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Rod Stewart, the legendary singer, has recently put his Los Angeles home up for sale with an asking price of $70 million. However, one unique aspect of the property that will not be included in the sale is his elaborate model train set, which has been a cherished possession for Stewart. The decision to sell his LA home is motivated by several factors, including a desire to protect his legacy and manage his affairs more effectively.
Stewart, now 78 years old, continues to exude the energy and enthusiasm of someone half his age. Despite his enduring passion for performing, he recognizes the importance of planning for the future when he may no longer be able to tour extensively. Alongside his music career, he has been actively involved in philanthropy and even fills potholes near his UK residence.
In recent news, Stewart shared the joy of becoming a grandfather, posting the first images of his two infant grandchildren. However, he has also experienced significant loss, with the passing of several loved ones, including two of his brothers and his close friend, guitarist Jeff Beck.
While his LA home, spanning 33,000 square feet and featuring luxurious amenities like a spa and soccer field, could be considered one of his primary residences, Stewart and his third wife, Penny Lancaster, along with their two sons, have been living in the UK since 2016. They currently reside in a $5 million home in Essex, near London. Due to the limited use of their Los Angeles property over the years, the decision to sell was made.
The centerpiece of Stewart’s LA home, the impressive 100-foot model railroad that he meticulously built over a span of 25 years, will not be part of the sale. Before putting the property on the market, Stewart dismantled the railway and had it shipped to England, signaling his commitment to moving on from his LA lifestyle.
Apart from his real estate endeavors, Stewart recently launched his own whisky line, inspired by his mischievous past and the excitement he still finds in life. While he considers selling his music catalog, he has yet to find a buyer who meets his satisfaction.
Throughout his life, Stewart has been dedicated to his family, and he takes great pride in his children’s accomplishments. Despite past difficulties, they have come together as a close-knit blended family. With eight children in total, including two grandchildren, Stewart ensures their well-being and plans for their future.
As he enters a new chapter of his life, Stewart aims to leave behind a lasting legacy. While he continues to captivate audiences with his music, he also recognizes the importance of securing his financial future and making careful decisions regarding his assets. By selling his LA home and exploring other opportunities, Stewart aims to protect his legacy while embracing new endeavors and experiences.
The singer from London has returned to the UK along with his third spouse Penny Lancaster and their two sons in 2016, where he is living in a home worth $5 million located in Essex close to London.
Stewart as well as his entire family been unable to use their Los Angeles house as a permanent residence for a few decades, resulting in the choice to sell.Ryan LahiffThe rocker and wife have decided to make this home located in Essex close to London the city of London, their home for life. Their two children are at school nearby.FameFlynet.uk.com / SplashNews.com
The most clear sign that the fact that he was moving out of LA to go on his own was the time the cost of shipping the massive model of 124 feet long railroad. He is opposed to the concept of a train set as it portrays the scene of an American city during the 1940s, inspired by Manhattan and his home in Essex residence.
The model, which measures 100 feet long and a 23-foot wife has been the pride and joy of his life and was built in more than a quarter century, while traveling.
The musician, who purchased his LA mansion at $12.8million will also earn a healthy amount of money by selling it. This will ensure that he has financial security, not just for the last few years of his life as well as for his eight children. The singer will keep the house he bought in Palm Beach home, where families often gather for Christmas.
In the last few months Rod suffered the loss of two dear older brothers Bob, who was 88, and Don at 94. They passed away in rapid in quick succession.
Stewart and his third spouse Penny Lancaster are regulars on the London social scene. They have been to an evening performance of the Queen Musical “We Will Rock You” on Wednesday.
In describing his siblings’ loss in the form of “irreplaceable buddies,” Rod with two sisters whose names are Peggy and Mary He said that he felt devastated that he lost “two of my best mates in the space of two months.”
Then, earlier in the year Rod’s great-friend, the guitar player Jeff Beck – who gave Rod’s career an influx of energydied due to bacterial meningitis at the age of 78.
In a post on Instagram the star of sorrow said: “Jeff, you were the best, my friend. Thank you so much for every thing.”
“Rod is incredible for a man his age and still has boundless energy but he’s always been canny so it’s no surprise that he’s thinking about what happens when he can no longer perform,” According to an UK person who is close to the artist.
