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Larry Grant
Larry Grant
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Richard Simmons' Hollywood Hills Mansion Finally Sells After Wild Price Plunge

After nearly a year of fits, false starts, and dramatic price cuts, Richard Simmons’ beloved Hollywood Hills estate has finally found its forever home. The 4-bedroom, 5-bathroom mansion—perched above the Sunset Strip where the late fitness icon lived for decades—went under contract on May 11, 2026 for $5.799 million.

 

That number tells a story all by itself. When the property first hit the market last June, sellers were asking around $7 million. But the real estate gods weren’t cooperating. A previous buyer backed out of escrow in December, forcing the price down to $5.889 million. Then another deal fell apart, leading to the latest relisting just weeks ago at the current $5.799 million asking price. It’s a brutal reminder that even trophy properties in the entertainment capital can’t guarantee a smooth sale—celebrity pedigree only gets you so far when the market says otherwise.

Still, this isn’t a fire-sale nightmare. The place is legitimately stunning: gated motor court, sparkling swimming pool, formal entryway that screams old-school Hollywood glamour. Rachelle Rosten and Kelly deLaat of Douglas Elliman brought the property home, steadying the ship after a rough voyage.

Richard Simmons passed away in 2024, and his estate has been gradually settling over the past couple years. This sale marks a significant moment in that process—the physical anchor of his decades-long Los Angeles life, now moving on to its next chapter. For the new owners, they’re not just buying square footage and amenities; they’re inheriting a piece of television and fitness history, wrapped up in prime real estate with a view that never gets old.

The deal still needs final approval, but it’s a relief all around. Sometimes it just takes time, patience, and adjusting expectations to find the right fit.

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