Cher REDUCES $10 MILLION off asking price of iconic Italian-inspired Malibu mansion to $75 MILLION

Cher has slashed $10 million off the asking price of her iconic Italian Renaissance-inspired mansion in Malibu.

The 76-year-old Goddess of Pop – born Cherilyn Sarkisian – has relisted her palatial estate for $75 million according to People magazine on Tuesday.

The Believe singer originally put the Venice, Italy-inspired home on the market in October for $85 million, decades after she first bought it in 1989 for just $2.95 million, according to the Wall Street Journal.

Located on Pacific Coast Highway, the home features a tennis court, infinity pool, seven bedrooms, meditation room, panic room, and even an air-conditioned room for Cher’s iconic wigs.

Cher bought the property, which offers priceless views of the Pacific Ocean and took nearly five years to build, in 1989 before attempting to sell it in 2009 for $45 million.

Unbelievable: Cher slashed $10 million off the asking price of her iconic Renaissance-inspired Malibu mansion

Icon: Cher is seen at the Versace FW23 Show at Pacific Design Center on March 9, 2023 in West Hollywood, California

Icon: Cher is seen at the Versace FW23 Show at Pacific Design Center on March 9, 2023 in West Hollywood, California

From the driveway to the interior, every part of the home is a sight to behold.

Visitors are greeted by the sight of 40 palm trees lining the gated home’s driveway.

A Moorish-style fountain in a courtyard adds an air of peace and tranquility to the property.

Cher’s house has seven bedrooms, including a gatehouse that is also used as a guest house.

The main residence features a primary suite containing a meditation room and two built-in closets, one of which doubles as a panic room.

Even the primary bathroom is breathtaking as it is shaped like a hammam with Turkish wood screens.

The house has everything an A-lister like Cher could want and more, including an indoor-outdoor gym and theater.

She even has an air-conditioned wig room with nearly 100 hairpieces, claims the 2002 book The Cher Scrapbook.

Beautiful: The 76-year-old Goddess of Pop — born Cherilyn Sarkisian — has relisted her palatial estate for $75 million according to People Magazine on Tuesday

Beautiful: The 76-year-old Goddess of Pop — born Cherilyn Sarkisian — has relisted her palatial estate for $75 million according to People Magazine on Tuesday

Stunning: The Believe singer originally put the Venice, Italy-inspired home on the market in October for $85 million, decades after she first bought it in 1989 for just $2.95 million, according to the Wall Street Journal

Stunning: The Believe singer originally put the Venice, Italy-inspired home on the market in October for $85 million, decades after she first bought it in 1989 for just $2.95 million, according to the Wall Street Journal

Regal: Located off Pacific Coast Highway, the home features a tennis court, infinity pool, seven bedrooms, meditation room, panic room, and even an air-conditioned room for Cher's iconic wigs

Regal: Located off Pacific Coast Highway, the home features a tennis court, infinity pool, seven bedrooms, meditation room, panic room, and even an air-conditioned room for Cher’s iconic wigs

Wow factor: Cher bought the property, which offers priceless views of the Pacific Ocean and took nearly five years to build, in 1989 before trying to sell it in 2009 for $45 million

Wow factor: Cher bought the property, which offers priceless views of the Pacific Ocean and took nearly five years to build, in 1989 before trying to sell it in 2009 for $45 million

In an email to the Wall Street Journal, Cher recalled the “intimate dinners” and parties she hosted at the remarkable grounds.

“There are ocean views from every room,” she wrote.

She recalled how she often entertained on the property, saying she hosted “intimate dinners in the family dining room,” in addition to larger “tent parties in the courtyard and by the pool.”

“My Rinpoche came to give a prayer session with a large group of friends,” she wrote.

Beautiful: From the driveway to the interior, every part of the house is a sight to behold

Beautiful: From the driveway to the interior, every part of the house is a sight to behold

Details: The main house has a primary suite with a meditation room and two built-in wardrobes, one of which also serves as a panic room

Details: The main house has a primary suite with a meditation room and two built-in wardrobes, one of which also serves as a panic room

Gorgeous: The house has everything an A-lister like Cher could want and more, including an indoor-outdoor gym and theater

Gorgeous: The house has everything an A-lister like Cher could want and more, including an indoor-outdoor gym and theater

Cher's house has seven bedrooms, including a gatehouse that is also used as a guest house.

Cher’s house has seven bedrooms, including a gatehouse that is also used as a guest house.

Stunning: She even has an air-conditioned wig room with nearly 100 hairpieces, claims the 2002 book The Cher Scrapbook

Stunning: She even has an air-conditioned wig room with nearly 100 hairpieces, claims the 2002 book The Cher Scrapbook

1680647169 804 Cher REDUCES 10 MILLION off asking price of iconic Italian inspired

In an email to the Wall Street Journal, Cher recalls the

In an email to the Wall Street Journal, Cher recalls the “intimate dinners” and parties she hosted on the remarkable grounds: “There are ocean views from every room.”

Legend: Cher can be seen at the 58th Annual Academy Awards in March 1986

Legend: Cher can be seen at the 58th Annual Academy Awards in March 1986

The list is held by Hilton & Hyland’s Drew Fenton and Robert Kass. ‘Everyone knows that house; it’s at the end of the bluff, so nobody’s on the right side,” Kass told WSJ.

An entertainment icon, Cher rose to fame as one half of the hugely successful musical double act, Sonny and Cher, along with her late husband Sonny Bono. Since then, she has sold over 100 million albums and won a 2000 Grammy for Best Dance Recording.

In addition to her musical achievements, she has also found success as an actress. In 1988 she won the Academy Award for Best Actress for her role in Moonstruck.