50 Cent's Mansion Sells After 12 Years At A Steep Discount: What You Need To Know

It took 12 years and a total price cut of 84 percent, but 50 Cent's massive 52-room mansion in Connecticut has finally found a buyer. This extravagant property, once listed at an astonishing $18.5 million, was sold for just $2.9 million according to The Wall Street Journal. The tale of this mansion is not just about its price or size; it's a fascinating journey through the world of real estate, celebrity ownership, and the complexities involved in selling high-end homes.

Originally purchased in 2003 from boxing legend Mike Tyson for $4.1 million, 50 Cent's property was a record setter at the time. However, when he decided to sell it in 2007, he set the asking price at an eye-watering $18.5 million. Over the years, the price saw several reductions, with various plans for the property including a potential retirement home. The journey to its final sale price of $2.9 million reflects the challenges of selling a property that is significantly larger than the market norm.

The mansion itself is nothing short of impressive. With 19 bedrooms, 25 bathrooms, and luxurious features such as a swimming pool, hot tub, game rooms, and even a private nightclub, it is designed for opulence. Yet, despite these amenities, the property struggled to find a buyer, highlighting how sometimes, size can be a hindrance in real estate. Jonathan Miller, a nationally recognized realtor, noted that the mansion's size, approximately 80 miles north of Greenwich, Connecticut, likely contributed to the prolonged selling process.