Hold onto your gloves, folks! Boxing legend Sugar Ray Leonard is making waves in the real estate ring by slicing $4 million off the asking price of his Los Angeles mansion. The Tuscan-style beauty, draped in ivy, is now up for grabs at just under $40 million. Let’s step into the ring and get the lowdown on this knockout deal.
Price Wars: From $51.995 Million to $40 Million
Sugar Ray and his wife, Bernadette Robi, tossed their mansion into the real estate ring back in 2019 with a hefty price tag of $51.995 million. Fast forward to now, and after a few strategic moves, the price has danced down to a cool $40 million. It’s like a real estate boxing match, and Sugar Ray is playing to win.
Leonard: The Inside Scoop from the Agent
Listing agent Branden Williams spills the beans on why this mansion is a steal, saying. “Now the house is becoming an incredible value.” Teaming up with power players Rayni and Josh and Matt Altman of the Altman Brothers at Douglas Elliman, Williams is hyping up the home’s A-plus location and its unique celebrity history.
Leonard : A Mansion Reborn
Sugar Ray and Bernadette grabbed this gem in 1993, and over the years, they transformed it into a star-studded haven. Architect Richard Landry, dubbed the “king of the megamansion,” lent his magic touch, giving the property a dash of Old World Italian charm. With imported stone and custom timber features, it’s not just a mansion; it’s a piece of architectural art.
Downsizing Dreams: The Leonard Family Transition
Why the sale? Well, with the kids all grown up and out of the nest, Sugar Ray and his wife are ready to downsize. The sprawling property, with its 1950s origins. Served them well, but now they’re passing the torch to a new homeowner. Ready to embrace the luxury and history it holds.
Closing Bell: A Celebrity Home Worth the Hype
As the final bell rings in this real estate match, Sugar Ray Leonard’s mansion stands as a testament to luxury living and celebrity history. Priced at $40 million, it’s not just a house; it’s a chance to own a piece of boxing royalty’s lifestyle. Stay tuned for the next round in the Sugar Ray mansion saga!