Rod Stewart Cuts $6 Million off the Price of His Yellow Los Angeles Mansion

What goes up must come down. That rule applies to Sir Rod Stewart’s sprawling Los Angeles compound, which, two months after a significant price bump, has now had $6 million chopped from its asking price.

The canary-colored mansion first hit the market for $70 million in June. In December, its ask was pumped up to $80 million, and this week’s adjustment has left the sticker price on the European-inspired estate at $74 million.

Either way, the sale will spell a big profit for the “Maggie May” singer, 79, who bought the roughly 3-acre estate for $12.08 million in 1991, records show, and drafted architect Richard Landry—who’s known as the “king of the megamansion”—to design the home, which was built in 1993.

(Anthony Barcelo)

The nine-bedroom house is hidden from prying eyes behind gates and at the end of a long private driveway within Los Angeles’s Beverly Park, an exclusive and celebrity-favored gated community.

Across its sizable 28,000 square feet, according to the listing with Tomer Fridman of the Fridman Group International.

It’s loaded with lavish details like marble floors, columns, wood paneling, fireplaces and intricate moldings.

(Fridman Group International)

Outside, a 4,500-square-foot guest house has additional living space and a full-size gym, and there’s also a pool and spa, a number of lounging areas, gardens, an outdoor entertainment area with a barbecue and a fireplace, and a fully lit soccer pitch.

Ref: Rod Stewart Cuts $6 Million off the Price of His Yellow Los Angeles Mansion (Firdman Group International )

Photo Credit: (Firdman Group International )