March 14, 2013 4:11 PM
Katy Perry is shooting for the stars with her newly listed Hollywood Hills home, but it looks like she's willing to settle for the moon as far as her final selling price.
Despite TMZ's report that Katy has listed the 8,835-square-foot pad she once shared with ex-husband Russell Brand for "way less than purchase price," she's actually had on the market for a while, and for $2 million MORE than what she paid for it in 2011.
No one's biting on the $8.49 million asking price, so according to TMZ it's been lowered to $8 million and she has agreed to put the house in the MLS in 2 weeks, and then "she'll reduce the asking price to the mid 7s" but the website reports that "she'll definitely sell it if someone offers in the high 6s." At least it looks like they got that part of their story right! You see, the house was listed for $7.995 million in 2011, but that was not the final purchase price, which would explain why Katy is fine with selling the home for something in the $6 million range.
Anyway, the Mediterranean-style abode was built in 1925, and it has 7 bedrooms and 9 bathrooms, along with a sparkling pool, a huge kitchen and stunning views of the city. According to the listing site, it is an "impressive and very private compound above the Sunset Strip" and it sits on 2.98 acres of land.
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