Hollywood homes under the hammer: Check out stars who lost millions
Hollywood homes under the hammer: As Sylvester Stallone sells his LA mansion to Adele for a ‘knockdown’ price, check out these other stars who lost out on millions
Anyone who has tried to sell their home recently knows the property market can be brutal.
And it seems that’s true whether you’re selling a semi in Hampshire or a mega-mansion in Hollywood. There is no shortage of famous faces who have had to slash their asking price to find a buyer — with some yet to succeed.
Here, we look at the discount divas — and how low they have had to go…
SYLVESTER STALLONE – Starting price £81million reduced to £42million
Sylvester Stallone originally listed the home for $110 million, before dropping the price to $80 million, so Adele would seem to have negotiated a steep discount
Actor Sylvester Stallone and wife Jennifer Flavin
Adele, 33, has just snapped up a Beverly Hills mansion from actor Sylvester Stallone, 75, for almost half price — £42million, down from the original asking price of £81million last January, a 48 per cent drop.
With 21,000 square feet of living space, there are eight bedrooms and 12 bathrooms.
Special features include 3.47 acres of land, two-bedroom guest house, theatre, library, putting course, gym, sauna, steam, infinity pool, cigar room, custom bar and art studio.
ROBBIE WILLIAMS – Starting price £8.1million reduced to £6.75million
Singer Robbie Williams has put his huge English countryside estate in Wiltshire on the market
Robbie Williams and Ayda Field attend the Opening Night Gala of “The Band”
Singer Robbie Williams 47, quietly relocated to a huge house on the shores of Lake Geneva in Switzerland last year.
He has now put his seven-bedroom house in Wiltshire up for sale for £6.75million.
It includes a 73ft-long indoor pool, a helipad, and a grass football pitch on its 17 acres. There is also a leisure complex with a sauna, plus a cottage and two flats for staff.
The palatial home in Compton Bassett has been on and off the market since 2010 and was previously marketed at £8.1million.
That is a 17 per cent price drop. The singer doesn’t seem to have ever loved the place — first putting it up for sale around a year after buying it. Robbie also has a house next door to Led Zeppelin guitarist Jimmy Page in London, the subject of numerous planning disputes, as well as a mansion in Los Angeles.
If he sells for £6.75million he will lose more than £1million on the price he paid for it in 2008.
NOEL GALLAGHER – Starting price £11.5million reduced to £8million
An exterior view of musician Noel Gallagher’s former five-bedroom house at Little Venice, London
Oasis star Noel Gallagher and wife Sara Macdonald
Oasis star Noel Gallagher, 54, struggled to sell his handsome Grade II-listed mansion in Little Venice, North London, for four years after deciding to leave the capital with his wife and two children.
The six-bedroom house, with three bathrooms, three reception rooms and a large basement gym was initially marketed at £11.5million in 2016.
It was eventually sold in September 2020 for £8million — a 30 per cent drop — the price Gallagher and wife Sara MacDonald paid for it more than a decade previously.
MATT DAMON – Starting price £15.6million reduced to £13.3million
The 13,508-square-foot home sits on one of Los Angeles’ most desirable streets and boasts seven bedrooms and 10 baths
Actor Matt Damon, 51, wife Luciana and their three children have relocated to a penthouse in Brooklyn Heights, New York
A zen pad with a koi pond, waterfall and triple-height atrium, this house in the Pacific Palisades, Los Angeles, was sold at a reduced price by actor Matt Damon, 51, in November.
He, wife Luciana and their three children have relocated to a penthouse in Brooklyn Heights, New York.
The home has seven bedrooms, movable glass walls, staff quarters and a Hawaiian-style lanai (open-sided patio with a roof) for outdoor dining.
It was initially listed for £15.6million but after a year sold for £13.3million after a 15 per cent drop
JOHNNY DEPP: Starting price £46million reduced to £40 million
Johnny Depp’s quirky village-like compound in Plan De La Tour, France, first came up for sale in early 2015
US actor Johnny Depp attends the promotion of the animated series “Puffins”
Johnny Depp, 58, is notorious for his chaotic money management.
In 2020, during his libel action, he told the High Court that he discovered in 2016 he had ‘lost’ a fortune equivalent to £482million and was advised he was ‘$100million [£74million] in the hole’ because he had not paid his taxes for 17 years.
Around that time he listed his estate in the South of France for a reported £46million. It is an entire village, with a bistro, wine cave, skate park and several houses.
There are 15 bedrooms and 14 bathrooms in the main residence. It has since been listed for £40million, a 13 per cent drop, but seems to be off the market.
JERRY SEINFELD: Starting price £13.6million reduced to £11million
The 12,300 square ft ranch-style property sits on 27-acres and has 11 bedrooms, 11 full bathrooms, and two half bathrooms
Jerry Seinfeld and his wife Jessica Seinfeld
A ritzy ski retreat in Telluride in Colorado — where Hollywood comes to enjoy the snow — the 11-bedroom home of comedian Jerry Seinfeld, 67, is on the market for £11million, a 19 per cent discount.
It was initially put on in 2011 for £13.6million. There were no takers at that price at that time but, possibly encouraged by actor Tom Cruise listing — and selling — his house nearby at the asking price of £29million last year, Seinfeld and wife Jessica are trying again, at a discount.
The home has 27 acres of land and a double height ‘Great Room’ with breathtaking mountain views.
MICHELLE PFEIFFER – Starting price £21.5million reduced to £16million
Michelle Pfeiffer quietly sold her Silicon Valley compound after nearly two years on the market
Michelle Pfeiffer and husband David E Kelly
Actress Michelle Pfeiffer, 63, and her producer husband David E. Kelley, 65, took nearly two years to sell their house in Woodside, California.
The ivy-covered house was first put on the market in 2018 for £21.5million before eventually selling for £16million, a 25 per cent drop.
The seven-bedroom property comprises a Mediterranean-style villa, three detached staff apartments, a detached guest house and office and separate gym. It’s on 8.67 acres.
MICHAEL DOUGLAS & CATHERINE ZETA JONES – Starting price £16million reduced to £14.5million
Michael Douglas and Catherine Zeta-Jones are still looking to sell their apartment in Upper West Side, New York City
Michael Douglas and Catherine Zeta-Jones attend the 73rd Primetime Emmy Awards at L.A
Actor Michael Douglas, 77, and his wife Catherine Zeta-Jones, 52, put their New York apartment on the market for £16million last summer.
That price has since dropped to £14.5million, a 9 per cent reduction. The four-bedroom New York apartment has unobstructed views of Central Park and a wood-panelled library, plus staff quarters.
The couple bought an enormous riverfront house in Westchester County and are now dividing their time between that and the huge mountainside retreat in Mallorca, which Douglas, has finally bought his ex-wife Diandra out of.
DONALD TRUMP – Starting price £20.7million reduced to £12.5million
President Donald Trump has turned his luxury Caribbean estate into a half-price hideaway after struggling to sell it
Former US President Donald Trump (L) and US First Lady Melania Trump
Former U.S. President Donald Trump, 75, bought this huge spread on the idyllic island of St Martin in the French West Indies in 2013.
It comprises two villas, ten bedrooms, a pool, tennis court, fitness centre and putting green set in five acres.
The master en-suite boasts a Jacuzzi. It has been up for sale for the past four years. Trump has an enormous property empire and is mostly at Mar-a-Lago in Palm Beach, Florida.
The price started at £20.7million and has now fallen to £12.5million, a drop of 40 per cent. It is also available to rent for £37,500 a week, including a concierge, chef, laundress and gardeners.
PS: No discounts for PIERCE BROSNAN
Pierce Brosnan pulled his $100 million Malibu estate off the market
Actor Pierce Brosnan and his wife Keely Shaye Smith
Actor Pierce Brosnan, 68, spent ten years building his Thai-themed estate in Malibu.
He has been toying with the idea of selling it for five years, having bought the land in Malibu in 2000 and gone on to build two houses, a gym, music room and spa.
After he finally took the plunge, it spent more than a year on the market for £74million.
However, last summer it was yanked back off having failed to sell. Brosnan and his family live full-time in Hawaii
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