Ozzy and Sharon Osbourne To Sell Malibu Beach House
Wednesday April 27, 2011
OZZY and Sharon Osbourne have put their Malibu beach house up for sale for $10 million.
The married couple — who were recently presented with an unpaid $1.7 million tax bill by the Internal Revenue Service (IRS) which they have now paid –have decided they no longer want the luxurious five-bedroom house and have put it on the market.
As well as multiple bedrooms, the 4,500 square-foot property also boasts five bathrooms, a study, large living room, two balconies which provide panoramic ocean views and is situated directly on the beach within a gated community.
Rocker Ozzy and The Talk presenter Sharon rented out the California home for $40,000-a-month in 2010.
Earlier this month, Sharon admitted she blamed herself for the $1.7 million tax bill.
The 58-year-old star — who owed $718,948.25 for the 2008 tax year and $1,024,175.03 for 2009 — accepts she spent too much time focusing on herself rather than concentrating on her household finances.
“I’m to blame. Even though [the accountant] is paid to do a job, the buck stops with me. I was too involved with myself. I cancelled two meetings with him over the last 18 months because I was way too busy. The bottom line is it stops with me,” she said.
“The last couple of years, I have really been concentrating on myself – because I think I love myself a little bit too much – and not taking care of business.”
Continue reading here: Ozzy and Sharon Osbourne To Sell Malibu Beach House