Less than two years after auctioning off the contents of her Malibu, Calif., mansion, singer Cher has put the Italian Renaissance-style villa on the market for $45 million.

Set on 1.7 acres on a bluff overlooking the Pacific Ocean, the 14,000-square-foot home was featured in Architectural Digest in 2002. It showcased her collection of English Gothic Revival antiques, which she sold at auction in 2006 along with a host of other personal items. She explained at the time that she wanted to redecorate and that the proceeds would go to charity. The décor is now a lighter, more beach-resort style, says the listing agent, Robert Kass, of Hilton & Hyland, an affiliate of Christie's Great Estates.

The three-story house has six bedrooms, seven bathrooms, a theater, a gym and multiple verandas. There's a tennis court, a pool and a guest house. Cher built the house after purchasing the property in 1992.

Cher has bought and sold several homes in recent years. In 2006, she purchased a condo in Los Angeles and that same year sold a bayfront house in Key Biscayne, Fla., for $8.8 million. Since May, the 62-year-old diva has been performing at Caesars Palace in Las Vegas.

Shaq Again Cuts Price In Miami Beach

In Miami Beach, basketball's Shaquille O'Neal has trimmed the asking price for his island mansion again, to $29 million from $32 million.

Mr. O'Neal, who was traded in February to the Phoenix Suns from the Miami Heat, had previously asked as much as $35 million for the 20,000-square-foot house, located on 2.5 acres on a man-made island community called Star Island. Mr. O'Neal, 36 years old, bought the waterfront property for roughly $19 million in 2004, shortly after arriving in Miami from the Los Angeles Lakers.

Built in 1992 by Heat center Rony Seikaly, the house has eight bedrooms, an indoor basketball court, gym, steam room and sauna. The property also has a two-bedroom guest house, a tennis court, a pool, a dock and a six-car garage.

After enduring years of a moribund market, some owners of high-end properties in the Miami area now are reducing their prices, says Jill Hertzberg, who has the listing with her business partner, Jill Eber. The two own the Jills of Coldwell Banker.

Artist's Townhouse Fetches $17 Million

Artist Jennifer Bartlett has sold her Manhattan townhouse, which includes a pool and her studio, for $17 million.

Sotheby's International Realty Jennifer Bartlett renovated her Manhattan townhouse.

The painter and printmaker, whose works are in the Museum of Modern Art in New York and London's Tate Gallery, had listed the 12,800-square-foot former factory for $17.9 million. It went into contract this past winter and the deal closed last week.

Built in 1911, the house once was the residence of Walter P. Chrysler Jr., son of the car mogul. Ms. Bartlett bought it in 1989 and renovated extensively, adding the pool -- rare for a Manhattan single-family home -- and planting multilevel gardens. The new owner is a neighborhood family, which bought in the name of a company.

Ms. Bartlett plans to design another studio in Brooklyn, and to reside in Amagansett, N.Y., and Nevis in the Caribbean, says her agent, Roberta Golubock, of Sotheby's International Realty. Ms. Golubock's colleague Barbara Brody also had the listing.

Write to Christina S.N. Lewis at christina.lewis@wsj.com

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