After a long and arduous 12-year journey, rapper 50 Cent has finally managed to sell his sprawling Connecticut mansion at a staggering 84% discount. The Wall Street Journal reported on Monday that the sale was brokered by Jennifer Leahy of Douglas Elliman, with the property ultimately fetching a price of $2.9 million.

The 52-room mansion, located at 50 Poplar Hill Drive in Farmington, had initially been listed for an impressive $18.5 million. However, despite its grandeur and luxurious amenities, it failed to attract a buyer at the desired price point. The substantial discount serves as a reminder of the challenging real estate market dynamics that can affect even the most affluent individuals.

Curtis James Jackson III, known professionally as 50 Cent, originally acquired the property in 2003 from former professional boxer Mike Tyson. The purchase price at the time was $4.1 million, setting a record for the most expensive home sold in Farmington. However, 50 Cent’s decision to sell the mansion would prove to be a lengthy and arduous endeavor.

The mansion itself spans an impressive 50,000 square feet and boasts 52 rooms, offering a vast array of opulent features. From multiple bedrooms and bathrooms to a grand ballroom, a home theater, and an indoor pool, the property exudes luxury in every corner. It also includes a helipad, a gym, a recording studio, and a nightclub, making it a veritable haven for entertainment and relaxation.

Despite its impressive features and noteworthy history, the property struggled to find a buyer willing to meet the initial asking price. Over the years, it underwent several price reductions, finally reaching the heavily discounted $2.9 million mark that enticed a buyer to seal the deal.

The sale of 50 Cent’s mansion at such a significant markdown underscores the unpredictable nature of the luxury real estate market. While high-profile homes often attract attention and curiosity, their ultimate value is determined by factors such as location, market trends, and the willingness of prospective buyers to meet the asking price.

With the sale now complete, 50 Cent can move on from his Connecticut estate and focus on other endeavors. The mansion’s new owner, on the other hand, can look forward to enjoying a lavish lifestyle within the grandeur of the property’s expansive halls and luxurious amenities.

While the sale represents a substantial financial loss for 50 Cent, it serves as a reminder that even the most lavish properties are subject to market forces. The mansion’s new chapter begins, and its discounted price may attract newfound interest and opportunity for the fortunate buyer who can now call this grand estate their own.