Rockers Gwen Stefani and Gavin Rossdale’s marriage went south a long time ago, but now there is no doubt they still own a mansion in the 90210 ZIP code.
The 15,500-square-foot home hit the market in 2016 — a short time after the couple divorced — for $35 million. Now it’s on the market with a price cut, for $24 million, according to the Los Angeles Times.
The 31% price chop is not uncommon among luxury listings in L.A. That upper-end market market dropped by the same 31 percent in the first quarter compared to the same period in 2018, according to a recent report.
Some experts have predicted a reset, and away from a trend of what had been “aspirational” pricing.
Stefani and Rossdale’s home was built in 2003 in a gated neighborhood off Mulholland Drive near Franklin Canyon. It has seven bedrooms and seven bathrooms, and includes a tennis court and pool. They paid $13.3 million for it in 2006.
Jade Mills of Coldwell Banker and Craig Knizek of the Agency have the listing. [LAT] — Dennis Lynch