Cher’s amazing homes will make you ‘Believe’
With more than 20 studio albums under her belt and a reported net worth of $360m (£286m), it’s no surprise that Cher has amassed an incredible property portfolio. She’s made her money work hard too, investing in houses and often selling them on for a profit. However, she may wish she’d held on to some of them, including the Miami getaway she bought for just $1.5 million (£1.2m) that has just hit the market at $42.5 million (£34m). Let’s take a look around…
Cher’s Miami manse
With a career spanning seven decades, the multi-talented performer has been in the property game a while too. She bought the waterfront Miami manse in 1993 for $1.5 million (£1.2m) and nearly tripled her money when she sold it for $4.3 million (£3.5m) three years later. But now the very same pad has just come on the market and is priced at a staggering $42.5 million (£34m). We bet she wishes she could ‘turn back time’….Let’s look around…
Cher’s Miami manse
The six-bedroom, nine-bathroom house on La Gorce Island, off the coast of Miami Beach, has undergone a few changes over the years since Cher was mistress, of course. According to The Wall Street Journal, the present owners are James Eaton, president of a Canadian private holding company and his wife Cecily. Reportedly, they spent the last three years renovating the place, raising the ceilings and converting a terrace into a dining room and sitting area. With its dual staircase and arched doorways, the results are spectacular.
Cher’s Miami manse
The couple coughed up $17 million (£13.6m) for the 12,450-square-foot Spanish-style property in 2020 and have spent a fortune transforming it into a contemporary open-plan masterpiece with floor-to-ceiling windows, a full Art Deco-style home bar and 158 feet of frontage on Biscayne Bay.
Cher’s Miami manse
The Goddess of Pop would no doubt approve of the bathrooms too, which have been fitted out with a two-person central shower, a statement marble freestanding bath and plenty of living and lounging space. Cher sold the Mediterranean-style pad to Calvin Klein co-founder, Barry K Schwartz, in 1996 and she’s been busy buying and selling ever since. But one of her homes isn’t selling…
Cher’s Malibu dream home
Dan Callister / Staff / Getty Images
Cher bought this Italian Renaissance-style estate for just shy of $3 million (£2.4m) in September 1989, according to property records, and spent nearly five years transforming it into her perfect home. The sprawling 13,200 square-foot mansion sits on approximately 1.7 acres overlooking the Pacific Ocean from its setting on the Pacific Coast Highway, and is considered one of the most sought-after areas of Malibu.
Cher’s Malibu dream home
Dan Callister / Staff / Getty Images
According to reports, LA-based interior designer Martyn Lawrence Bullard was engaged to create the “Venetian-meets-Moorish” building, which boasts arched windows and doors with unrivalled ocean views. The ‘Do You Believe’ singer first listed the seven-bedroom property, which includes a gatehouse which doubles as a guesthouse, in 2009 for $45 million (£36m), and there were rumours in 2013 that Beyoncé and Jay-Z had snapped it up. But this turned out not to be true.
Cher’s Malibu dream home
Photo 12 / Alamy Stock Photo
As famous for her striking looks as for her talent, the house includes a state-of-the-art dressing room, as well as a show-stopping climate-controlled wig room, which according to the 2002 book The Cher Scrapbook, displays almost 100 of the singer’s hairpieces. The primary suite also boasts two closets (one doubling at a panic room), an indoor-outdoor gym and a private cinema.
Cher’s Malibu dream home
Paul Harris / Getty
The singer was hoping for some serious profit when she then put it on the market in October 2022 for a staggering $85 million (£67.7m). But almost a year on, she is still yet to sell the magnificent mansion, despite having dropped the price by a whopping $10 million (£8m) in March 2023. Her current home, it remains the glittering jewel in her property portfolio.
Where next for Cher?
Having bought and sold a whole host of properties over the last 60 years, it seemed Cher was finally settled in her dream home in Malibu. But it seems she’s keen to move on. With a new Christmas album reveal in September 2023, will the star steal Mariah Carey’s crown and have a new home for the holidays? We can’t wait to find out!
