The Real Deal Miami

Burt Reynolds lowers price on Hobe Sound home

January 26, 2012 12:45PM

Burt Reynolds and his Hobe Sound home

Actor Burt Reynolds, who is facing foreclosure on his home in Hobe Sound, has lowered the price on the home to $4.99 million, according to the Sun Sentinel. Reynolds has remained reluctant to talk about how the home ended up in foreclosure. The home was discounted in 2009 to $8.9 million, the Wall Street Journal reported. It was originally listed in 2006 for $15 million.[Sun Sentinel]