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Fresh Prince Mansion Price Slashed!

Summary

  • Bel Air mansion from 'Fresh Prince' relisted with significant price cut.
  • The historic home may be demolished due to extensive renovation needs.
  • Property boasts celebrity neighbors and past film/TV appearances.

The beloved mansion from 'The Fresh Prince of Bel-Air,' once home to Will Smith's fictional relatives, has reappeared on the real estate market. Initially listed earlier this year for $30 million, the property's price has been significantly reduced by 25%, now asking $22.95 million. Potential buyers are weighing the considerable cost of revitalizing the nearly century-old Colonial Revival estate against the option of building anew.

While the home, with its six bedrooms and seven bathrooms, retains its classic charm including a columned portico and spacious interiors, it is described as not being in move-in shape. This suggests a substantial investment would be required to restore it. The property is situated in a prestigious Los Angeles neighborhood, boasting famous neighbors such as LeBron James and Harrison Ford.

Beyond its sitcom fame, the estate has also served as a filming location for the Hulu/FX series 'The Shards.' The property's listing highlights its prime location and the potential to develop a large, multi-structure estate compound, acknowledging the significant work needed for any restoration or redevelopment.

Owned for nearly 50 years by Farhad Rahban, the home holds a unique place in pop culture history. The series, which aired from 1990 to 1996, launched Will Smith's career, and the mansion's exterior became instantly recognizable to millions of viewers worldwide.

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Property Code: 5571