Simmons sells 13,000 square feet of property, nearly a year after listing it for $ 25 million
Glam rock legend Gene Simmons sold his sprawling Benedict Canyon mansion nearly a year after listing it, and for considerably less than he was asking for most.
Kiss co-founder and wife Shannon Tweed sold the custom-built property for $ 16 million, according to the Los Angeles Times.
The couple bought the two-acre property at 2650 Benedict Canyon Drive in 1986 for $ 1.3 million, according to the report. They demolished a relatively small house there and built a 13,400 square foot mansion. Simmons estimates that they have invested around $ 12 million in the property.
Simmons listed the property last October for $ 22 million, but the listing has expired without a sale. It reappeared on the market in March for $ 25 million. By mid-May, the price had fallen to $ 20 million.
Last fall, Simmons said he and Tweed were fed up with the “unacceptable” taxes in Beverly Hills and were scrambling to a 24-acre estate in Washington. Most recently, he said the couple were leaving LA “for a quieter way of life” and moving to Lake Tahoe.
The Benedict Canyon home has seven bedrooms and eight bathrooms. There is also a tennis court and a swimming pool.
Simmons filled at least two rooms of Kiss memorabilia – with everything from guitars to pinball machines to condoms – but remodeled those rooms when the property was listed, according to the report.
“A family wants to move into a house, not a Kiss museum,” he said.