By James McClain Few know better than Rocky Balboa about how the world “ain’t all sunshine and rainbows,” and so the iconic pro boxer — and his occasional alter ego Sylvester Stallone — are being realistic about taking a brutal monetary gut punch on their vacation retreat in the Palm Desert community of La Quinta, Calif., a couple hours by automobile southeast of Los Angeles.
The Mediterranean-esque house is up for sale with a newly improved $3.35 million pricetag. This isn’t the first, second or even third time that Stallone has publicly attempted to unload his white elephant of a desert oasis.
Property records reveal the Hollywood superstar acquired the property almost exactly a decade ago, in early 2010, for $4.5 million.
Read more on variety.com