It turns out that Elvis never did set foot in Zsa Zsa Gabor’s home. Maybe that’s what helped lead to a king-size price reduction.

The mansion was first listed on the Bel Air real estate market for $15 million but recently had a significant $2.1 million price cut. The opulent home now lists for $12.9 million — not bad for a house that Zsa Zsa has long claimed was once owned by Elvis and Howard Hughes.

According to a story in the LA Weekly, where the granddaughter of the first owners charged Zsa Zsa with telling “tall tales,” the house was leased by reclusive millionaire Hughes for most of the 1960s, but Elvis never set foot inside. Another clarification: Zsa Zsa did not purchase the home from Hughes, but from a couple who built the home in 1955. Zsa Zsa seems to have gotten a bargain, paying $250,000 and not the $600,000 previous claimed.

Despite the confusion over who did or did not live in the Regency-style mansion, it’s been the home of the blonde starlet since the mid-1970s.

For months, Zsa Zsa Gabor’s home has been rumored to be for sale. In January, Frederic Prinz von Anhalt gave a tour to the LA Weekly, noting that he was forced to sell the home to pay for Gabor’s increasing medical bills.

I just want to settle my wife’s debts and keep her comfortable,” von Anhalt said.

Gabor has been hospitalized on and off the past several years due to mucus in her lungs, liver problems and sporadic fevers. Her leg was amputated in January after an infection from an earlier hip replacement surgery.

The 4-bedroom, 5-bath home is situated in a gated community in exclusive Bel Air. With over 6,393 square feet of living space and over an acre of property, the home is filled with “exquisite French details and moldings throughout the house, high ceilings, tall and glamorous French doors.” The house also features a grand entry, large formal sitting room with antique French fireplace, and formal dining room with views of the city. The landscaped yard includes a pool and patio with additional views of L.A.’s skyline.

Despite the French antiques, the house is in need of some work.

“This home is waiting for you to remodel it,” the property listing says.

Even with a price cut, Zsa Zsa’s pad is pricey. With a 20 percent down payment and 30-year-mortgage, the monthly payment is $54,765 according to Zillow’s mortgage calculator.

The listing is held by Christophe Choo of Christophe Choo Real Estate Group.

About the Author

Erika Riggs, the Zillow Digs manager, covers home design and trends.

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