Live Like Cher for a Mere $10.2M

What's not to love about Cher's former Miami Beach estate? The La Gorce Island mansion boasts a 60 foot pool, 158 feet of prime waterfront, a two-story receiving hall, and the best feature of all is the current discounted price tag, which is an astounding 40 percent off the original asking price of $16.9 million in 2008. View the listing.

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What's not to love about Cher's former Miami Beach estate? The La Gorce Island mansion boasts a 60 foot pool, 158 feet of prime waterfront, a two-story receiving hall, and the best feature of all is the current discounted price tag, which is an astounding 40 percent off the original asking price of $16.9 million in 2008. View the listing.
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Hoping to capitalize on the perceived spike in the Miami Beach real estate market, current owners Todd Glaser and Armin Mattli have slashed the price 40 percent in the last two years. Sources claim that the owners will in fact lose money on the deal.
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Notable past renters of the home include Janet Jackson and Julio Iglesias.
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Cher rebuilt and sold the mansion in the 1990s.
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A view of the formal dining room.
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The mansion features six bedrooms and 7.5 bathrooms.
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158 feet of prime waterfront surround this impeccably designed home.
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The mansion totals 11,460 feet and was originally constructed in 1953.
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A view of the dazzling courtyard.
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One of the six bedrooms in the mansion.
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In 2006, former Calvin Klein CEO Barry Schwartz sold the estate to the current owners for $9.7 million.
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The mansion sits on a large 30,000 square foot lot in a gated community.
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The listing notes that the mansion features "a grand, two-story receiving hall embraced by double staircases that lead to the master suite." Talk about luxury!
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A view of the gourmet kitchen.
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