Sharon Osbourne Cuts $1M From Price of L.A. Mansion She Shared With Ozzy

LOS ANGELES — Sharon Osbourne has cut $1 million from the asking price of the Los Angeles mansion she shared with Ozzy Osbourne, bringing the storied home down to $16 million. It is the latest — and steepest — markdown in a four-year effort to find a buyer, and it says as much about the house as it does about the moment Sharon is in.

The price history tells its own story. The Osbournes first listed the seven-bedroom, 7.5-bathroom property in 2022 at $18 million, trimmed it to $17.5 million, and then pulled it off the market altogether. Sharon relisted it this April at $17 million, and now, according to Realtor.com’s exclusive report, she has taken another $1 million off. The home is listed with Jonah Wilson and Josh Greer of Carolwood Estates. The couple bought it in 2015 for $11.85 million — so even at $16 million, it remains well above what they paid, but the direction of travel is unmistakable.

And it is, by every account, a remarkable house. Built in the 1930s and spanning 11,565 square feet, it was meticulously restored to its 1920s glory over several years. The details read like a film set: a red-velvet home theater and screening room with its own fireplace and bar, and walls carrying the signatures of the many stars who passed through over the decades — including Elvis Presley, Mel Tormé, and Natalie Wood.

Outside, the estate keeps the fantasy going: a resort-style mosaic-tile pool, gardens, a generous lawn, and a guest apartment above the garage. An elevator connects all the levels. Out front, a white facade sits behind tall gates wrapped in lush greenery. It is the kind of house that photographs itself — which, given that it has now been photographed for four years of listings, is part of the problem. A house everyone has seen is a house everyone has already decided about.

The home also holds a small place in television history: it served as the backdrop for the couple’s documentary “Sharon & Ozzy Osbourne: Coming Home.” It is not, notably, the Beverly Hills house from their MTV reality show — that chapter belongs to a different address, a different era, and a much louder version of the family.

The sale is tangled up in the couple’s long-planned move back to Britain. The Osbournes had intended to relocate to the U.K., where the family owns an enormous estate in Buckinghamshire. Ozzy died in July 2025 in England at 76; his death certificate, filed by their daughter Aimee and reported by the New York Times, listed coronary artery disease and Parkinson’s disease. His final appearance with Black Sabbath — the Villa Park stadium show in Birmingham — came about four months before his death.

Ozzy never hid his feelings about America in his later years, speaking openly about his frustration with the country’s gun violence and his desire to get back to England. The mansion sale is, in a real sense, the last loose end of a move he pushed for and did not live to finish — a house in a city he wanted to leave, waiting for someone else to want it.

Wilson told the Wall Street Journal that Sharon continues to split her time between the U.K. and Los Angeles, and that she uses an apartment in California when she is on the West Coast. The mansion, in other words, is a magnificent house she no longer needs. Eleven thousand square feet is a lot of house to keep for memories, and the market has a way of noticing when a seller’s heart is somewhere else.

What the listing can’t sell is the story — but the story is the whole point of a house like this. The signatures on the wall, the red-velvet theater, the gates wrapped in greenery: it is a home built for people who throw the kind of parties other people write songs about. Whoever buys it is not just buying 11,565 square feet in Los Angeles. They are buying the room where Elvis Presley left his name on the wall.

At $16 million, the house remains priced well above its 2015 purchase price — the cuts are about finding the market, not taking a loss. But four years of listings have a way of answering the question the seller keeps asking, and so far the market’s answer has been to wait.

At $16 million, the question is whether the discount is finally enough. Four years, three price cuts, and one very famous address later, Sharon Osbourne is still waiting for a buyer. Houses with this much history tend to find their person eventually — the Elvis signature alone is doing a lot of heavy lifting — but as this listing keeps demonstrating, even legends have to meet the moment. For more on the music world the Osbournes helped define, see Slash’s new album and 2027 tour announcement, and for today’s other celebrity news, Gypsy Rose Blanchard’s tribute to Ken Urker.