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.

Detail	Information
Owner	50 Cent
Previous Owner	Mike Tyson
Original Purchase Price	$4.1 million
Original Listing Price	$18.5 million
Final Sale Price	$2.9 million
Location	Connecticut
Bedrooms	19
Bathrooms	25