Jessica Simpson Slashes Home Price by $700 000

Jessica Simpson slashes her home price by $700, 000, an amount which could already buy a mansion!

It is bachelorette-era home she purchased for $5.275 million located at 9555 Lime Orchard Road, Beverly Hills, CA 90210 on the course of her divorce with singer Nick Lachey.

It was a 5,500 square foot custom built in the early ‘90’s by L.A. designer Kerry Joyce which features a dining room, a breakfast room, family room, drawing room, music room, study room, library, a dressing room, gym, pool and a heated spa.

The five-bedroom, five-and-a-half bathroom property originally sells at $7.995 million. However, after failing to attract a buyer, Jessica lowered down the price.

Jessica, a mother of 15-month old Maxwell and two-month old Ace Knute with fiancé Eric Johnson is now staying at their $13 million Hidden Hills estate formerly owned by Sharon and Ozzy Osbourne.

The 11,000-square-foot home has six bedrooms, 10 bathrooms, an enormous master bedroom, nursery bedroom for Maxwell, family and media room, gourmet kitchen and high ceilings. It also features an alluring garden, a gated courtyard with a koi pond.

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Jessica Simpson Slashes Home Price by $700 000