
After almost two years on the market, the rapper has lowered the price of his Farmington mega-mansion from $18.5 million to $14.5 million, a 21 percent price cut.
“It’s the market,” acknowledged listing agent Deborah Orr of Keller Williams Realty. “With a unique property, everyone acknowledges it’s difficult to pinpoint the perfect market price. We feel we need to stimulate some activity, and that was the intent of the price cut.”
Even with the price reduction, the home is still the most expensive home listing in the region.
The home, on Poplar Hill Road, was purchased by 50 Cent in 2003 for $4.1 million.
The 17-acre property, which in the past has been home to real estate swindler BenjaminSisti and boxing champion Mike Tyson, has many sumptuous features, including a helipad, a 40-person hot tub, a movie theater, two billiard rooms and a disco. It has 18 bedrooms and 37 bathrooms.
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on Dec 30th, 2008 at 11:03 am
Nice writing style. Looking forward to reading more from you.
Chris Moran