Britney Slashes Price on Malibu Mansion

Posted Apr 5th 2007 3:08PM by TMZ Staff

Sources tell TMZ that Britney Spears and Kevin Federline are so desperate to finish their financial ties, that they've slashed more than one million dollars off the asking price of their Malibu mansion.

The 9,200-square foot Serra Retreat abode -- complete with seven bedrooms, a dance/workout room and a recording studio -- originally hit the market with a bouncy $13.5 million price tag, but last week the asking price suddenly dropped to a mere $11.999 mil. The listing appears on the Coldwell Banker website, but without mention of Spears.

Reports say that Brit and the Fed-Ex will split the proceeds -- but even at the reduced price, there have been no offers. Perhaps their realtor should talk to Conan O'Brien.

Filed under: Britney Spears, Celebrity Pay Dirt

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1. MAYBE GOING FOR BROKE....

Posted at 3:18PM on Apr 5th 2007 by the other Brittany

2. Good..................thats $500.000 less for K-fed!

Posted at 3:19PM on Apr 5th 2007 by Team Britney - Formally BritChick!!

3. It's probably infected with a whole bucha nasty STDs

Posted at 3:22PM on Apr 5th 2007 by Clay

4. She should sell it for a dollar. She doesn't need the money. Kevin gets half of that. I laugh.

Posted at 3:25PM on Apr 5th 2007 by booy

5. .....................Disinfect EVERYTHING!!!!!...........................

Posted at 3:29PM on Apr 5th 2007 by Old Dog

6. Britney, Riverside is calling your name.

Posted at 3:38PM on Apr 5th 2007 by imakemistakes

7. last nite i heard that k fed got more than 1 million in the divorce settlement. did anyone else hear this?

Posted at 3:41PM on Apr 5th 2007 by cleveland1

8. Still asking too much for what the house represented. Kevin is better off.

Posted at 3:42PM on Apr 5th 2007 by no fan

9. ......................Oh Yes! I bought the Appalachian Plantation, Oh, The has
been SLUTS house!!! Yes, Britney Federline's..................

Posted at 3:48PM on Apr 5th 2007 by inbred

10. Yes, its reported on www.intouchweekly.com that Kevin will get nearly $17 mil by the time its all said & done.

Posted at 4:08PM on Apr 5th 2007 by Marla

11. Nice to know the real estate slowdown that has hit nearly all of American households makes it impact felt to the Hollyweirdos too. Come On Brit, that thing aint worth anywhere near 11.9m. Good Luck and hope some stalker who has a big stash buys it up cause, well, nothings moving too quickly right now for any of us honey.

Posted at 4:10PM on Apr 5th 2007 by Landowner

12. If Britney donates her home to a children's hospital for out of town parents of children who need hospital care in the area she will receive a tax benefit.
Some of those places are Ronald McDonald Homes. Paul Neuman has camps for sick children. Maybe St Judes or Make a Wish could use the place. The neighbors cannot really complain as it's not as if it would be a battered womens' safe house with felons driving around looking for their poor wives and girlfriends they have abused.
Kevin should not complain as he is pretty much set up for life or at least until the youngest child is 18.

Posted at 4:12PM on Apr 5th 2007 by Gloria Picchetti

13. ......Next step will be, Britney will hire this Lin Wood guy to help her sue the tabloids, and news media, and who ever else says a bad thing about her....Boo Hoo!!!! SKANK!!!

Posted at 4:22PM on Apr 5th 2007 by HerThoughtsWon'tBeHerOwn

14. #18 shut your racist piehole you jerk.

Posted at 4:29PM on Apr 5th 2007 by Gatorgirl

15. I will be watching for it on ebay!

Posted at 4:31PM on Apr 5th 2007 by Voyeur #1

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