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LOCATION: West Hollywood, CA
PRICE: $5,500,000
SIZE: 4,000 (or so) square feet,

YOUR MAMAS NOTES: Your Mama heard it the other day from two separate but impeccable sources but the ever-intrepid celebrity gossips at TMZ got to it before we did and revealed today that Showbiz über-icon Cher has quietly floated her duplex pied-a-terre at the star sprinkled Sierra Towers building in West Hollywood, CA as an off-market listing with an asking price somewhere around $5,500,000.

Your Mama actually heard from both our tattletales that Cher has allowed the duplex to be shown for some time now with an asking price closer to six million bucks and a third, also impeccable informant, told us not to be surprised if the duplex—located on the 26th and 27th floors and joined by a tight, corkscrew spiral staircase—soon pops up on the open market.

Most reports say Cher paid $4.5 million for the two floor condo-crib but the property records we peeped clearly show she actually purchased the pied-a-terre in January 2006 for $3,000,000 from eccentric actor/producer and part-time high end house flipper Vincent Gallo.

Most reports also say the two-floor apartment measures somewhere around 4,000 square feet and maybe it does. However, according to the L.A. County Tax Man, the combo condo contains just 2,302 square feet. Make of those discrepancies what y’all will.

Anyhoo, like her former Sierra Towers neighbor Sir Elton John, soon after Cher acquired her in-town hideaway, the Malibu resident engaged the flamboyant services of wildly pretentious Million Dollar Decorator Martyn Lawrence-Bullard who worked the duplex over as an “ethnic, spicy and romantic” faux-Buddhist fantasia that she had photographed for the high-gloss pages of Architectural Digest’s July 2010 issue by superstar photographer Tim Street-Porter.

Some of the other current high-profile residents/owners at Sierra Towers include Courtney Cox, Joan Collins, PJ Harvey, Diahann Carroll and Tawny Kitaen. Previous owners include Matthew Perry, Harry Morton, David Geffen, Sidney Poiter and, as mentioned above, Sir Elton John and his hubby David Furnish who recently sold their pair of adjacent but un-combined Martyn Lawrence-Bullard decorated apartments for a combined $4,634,000.

For what it’s worth, we also heard through the celebrity real estate gossip grapevine that, even though she previously turned down two full price offers for her massive, Italian Renaissance-style Malibu mansion, if you know who to call it can still be shown with its same ol’ $45,000,000 price tag.

photos: Tim Street-Porter for Architectural Digest (via Curbed)