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Rod Stewart Slashes Asking Price For Beverly Hills Mansion

Rod Stewart's 38,500-square-foot mansion in Beverly Hills listed for $70 million.

Sir Rod Stewart, the rock icon, has made headlines with the recent changes in the listing price of his 38,500-square-foot mansion in Beverly Hills. Initially listed for $70 million in June, the property has seen fluctuations in its asking price over the past few months. After a brief increase to $80 million, the mansion is now back on the market with a reduced price tag of $74 million as of February 14.

The luxurious estate, designed by renowned architect Richard Landry in the 1990s, boasts a range of upscale amenities including a soccer field, motor court, and a stunning pool. Stewart, who has called this property home for over 30 years, has expressed sentimental attachment to the residence, citing fond memories and a rich family history.

Despite his emotional connection to the Beverly Hills mansion, Stewart has decided to sell the property as he plans to establish a more permanent residence in England following the conclusion of his recent world tour and Las Vegas residency. The decision to part ways with the estate marks a significant transition in Stewart's personal and professional life.

In addition to selling his beloved home, Stewart has also made a significant business move by selling the rights to his extensive discography for a reported $100 million. Teaming up with Iconic Artists Group, Stewart expressed confidence in entrusting his musical legacy to the new partners as he celebrates his 60th year in the music industry.

Reflecting on his future plans, Stewart hinted at a shift in his musical focus from rock 'n' roll to swing music and the Great American Song Book. While he acknowledges the end of an era in his touring career, Stewart remains open to occasional performances of his classic songs, emphasizing that his music will always hold a special place in his heart.

As Stewart navigates these significant changes in his life and career, his decision to sell his iconic mansion and music catalog symbolizes a new chapter in his legendary journey through the world of music and entertainment.

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