Marc Anthony’s wallet will take a hit with reduced Tarzana listing price

The singer has relisted his house in the Valley for $3.9M; he paid $4.1M for it last year

Jun.June 30, 2016 12:00 PM

A photo posted by Marc Anthony (@marcanthony) on

Salsa singer and J. Lo’s former husband Marc Anthony cut the asking price of his five-bedroom, seven-bathroom abode in the San Fernando Valley. It’s now $3.9 million — substantially lower than the $4.1 million he ponied up for it in early 2015.

The Grammy-winning musician never even lived in the 6,500-square-foot New England-style house he is now selling at a loss, Variety reported. He first put it on the market in August 2015 for $4.4 million, and then later marked it down to $4.2 million. The last price cut is what knocked it down to less than what he paid. 

The residence on Amigo Avenue features coffered ceilings, mahogany wood floors and a gourmet kitchen with two islands. The master suite has its own terrace, marble bathroom and a large walk-in closet. Outside, the backyard includes a pool, spa, fire pit and bar with grill and outdoor fridge.

Anthony previously owned another home in the valley, a small bungalow in Encino that he bought for $2.2 million in 2013 and sold for $2.4 million last year. [Variety]Cathaleen Chen

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