Cher cuts $10m off her $75m asking price for her landmark Italian Renaissance-inspired Malibu mansion

Incredible: Cher has slashed $10million off the asking price of her iconic Italian Renaissance-inspired Malibu mansion

People Magazine reported on Tuesday that Cherilyn Sarkisian, aka the 76-year-old Goddess of Pop, had relisted her mansion for $75 million.

Cher has dropped $10 million from her Malibu mansion’s asking price

Stunning: The Believe songstress had originally put the Venice, Italy-inspired home on the market for $85million back in October, decades after first purchasing it for a mere $2.95 million in 1989, according to the Wall Street Journal

The Wall Street Journal reports that the Believe singer put her Venice, Italy–inspired mansion on the market for $85 million in October, nearly three decades after she bought it for $2.95 million.

On the Pacific Coast Highway is a mansion with all the trimmings: a tennis court, an infinity pool, seven bedrooms, a meditation room, a panic room, and a climate-controlled chamber dedicated to Cher’s famous wig collection.

Wow factor: Cher purchased the property, which boasts priceless views of the Pacific Ocean and took almost five years to build, in 1989 before attempting to sell it in 2009 for $45 million

In 1989, Cher bought a mansion with breathtaking views of the Pacific Ocean that she later tried to sell for $45 million in 2009.

This house is stunning from the moment you pull into the driveway until you leave.

Details: The main residence boasts a primary suite containing a meditation room and two closets, one of which also serves as a panic room

Forty palm trees decorate the entrance to the fenced-in residence.

A serene atmosphere is created by a courtyard fountain designed in the Moorish style.

A gatehouse that doubles as a guesthouse is one of the seven bedrooms of Cher’s mansion.

Gorgeous: The home has everything an A-lister like Cher could want and more, including an indoor-outdoor gym and theater

One of the two closets in the master bedroom doubles as a panic room, and the main house also has a meditation room.

The main bathroom is also stunning, with its Turkish wood panels and hammam design.

The mansion boasts an indoor/outdoor gym and a theater, giving Cher all she needs and more to live in style.

According to the 2002 book The Cher Scrapbook, the singer keeps approximately 100 wigs in a climate-controlled wig room.

In an email provided to the Wall Street Journal, Cher recalled the 'intimate dinners' and parties she hosted on the remarkable property: 'From every room, there is an ocean view'

Cher wrote in an email to the Wall Street Journal that she enjoyed hosting “intimate dinners” and other gatherings at the extraordinary home.

‘From every room, there is an ocean view,’ she wrote.

She said she hosted ‘intimate dinners in the family dining room’ in addition to bigger ‘tented parties in the courtyard and pool area.’

‘My Rinpoche came to give a prayer session with a large group of friends,’ she wrote.

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