Rock Star's Beach Home Price Cut Again — Now $7.99M

Red Hot Chili Peppers bassist Flea relisted his Malibu beachfront home for $7.99 million on August 5, 2026, per Realtor.com. He's cut the price five times since February 2022 — from $9.8M down to $7.99M, a drop of about 18.5%. The lesson: even famous, gated neighborhoods struggle to find a price buyers will actually pay.