Sheryl Crow Can't Sell L.A. Compound
Grammy-winning singer Sheryl Crow has no problem selling records, but she seems out of tune with the Los Angeles property market. Ms. Crow first listed her compound last October for $15.95 million and reduced it in January by $2 million. With no buyers in sight, a few days ago she cut the price by another $1 million, offering the estate for $12.5 million.
The compound consists of three historical homes, built at the turn of the century, sitting on 10 acres above the center of Hollywood. The four-bedroom, 3.5-bath main house has been remodeled and restored. It has a wrought iron staircase, Spanish-tiled living room, wine cellar and "quaint" music room," according to the listing
The property also includes a four-bedroom, three-bath Craftsman-style home built in 1909 and a three-bedroom, two-bath cottage with authentic fixtures from 1885.
Outside, there is a pergola with a stone fireplace, a Brazilian Ironwood bridge that leads to hiking trails, a tee pee, campsite, playground and a resort-style infinity pool.
The "All I Wanna Do" singer purchased the property under the name "Grand Beach Trust" in two separate transactions in 1998, according to Real Estalker
. But she has since refinanced the property under her own name.