Pink Floyd legend David Gilmour's £10million seafront mansion has price slashed again
The asking price for Pink Floyd David Gilmour 's £10million seafront mansion has been slashed again.
The legendary guitarist and singer-songwriter purchased Medina House, a converted women's public baths overlooking the sea, back in 2011.
Situated on King's Esplanade in Hove, the custom-built seafront mansion was designed by award-winning architect Keb Gavarito-Bruhn.
Gilmour and his wife Polly Samson moved in after construction was completed in 2020.
However the house was put on sale just two years later and has remained on the market for the past three years.
When it first went on the market in 2022, the house was listed at an asking price of £15 million.
Then, after being on sale for more than a year, the price was cut to £10 million in 2023.
Even this reduction was not enough to prompt a sale, and the price has now been reduced for a third time as the Pink Floyd frontman struggles to sell up.
The house is now listed by estate agents Pereds for a guide price of £8,950,000, a further reduction of more than £1 million from the previous price.
Gilmour's efforts to offload Medina House were further complicated after it was revealed in 2024 that, due to a legal oversight, he did not in fact own the property.
Gilmour originally purchased the premises through his company Hoveco Ltd, of which he was the only director.
However, when Hoveco Ltd was dissolved, an administrative error bizarrely meant that ownership was not transferred to Gilmour, but to the Crown instead.
Unless assets of a business are transferred before a company is dissolved, the assets are automatically transferred to the Crown.
As a result, Gilmour was forced to take legal action in order to attempt to reclaim legal ownership of the property.
It was the latest twist in the property saga which was fraught with problems from the very beginning.
The original property was a Turkish baths known as Medina Baths, built in Victorian times, but after the bath, and its men-only neighbour became disused, they were occupied by squatters, and the building was demolished after two fires.
Gilmour and Samson, 61, endured howls of protest from neighbours when they applied to convert the bathhouses into a mega mansion family home.
Angry neighbours complained that the light to their own properties would be reduced because the new building was higher than its predecessor - something the architects wanted for flood protection and privacy.
Gilmour, who has an estimated fortune of £140million, and Samson were condemned, with their plans called 'appalling and disrespectful' and opponents scathingly nicknamed the project 'Polly's Folly'.
But Brighton & Hove Planning officer Liz Arnold said while some residents would receive less light, this was outweighed by the benefits to the conservation area in bringing a derelict site back into use, and the plans were approved in 2017 - by a single vote.
The bathhouse was demolished the following year, and architect Keb Garavito Bruhn was brought in to design the new residence.
His creation took inspiration from the older building, mimicking its gable, as well as the half-moon shaped window at the top. Ceramic tiles that were originally part of one of the pools were retained.
Many residents began to change their mind about the house once it was constructed and admitted that an eyesore had been transformed.
Gilmour's haven is not far from Hove's so-called 'Millionaire's Row' at the end of Western Esplanade, which has welcomed a range of A-listers over the years, including Adele, David Walliams and Fatboy Slim.
Nicknamed 'Polly's Folly', the couple only bought the property in 2015 and launched a lavish rebuild of the former Victorian Turkish bathhouse
Pereds describe Medina House as a 'unique contemporary seafront home'.
The six-bedroom home contains a library, gym, music room, and sauna, with a private enclosed garden and amazing views over the sea.
Gilmour and wife Samson previously said: 'The main bedroom, with sea views in all directions, is a beautiful place from which to watch the sunrise and sunset across the sea.
'At night, it's intoxicating to watch from bed the moon reflected in the water.
'When you wake up in the morning, the view is always a surprise: the sea and sky are never the same.
'It's a huge advantage not to have a busy road and traffic between us and the sea.
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