Kanye West slashes $14 million from asking price of gutted Malibu mansion ... lowering number from $53 million to $39 million

Kanye West has reduced his asking price on a gutted Malibu mansion he’s selling from $53 million to $39 million.

West, 46, changed the asking price earlier this week, TMZ reported Thursday, less than four months after he initially listed the dilapidated property in the luxe oceanfront community.

The Grammy-winning artist, whose career has dipped amid a torrent of anti-Semitic remarks he’s made since the fall of 2022, brought Selling Sunset realtor Jason Oppenheim, 46, into the fold in his effort to sell the home late last year, according to the outlet.

Oppenheim told the outlet that he was optimistic at the chances of selling the distressed property in the high-end area, likening the abode to ‘basically a blank canvas’ for prospective purchasers.

The home, which encompasses more than 4,000 square feet, has four bedrooms and five bathrooms with idyllic views of the Pacific Ocean, but is missing windows, walls and a roof, and does not have electricity, according to TMZ.

Kanye West, 46, has reduced his asking price on a gutted Malibu mansion he’s selling from $53 million to $39 million. Pictured in Milan, Italy in February

The Carnival artist, who bought the home for $57 million in late 2021, was previously unable to remodel it into a ‘bomb shelter’ after getting famed Japanese architect Tadao Ando involved in the remodeling process.

The price reduction is the latest in a number of headaches linked to the home in the upscale Southern California beach town.

West is being sued by the former manager of the remodel project, Tony Saxon, who claims he was fired after he ‘expressed concerns about the extreme danger’ of the project.

In September, sources told TMZ that West wanted to remove the windows and electricity from the home in order to turn it into ‘a bomb shelter from the 1910s.’

In Saxon’s lawsuit, filed in Los Angeles County Superior Court, he states that he was hired for the project in September 2021, and worked 16-hour days on the beach house.

Saxon claims he was sleeping on the floor of the home as he worked as ‘project manager, caretaker and 24/7 security’ for the property.

Saxon alleges that West only paid him for one week of work and ignored all his concerns, until finally he was fired in November 2021, after refusing to remove the home’s windows and electricity.

West proposed moving large generators inside the house, but Saxon was worried about it being a fire hazard.

Saxon said in the suit that West then threatened him and said he would be considered ‘an enemy’ if he did not fulfill Kanye’s vision. When Saxon continued to disagree, West told him to ‘get the hell out,’ according to the suit.

Kanye West waits on a ride at his mansion-in-progress in Malibu

The Carnival artist, who bought the home for $57 million in late 2021, is asking at least $18 million less than what he paid, after gutting the mansion in a troubled renovation attempt

The Grammy-winning artist brought Selling Sunset realtor Jason Oppenheim, 46, into the fold in his effort to sell the home. Oppenheim pictured last year in LA

Saxon also claims West told him, ‘If you don’t do what I say, you’re not going to work for me, I’m not gonna be your friend anymore and you’ll just see me on TV.’

After he told the father-of-four he doesn’t watch TV, he was promptly fired on the spot.

In the lawsuit Saxon said the rapper’s vision for the home was to make something like ‘a bomb shelter from the 1910s’, according to NBC News, and demolish the marble bathrooms, as well as remove the windows, plumbing and electricity.

He also reportedly wanted to replace the stairs with slides.

Saxon is suing West for a number of labor code violations, more than $1 million in unpaid wages, and damages.

‘We were going to be gutting all of that out and sort of building him a Bat Cave,’ Saxon explained, adding the rapper wanted a place he could ‘hide from the Clintons in and the Kardashians in.’

While Saxon believed the home was more of an ‘art project’ he later came to realize West actually wanted to live in it.

He said West ‘wanted no electricity. He only wanted plants. He only wanted candles. He only wanted battery lights. And he just wanted to have everything open and dark.’

Kanye West and wife Bianca Censori match in all white outfits

The home, which encompasses more than 4,000 square feet, has four bedrooms and five bathrooms with idyllic views of the Pacific Ocean

The Grammy-winning artist’s career has dipped amid a torrent of anti-Semitic remarks he’s made since the fall of 2022. Pictured in March in LA

West, who is looking for a buyer for the property, was seen in LA on March 22

The lawsuit was filed by West Coast Employment Lawyers, the same attorneys who sued the musician on behalf of former employees of Kanye’s private Christian school, Donda Academy, over alleged health and safety violations.

In recent photos on the home, the massive floor-to-ceiling windows with views of the ocean have been removed, leaving that side open to all the elements.

The inside of the house appears to be crumbling and the metal railings are rusting after being exposed to the salt air, wind and water.

West purchased his 4,000 square foot oceanfront property in September 2021. It boasts giant windows overlooking the sea. He enlisted in the help of Tadao and brought in top contractors to oversee the extensive remodeling plans.

But by the next summer, renovations halted and the gutted, windowless mansion was left empty. Months later, Ye was dropped by multiple business partners and brands because of his anti-Semitic outbursts.

West’s Malibu neighbors told TMZ his mansion was ‘left to rot’ and that they had not seen ‘seen anyone around for many months.’

The musician had previously been seen at the property checking out the progress last summer, but his empire has since imploded in dramatic fashion after he launched into several anti-Semitic rants, which led to the loss of about $1.6 billion of his net worth and his fall off Forbes’ billionaires list, as per CBS News.

He has several other properties around the country, including a sprawling ranch in Calabasas, Los Angeles, which he bought for an estimated $3 million in 2019.

West also owns another sprawling Wyoming ranch, which he snapped up when he reportedly became ‘obsessed’ with the Midwest state several years ago.