OZZY And SHARON OSBOURNE Sell Malibu Home

According to the Los Angeles Times, Ozzy Osbourne and his wife/manager Sharon have sold their oceanfront house in Malibu, California for $7.925 million. Listed at $10 million last year, the price had been reduced to $8.795 million.

Located on La Costa Beach, the home — which has been on the market since 2006 — was originally listed for $14 million.

The Osbournes originally bought the 4,500-square-foot home for $5.1 million in March 2003, and had reportedly been renting it over the years while holing up primarily in the Hidden Hills, California, home they bought in 2007.

(Thanks: Carl Alvarez)