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Sonny & Cher’s Former Owlwood Estate Slashes Asking Price By $65 MILLION!!!

Sonny and Cher‘s former famed Owlwood Estate has significantly dropped its price after being on the market for over a year.

For a whopping $115 million, the 12,000-square-foot mansion can be yours … a bargain compared to the original asking price of $180 million!

The 10-bathroom, 9-bedroom Italian Renaissance home, owned by the singing duo in the 1970s, is currently being shown to pre-qualified clientele. Translation: you gotta have a lot in the bank to even step foot inside.

But Sonny Bono and Cher aren’t the only famous former tenants of the Holmby Hills mega-mansion.

The estate, designed by renowned architect Robert D. Farquhar in the 1930s, was originally built for the ex-wife of Arthur Letts Jr. — the first owner of Hugh Hefner’s Playboy Mansion. Since then, it’s been passed around by actor Tony Curtis, 20th Century Fox co-founder Joseph Schenck, a Superior Oil founder and the founder of the Hotel Bel-Air.

Sitting on 10 acres, the property also features a library, tennis court, Olympic-size swimming pool, and guesthouse.

In the words of Sonny and Cher, Baby Don’t Go for less than asking the price!