Rock legend Rod Stewart has reduced the asking price of his iconic Beverly Hills mansion after it was previously listed for $80 million. The 38,500-square-foot property, which Stewart has called home for over 30 years, is now listed at $74 million.

Cherished Memories

Stewart, 79, has expressed his reluctance to part ways with the home that holds so many cherished memories. “I don’t want to sell it, and the kids don’t want me to sell it either. There are too many fond memories,” he shared. Having lived in Los Angeles since 1975, Stewart has a deep attachment to the place that he adores.

Luxury and Elegance

Designed by renowned architect Richard Landry, the mansion offers luxury amenities such as a soccer field, motor court, and an impressive pool. Inside, the living spaces boast ornate Old World design and several wood-burning fireplaces. The property also features a private movie room and speakeasy, perfect for entertaining guests.

Looking to the Future

Stewart’s decision to sell the mansion is connected to his plans to make England his permanent home base after completing his world tour and Las Vegas residency. With a packed touring schedule and spending most of his time in Palm Beach and Europe, Stewart sees the importance of moving on. According to Tomer Fridman of The Fridman Group International, Stewart’s realtor, “This home has such a rich family history. His family spent thirty years residing there and he raised his kids there.”

A New Chapter

As the curtain closes on his rock ‘n’ roll era, Stewart is ready to embrace a new chapter in his career. He plans to shift his musical focus to swing music and the Great American Songbook. However, he assures fans that his iconic songs will not be forgotten. “I’m not taking my songs to the cemetery and burying them. I might bring them out on the odd occasion, but I basically would like to put them to rest for a little while,” Stewart explained.

A Musical Legacy

In addition to selling his beloved mansion, Stewart has also made headlines by giving away the rights to his extensive discography. The music legend has teamed up with Iconic Artists Group for the $100 million sale of his interests in his publishing catalog and recorded music. This year marks Stewart’s 60th year in the music industry, and he is confident that he has found the right partners to preserve his life’s work and ensure his musical legacy.

With its rich history and luxurious features, Stewart’s Beverly Hills mansion represents a lifetime of success and remarkable accomplishments. As the rock legend opens a new chapter and looks to the future, his iconic home awaits its new owner, ready to create new memories and continue its legacy of elegance and grandeur.