Home Entertainment CELINE DION Slashes $30 MILLION Off Jupiter Island Home Price – Wants...

CELINE DION Slashes $30 MILLION Off Jupiter Island Home Price – Wants to Move On After Husband Rene Angelil’s Death!

Celine Dion’s house was used as collateral for a $35 million-loan (MLS Photo)
Celine Dion’s house was used as collateral for a $35 million-loan (MLS Photo)

JUPITER ISLAND — Canadian diva Celine Dion is now motivated like never before to sell her beachside Jupiter Island home along with its memories of raising her children with recently-deceased husband Rene Angelil.

The new price is $45.5 million!

That’s nearly $30 MILLION LOWER than when the singer of Titanic‘s My Heart Will Go On and Angelil first listed the 6-acre property for a whopping $72.5 million in August 2013.

Celine Dion and husband Rene Angelil in Paris in 2013 (Splash News photo)
Celine Dion and husband Rene Angelil in Paris in 2013 (Splash News photo)

“This is where Celine had the twins with Rene, and where she raised their oldest boy,” a source close to Dion said, “so she can’t bear living in there again.

“She’s super-motivated to let it go. She might buy something else here, though.”

The property and its private water park failed to generate enough interest from a narrow market of ultra-loaded buyers for the past two years, despite being featured on Oprah Winfrey‘s old syndicated TV show.

But a week after Angelil’s death from cancer Jan. 14, the young widow asked the local firm of Fenton Lang & Bruner to give it a try.

“We believe it’s appropriately priced at $45.5 million,” said Adrian Reed, the listing agent. “There might be a half dozen potential buyers in the world for this property, so it’s hard to gauge its value.

“But how the market perceives the value is often different from how the seller who built the house values it.

“However, I cant tell you that those who visited it recently all tell us that it’s much more family-oriented than they thought it would be.”

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By Jose Lambiet, GossipExtra.com,  SouthFloridaReporter.com, Feb. 13, 2016 

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2 COMMENTS

    • I read her husband took out a $36 million mortgage on this & several of their other properties. That’s one way to get rid of property that won’t sell as the note is due in 2019. If you don’t pay the note, the bank take the properties. NICE.