Bruce Springsteen Sells Home at $150,000 Loss

Bruce Springsteen And The E Street Band Perform At Madison Square Garden
Bruce Springsteen performs onstage at Madison Square Garden on November 7, 2009 in New York City. (Getty Images)more pics »It's a tough market for home-sellers, and even the celebs aren't immune. Sixty-year-old rocker Bruce Springsteen had advertised one of his lavish mansions in Wellington, Florida -- which boasted five bedrooms and six bathrooms -- for sale at $3.95 million, but sold it for a million less.

Springsteen and his wife Patti (Photo Agency)
He bought the 7,862 square-foot property in April 2008 with his wife Patti Scialfa for $3.1 million and finally sold it for $2.95 million -- $150,000 less than they the original purchase price.

Despite the financial loss, Bruce isn't expected to miss the house too much. Shortly after moving into building, he and his wife bought the property next door on the Equestrian Club Estate for $4.6 million, and the couple have always preferred to stay there. Both properties have outdoor swimming pools and overlook a large pond.

It is believed the musician has sold the property to billionaire couple Daniel Podell Crown and his wife Ellen.

As well as their remaining Florida home, Bruce and Patti also own a horse farm in New Jersey.

More pictures of Bruce Springsteen (click any photo):
  • Bruce Springsteen in Bruce Springsteen And The E Street Band Perform At Madison Square Garden
  • Bruce Springsteen in Bruce Springsteen And The E Street Band Perform At Madison Square Garden
  • Bruce Springsteen in Bruce Springsteen And The E Street Band Perform At Madison Square Garden
  • Bruce Springsteen in Bruce Springsteen And The E Street Band Perform At Madison Square Garden
  • Bruce Springsteen in Bruce Springsteen And The E Street Band Perform At Madison Square Garden
  • Bruce Springsteen in Bruce Springsteen And The E Street Band Perform At Madison Square Garden
  • Bruce Springsteen in Bruce Springsteen And The E Street Band Perform At Madison Square Garden
  • Bruce Springsteen in Bruce Springsteen And The E Street Band Perform At Madison Square Garden
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