Singer/songwriter Kid Rock has five Grammy nominations, but when it comes to his Southern California real estate, the numbers aren’t exactly on his side.
Kid Rock (whose real name is Robert James Ritchie) spent nearly four years trying to offload his home in Malibu — a Bali-inspired estate described as a “very private oasis” — which just sold for a cringeworthy $2.1 million loss.
Variety first reported the sale, which clocked in at a disappointing $9.5 million.
Kid Rock, who recently got engaged to girlfriend Audrey Berry, purchased the estate on the Point Dume promontory for $11.6 million in 2006.
The rocker first listed it for sale in 2013, asking a mighty $13.45 million. By 2015, the price slipped to $12.75 million, then early the following year, it fell to $11.99 million.
What’s more, the property was briefly taken off the market early this year, only to be re-listed in March for $10.99 million — $610,000 below what he paid in 2006.
At least it’s good news for the buyer — an unidentified new homeowner — who got quite the deal.
The gated, 1.54-acre plot includes an 8,305-square-foot main home with five bedrooms, handsome wood trim on the ceilings and door frames, and glass doors in the living and dining spaces that lead to a terrace with a built-in grill, a fireplace and a television.
Back inside the main home, a handcrafted wooden staircase heads to the lower level, which has a glass-enclosed gym and a family room with a fireplace. Glass doors on this floor lead to a sunken courtyard with a pool, an outdoor shower and a lounge area.
Elsewhere on the property, there’s a guesthouse.
This Malibu manse isn’t Kid Rock’s sole home. Variety notes he owns a collection of others, including two in Nashville, Tenn., one that faces the ocean in Jupiter, Fla., and another just 5 miles from downtown Detroit.
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