John Legend and Chrissy Teigen first listed the home last summer for $23.95 million following the chaos of the COVID-19 pandemic. The price dropped slowly over the past year and it’s now listed at $17.95 million.
“It was too aspirational to start with that high of a price,” Myra Nourmand, a principal and agent with Nourmand & Associates, told Realtor. She specializes in marketing and selling luxury properties from Beverly Hills to Malibu.
John Legend, 42, and Chrissy Teigen, 35, first purchased the home (formerly owned by Rihanna) in 2016 for $14.1 million, where they proceeded to transform the home into their own ultra stylish abode — complete with the culinary touches Teigen is known for.
The A-list couple designed the home to reflect warmer tones, including an upgraded kitchen that Teigen is not shy about using, often filming herself cooking on social media. Spanning 8,520 square feet, the property is made up of seven bedrooms and nine bathrooms. All of the bedrooms feature their own private balconies and en suite bathrooms.