The price tag on Richard Simmons’ luxurious Los Angeles mansion has been slashed just five months after it first appeared on the market.

Initially listed for $6,999,999 in June, property records obtained by TMZ reveal that the estate’s asking price was reduced by $410,000 this past Saturday. The current listing price now stands at $5,889,999.

Nestled in the Hollywood Hills above the iconic Sunset Strip, this gated colonial-style residence features four bedrooms and five bathrooms, alongside a host of impressive amenities.

According to the listing managed by John A. Lucy of Keller Williams Hollywood Hills, the property, which now shows a price of $6,500,000, was constructed in 1937. It boasts a maid’s suite, a pool with an accompanying pool house, a renovated kitchen, a music room, and a terraced side yard.

The famously private fitness icon shared this home with his close friend and house manager, Teresa Reveles. Simmons retreated from the public eye in 2014, causing concern among his dedicated fan base.

The beloved fitness legend passed away at his residence last year, just a day after celebrating his 76th birthday.

Richard Simmons’ palatial mansion located above the legendary Sunset Strip has undergone a price reduction just five months after it was put on the market; pictured 2013

Simmons was found unresponsive in his home by Reveles on July 13, 2024 – just one day after celebrating his 76th birthday. 

A cause of death was revealed back in August 2024, with the Los Angeles Coroner’s office informing Simmons’ brother Lenny that the death had been ‘accidental due to complications from recent falls and heart disease as a contributing factor.’

‘The toxicology report was negative other than medication Richard had been prescribed,’ family spokesperson Tom Estey told People. ‘The Family wishes to thank everyone for their outpouring of love and support during this time of great loss.’

Lenny had previously told People that he didn’t want ‘people to be sad about my brother,’ but rather to ‘remember him for the genuine joy and love he brought to people’s lives.’

‘He truly cared about people. He called, wrote and emailed thousands of people throughout his career to offer help,’ Lenny said.

Simmons had fallen in the bathroom of his home on Friday, July 12 – which marked his 76th birthday – and Reveles had attempted to persuade him to seek immediate medical help, but he declined because it was his birthday, TMZ previously reported.

Simmons said he didn’t want to go anywhere, informing her that he might go on July 13. Reveles helped him safely get back to his bedroom, where she found him unresponsive the following morning on the floor at around 10 a.m., according to the outlet. He was later pronounced dead on the scene.

‘When I saw him, he looked peaceful,’ she told People in July 2024 of finding Simmons.

Simmons opened exercise studios and starred in exercise videos, including the wildly successful ‘Sweatin’ to the Oldies’ line, which became a cultural phenomenon; pictured 1992

She noted his hands were balled into fists, prompting her to believe he died of a heart attack. ‘That’s why I know it was a heart attack. I had a heart attack a few years ago, and my hands did the same.’

Simmons was a legendary fitness guru who grew up in the French quarter of New Orleans before settling in California. 

He weighed 268 pounds when he graduated from high school, his website said.

His own story of struggling with weight loss, where he tried everything from fad diets to laxatives before settling on exercise and better lifestyle choices, inspired millions to do the same.

Simmons became a master of many media forms, sharing his hard-won weight-loss tips as host of the Emmy-winning daytime ‘Richard Simmons Show’ and author of best-selling books and the diet plan Deal-A-Meal.

Simmons was found in his home by his longtime housekeeper on July 13, 2024 – just one day after celebrating his 76th birthday; pictured 2013

He also opened exercise studios and starred in exercise videos, including the wildly successful ‘Sweatin’ to the Oldies’ line, which became a cultural phenomenon.

Simmons’ daytime show was seen on 200 stations in America, as well as in Australia, New Zealand, the Philippines, Japan and South America. His first book, ‘Never Say Diet’, was a smash best-seller.

He was known to counsel the severely obese, including Rosalie Bradford, who held records for being the world’s heaviest woman, and Michael Hebranko, who credited Simmons for helping him lose 700 pounds.

After winning a legion of fans with his infectious enthusiasm and positivity, Simmons stepped away from the limelight in 2014.

TMZ founder Harvey Levin later said the fitness icon doesn’t spend all his time at his home.

‘We found out he likes going to the beach, he’ll go shopping, he’ll just go out and get air,’ he told Good Day in 2022.

In 2022, Simmons’ spokesperson Tom Estey provided a statement to the New York Post saying that he was ‘happy, healthy and living the life he has chosen to live.’

The Hollywood icon pictured on the Late Show with David Letterman in 2000