Cher’s former Miami Beach mansion hits the market for $43M

The owners of Cher’s former home believe they can cash in on the superstar’s former digs.

Canadian financier James Eaton and his wife, Cecily, have listed the Miami Beach mansion at 64 La Gorce Circle for $42.5 million, the Wall Street Journal reported. The couple purchased the home only three years ago for $17 million.

The “Goddess of Pop” hasn’t lived there since 1996. Her occupancy of the mansion was relatively brief, buying it in 1993 for $1.5 million as her abode away from the public eye before selling it three years later for $4.4 million, when it was purchased by Calvin Klein co-founder Barry Schwartz.

It’s not clear why the Eatons are eager to sell. It’s one of only 30 waterfront homes on guard-gated La Gorce Island and a property the couple spent two years gut-renovating.

Built in 1953, the estate covers three-quarters of an acre and has 150 feet of frontage on Biscayne Bay. The main home is more than 12,000 square feet large with six bedrooms, six full bathrooms and an interior courtyard crafted into the design.

The exterior space includes a 50-foot long pool, a pool house, a hot tub, a cold plunge and an outdoor shower.

Douglas Elliman’s Dina Goldentayer has the listing, which breaks down to roughly $3,415 per square foot.

Cher, a 77-year-old multihyphenate, is best known for songs such as “Believe” and “If I Could Turn Back Time,” movies like “Moonstruck” and being half of the famous duo known as Sonny & Cher. While her work in entertainment has slowed, she recently launched a line of gelato.

She’s also working hard on selling real estate that still belongs to her. Last year, Cher listed a Malibu home she’s owned since prior to her La Gorce Island stay for $85 million. This year, she knocked down the price on the 13,000-square-foot mansion to $75 million; she bought the property in 1989 for $3 million before building the home on the land.

— Holden Walter-Warner

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