Rod Stewart is remodeling his Los Angeles mansion with a $10 million price increase

Celebrity real estate

by Hannah Freshberg

This rock mansion is back on the market, and with an ambitious new price.

Six months after listing his bright yellow Los Angeles estate for $70 million, Rod Stewart has relisted the complex for another $10 million, bringing the new asking price to $80 million.

The 78-year-old Briton bought the property in 1991 for $12.08 million, before owning the current 12-bathroom, nine-bedroom, country-meets-English Versailles-style home, built by Richard Landry, according to New York timeswhich first reported the re-listing.

It looks like Stewart is really trying to get this house off his back. Shortly after this home was first listed, sources told the Daily Mail that he was aiming to return to his home in London after becoming fed up with the “toxic culture” in Los Angeles. Not only that, but he is said to have “no privacy” in the City of Angels, and traveling between the two cities has become extremely annoying.

Highlights of the residence include a double-gated entrance, a marble-floored bar, a 4,500-square-foot guest house, two gyms, a tea room, a dining room and plenty of Old World touches throughout, such as ceiling moldings, medallions, herringbone floors and Corinthian columns.

Exterior highlights include a long driveway leading up to the house, sculptures galore, a pool and hot tub, a soccer field, and a total of 3 acres of landscaped property in the star-studded Beverly Park Nappies, an ultra-affluent area within Beverly Hills.

(Other neighborhood residents include Justin Bieber, Barry Bonds, Adele and Denzel Washington, to name a few locals.)

“The whole family lived there for 30 years,” Tomer Friedman of Compass’s Friedman Group, which is representing Stewart in the auction, told the Times of how the “Maggie May” singer raised his eight children on the Los Angeles estate. “The kids have grown up there, he already has grandchildren… He’s built a whole life there, and it’s about time.”

These days, Friedman told the Times, he prefers to spend his days abroad — “He lives in Europe a lot of the time.”