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Expensive Mansions That No One Wants to Buy

Posted by Bill Rippel on April 17, 2023 - 1:34am

92. Demi Lovato’s Cozy Mansion

On the Market Since: 2018
Total Area: 5,500 square feet
Initial Value: $9.5 million*

Singer-songwriter Demi Lovato had quite a struggle trying to sell her cozy Los Angeles mansion. Nestled right above Laurel Canyon, the mansion went on the market in 2018 for $9.5 million. The 5,500-square-foot property came with four bedrooms and seven bathrooms. Lovato lowered the price to $8.995 million shortly after she put it on the market.

Even that reduction wasn’t enough to draw in a buyer, and, several price slashes later, the “Still Have Me” songstress was finally able to offload it for $9.5 million. Before it was sold, she rented out the gated property for $39,500 a month. 

Otto Knotzer Thanks for sharing
April 17, 2023 at 5:12am