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Cher’s former mansion in Miami Beach sells for $17 million
The 11,500-square-foot showplace opens to a palm-topped backyard with a lap pool, private dock and 158 feet of water frontage.
(Douglas Elliman)
Dec. 10, 2020 8 AM PT
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On the shores of Biscayne Bay in Miami Beach, a palatial estate once owned by pop icon Cher just sold for $17 million. It was asking $22 million over the summer before a September price cut brought the tag down to $20 million.
That’s quite an uptick from when the Goddess of Pop lived there; records show she paid $1.5 million for it in 1993 and nearly tripled her money three years later, selling it for $4.35 million.