Madonna To Sell Historic English Manor

by Deidre Woollard (RSS feed)
May 7th 2008 at 6:01PM

Madonna recently bought some more space in her New York City co-op building and now it looks like she's set to divest herself of some real estate. The Sun reports that Madonna is looking to sell Ashcombe, her English country house in Wiltshire. She and Guy Ritchie bought the home in 2001 for £9 million and are now hoping to put it on the market for £12 million. The eight-bedroom home is listed as a Grade II structure by English Heritage. It was originally part of a larger building and was restored in the 1930s and 1940s by the photographer Cecil Beaton. Madonna and Guy are reportedly selling because they do not spend enough time at the estate especially since Madonna has been recording and touring again. We wish them luck, this is certainly not the best time to be selling England's housing slump is starting to rival the problem we have had in the States.

[Thanks, Lana]

Tags: ashcombe, cecil beaton, celebrity real estate, CelebrityRealEstate, england, madonna, real estate, RealEstate