The asking price for the late singer Whitney Houston’s New Jersey mansion, which has been listed for sale for nearly two years, has been reduced to the rock bottom price of just $1.75 million.
The mansion, which Houston used to share with ex-hubby Bobby Brown, has lingered on the market since 2009, with the original asking price being $2.5 million for the five-bedroom, 12,500 sq. ft. home, reported HousingWire.
Real estate broker Robert Cross of Car Property, who are listing the home, is hoping that the recent headlines, combined with the reduction in price, will finally see the property sold off:
“With the recent passing of Whitney Houston in Beverly Hills… it is with a heavy heart that we remind you of this great mansion. Now is the time for someone to step up and buy this great house.”
Whitney Houston’s home has not been listed on the MLS, and anyone interested in purchasing the property must be able to prove $1.5 million in liquid assets or show pre-approval for a loan.
For those fans of Whitney Houston who can afford to cough up the asking price, they would be getting themselves a treasure trove full of memories of the late singer’s life. According to the listing copy, the home was the place where Whitney Houston “married, lived and partied”, and was the setting of a memorable 2005 reality TV show that starred both her and her husband Bobby, as well as many other special moments:
“From the storied soaring success of the young Whitney Houston, to her marriage ceremony with Bobby Brown, this house and four-car garage car property, hosted some of the music industry’s most infamous moments.”
The listing also acknowledges that the singer experienced many low points whilst living in the mansion, reminding buyers that the home was the scene of Whitney’s drug taking which is blamed for having “brought down this incredible music diva.”
Of course, the listing fails to touch on whether or not now is such an appropriate time to be pushing for the property’s sale – I guess we’ll have to leave that one up to the buyers themselves.