Giulio Marcocchi/Getty Images)


Stewart appears to be really trying to get this home off his back, albeit with an odd strategy of increasing the price rather than reducing it.

Shortly after it’s first listing, sources told the Daily Mail he aimed to return home to London after growing sick of LA’s “toxic culture.”

Not just that, he reportedly has “no privacy” in the City of Angels, and travelling between both cities became too much of a headache.

Highlights of the home include a double gated entry, a marble-floored bar, a 418 sqm guesthouse, two gyms, a tea room, a dining room.

Rod Stewart house for sale. Picture: Realtor.com/MLS

The entrance makes a stunning first impression. Picture: Realtor.com/MLS


Rod Stewart house for sale. Picture: Realtor.com/MLS

Old World charm features throughout. Picture: Realtor.com/MLS


Historic old-style touches are present throughout, such as ceiling mouldings, medallions, herringbone floors and Corinthian columns.

MORE: Barbie hot-pink super yacht sells for $8.9m to tech mogul

Converted horse truck home has hot tub inside

Outdoor highlights include a long driveway up to the house, sculptures, a pool and hot tub, a soccer field and three lush, landscaped acres in the star-studded Beverly Park estate, a profoundly well-to-do area within Beverly Hills.

Other neighbourhood residents include Justin Bieber, Barry Bonds, and Adele and Denzel Washington.

Rod Stewart house for sale. Picture: Realtor.com/MLS

Picture: Realtor.com/MLS


Rod Stewart house for sale. Picture: Realtor.com/MLS

Picture: Realtor.com/MLS


“The whole family lived there for 30 years,” Tomer Fridman of Compass’s the Fridman Group, which is representing Stewart in the sale, told the Times of how the “Maggie May” singer raised his eight children at the LA property.

“The children grew up there, and he’s got grandchildren already … He built a whole life there, and it’s just time.”These days he prefers to spend his days overseas — “he lives in Europe a lot of the time,” Fridman said.


Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.

MORE: Aussie striker’s $22m Moonee Ponds home could shatter record

Winery where Neighbours filmed looking for a corking sale

Inside illustrator Bettina Guthridge’s 162-year-old converted farmhouse

This story first appeared in the Post and was republished with permission.

spot_img

VC Cafe

VC Cafe

Latest Intelligence

spot_img