The Los Angeles estate long shared by rock and roll royalty Ozzy and Sharon Osbourne has returned to the local real estate market with another significant price reduction, trimming another million dollars off its asking price just six months after its previous appearance.
The sprawling Mediterranean Revival-style mansion in the historic Hancock Park neighborhood was originally put on the market four years ago when the legendary couple first planned their permanent relocation back to England. At the time, the rock icons sought an ambitious $18 million for the prestigious property. However, when a qualified buyer failed to materialize in a shifting luxury market, the listing was discounted and eventually shelved.
The estate resurfaced nine months after the passing of the legendary Black Sabbath frontman, initially listed at $17 million. This latest price reduction brings the grand total asking price down to $16 million as Sharon Osbourne continues to manage the couple’s extensive real estate portfolio while splitting her time between Los Angeles and the United Kingdom.
Sharon is currently represented by Jonah Wilson and Josh Greer of Carolwood Estates, who hold the co-listing for the high-profile property. The couple originally acquired the residence in 2015 for $11.9 million, subsequently infusing the historic structure with their signature style and unique blend of classic rock glamour.
Steeped in rich Hollywood history, the 1929 residence was originally designed and built by architect A.K. Kellogg. Over the decades, the estate has played host to various notable figures, once serving as the home of radio star Frank Bresee and his wife, former Playboy bunny Bobbie Bresee. In more years preceding the Osbournes’ ownership, the property underwent an extensive, meticulous restoration and modernization project spearheaded by its prior owners, Saw producer Oren Koules and his wife, former Top Chef Canada judge Shereen Arazm.
Hidden away behind imposing security gates and mature landscaping on just over half an acre of prime Los Angeles real estate, the creamy stucco and terracotta-roofed structure commands attention. The expansive main residence spans roughly 11,500 square feet across three distinct levels, all conveniently linked by a private elevator. In total, the primary house boasts seven bedrooms and eight bathrooms, while a separate, detached three-car garage is topped by a fully self-contained, two-bedroom guest apartment complete with its own private kitchen.
Visitors approaching the home are greeted by a stately portico entryway that opens into a grand, two-story foyer. This central gathering space showcases gleaming herringbone hardwood floors, a sweeping curved staircase that leads to the upper levels, and an ornate, hand-painted ceiling crowned by a glittering gold chandelier. Additional main-floor highlights include an expansive and formal living room anchored by a historic stone fireplace, a formal dining room designed for large-scale entertaining, and a sophisticated, wood-paneled study offering a quiet retreat. A comfortable family room connects seamlessly to a bright, airy kitchen that features unique design elements, including a distinctive pastel-pink breakfast banquette.
Accommodations on the top floor include five spacious en suite bedrooms, headlined by a lavish primary retreat designed as a private sanctuary. This master wing is outfitted with dual walk-in closets and two separate luxury bathrooms, offering ample space and privacy.
Entertainment and leisure options abound on the home’s lower level. Among its most striking interior features is a screening room bathed entirely in rich crimson velvet. Adding a touch of music history, the theater boasts a custom fireplace hood bearing signatures collected over the years from iconic entertainment figures, including Elvis Presley and legendary performer Rita Moreno.
Outdoors, the resort-style backyard offers a private oasis for relaxation and hosting guests. The grounds feature a mosaic-tiled swimming pool and spa equipped with a shallow sun shelf, alongside a fully equipped outdoor kitchen featuring a built-in pizza oven and a professional barbecue setup.
The latest price drop follows a series of real estate moves by Sharon Osbourne as she restructures her life following Ozzy’s death. Earlier this year, Sharon parted ways with her tenth-floor unit at West Hollywood’s prestigious Sierra Towers high-rise, which successfully sold for $2.1 million in April.
While she maintains a presence in Southern California to stay close to her children and grandchildren—with reports indicating she is currently searching for a downsized apartment in the area for her local visits—Sharon spends the majority of her time at Welders House, the family’s longtime country estate in the English countryside, where Ozzy is buried.
