No one wanted to buy John Edwards' Chapel Hill, N.C., estate for $6.9 million in December 2016.
Nearly a year later, it’s $1 million cheaper, and the new owner could own it at just $23,000 a month or so, according to real estate websites such as Zillow.
According to Zillow, the price was cut back in August.
The former Democratic senator, vice presidential nominee and presidential candidate built the home with his late wife and remains one of the largest in the area. Edwards vacated the home due to his long commute to his Raleigh office, law office of Edwards Kirby, the News & Observer reported.
Per the News & Observer, Orange County property records show Edwards still owns the nearly 26,000-square-foot estate at 1201 Old Greensboro Road, which sits on more than 100 acres of land. The total land and building value is listed at $4.45 million, according to 2017 property records. The total value was previously listed at about $5.58 million in December 2016.
The 10,800 square-foot main house holds five bedrooms and is linked to a four-bedroom guest annex, which is equipped with a full-size basketball court with a UNC-Chapel Hill theme.
The Edwards family bought the land in 2004 for $1.32 million, according to Orange County property records, the News & Observer reported.
Edwards and his wife moved in with their two younger children to the estate in 2006, after Edwards and running mate John Kerry lost the 2004 presidential election.
Edwards, who served in the Senate from 1999 to 2005, ran a failed presidential campaign for the 2008 Democratic nomination.
In 2011, Edwards was charged with six felony charges of violating federal campaign contribution laws used to cover up his extramarital affair. The trial was later declared a mistrial.