Golden Globe Winner Sylvester Stallone Lists His $4.1M Desert Villa for $300k Less Than What He Paid

Sylvester Stallone

Photos Credit: Hurwitz James Company

Though Sylvester Stallone recently won a 2016 Golden Globe for his role in Creed, the actor is reportedly taking a loss when it comes to his real estate portfolio. Earlier this month, Stallone put his desert villa on the market with Hurwitz James Company for $4.199 million—$300,000 less than what the actor paid for the Mediterranean-style property back in 2010.

Sylvester Stallone

Located in the gated La Quinta Madison Club golf community near Palm Springs, the mansion offers mountain views along the western edge of the Coachella Valley. The four-bedroom home sits on nearly a half-acre of land and features Spanish and Mediterranean design elements throughout. It offers close to 5,200 square feet of living space, including a great room, formal dining room, wine room, breakfast nook, four bedrooms and four full bathrooms.

Sylvester Stallone

According to Variety, the actor bought the home in 2010 for $4.5M and just a year later, threw it on the market for $4.3M (which was quickly upped to $4.5M) and then appeared in 2014 with a price tag of $4.2M. Maybe now that the actor is back in the limelight, it will be a little easier to sell. 

Sylvester StalloneSylvester StalloneSylvester StalloneSylvester StalloneSylvester StalloneSylvester Stallone

Christina Stewart

In her role as managing editor, Christina has developed a keen eye for all things luxury and is considered by many to be an expert within her field. Christina has covered a wide range of luxury lifestyle topics and finds passion in international travel, fast cars, and fabulous handbags. She graduated from San Diego State University in 2005 with a degree in both journalism and English. While attend...(Read More)

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