Sharon Osbourne Cuts $1M From L.A. Mansion Asking Price

Sharon Osbourne has reduced the asking price of her Los Angeles mansion by $1 million, bringing the current listing price to $16 million. This latest price adjustment comes over one year after the death of her husband, rock legend Ozzy Osbourne, who passed away in July 2025 at the age of 76. The couple originally purchased the sprawling seven-bedroom, 7.5-bathroom estate in 2015 for $11.85 million. The property is being managed by real estate agents Jonah Wilson and Josh Greer of Carolwood Estates. The Osbournes first attempted to sell the mansion in 2022, initially listing it for $18 million. They subsequently lowered the price to $17.5 million before removing it from the market. In April of the current year, Sharon Osbourne relisted the home with an asking price of $17 million. The most recent $1 million reduction aims to further attract potential buyers. Reports had previously suggested the couple intended to sell the Los Angeles residence as they planned to relocate back to the U.K., where the family owns a large estate in Buckinghamshire. It was in this U.K. estate that Sharon and Ozzy were reportedly residing when the musician died from coronary artery disease and Parkinson's disease. However, listing agent Jonah Wilson informed The Wall Street Journal that the decision to sell the home was ultimately not finalized at that time, indicating a shift in their plans or strategy regarding the property. The mansion itself is described as palatial and was a significant family residence for the Osbournes, who raised their children in the home. The property's extensive features and luxurious amenities are part of its appeal to prospective buyers in the high-end Los Angeles real estate market. The ongoing efforts to sell the mansion reflect the evolving circumstances and decisions of Sharon Osbourne following her husband's passing and the family's property portfolio management. The price reductions signal a strategic move to facilitate a sale in the current market conditions, aiming to find a buyer for the significant estate.