Murdoch sells Rosehearty estate

After more than four years on the market, the sprawling historic estate owned by media mogul Rupert Murdoch has been sold for around $9.1 million - a huge discount from the original listing price of $14.8 million.

The 4.6-acre Rosehearty estate is in Long Island, New York's ritzy Oyster Bay community. Murdoch may need the help of many moving trucks to unload the home, which has 11 bedrooms, 7.5 bathrooms and a 950-square-foot guest house. The 10,000-square-foot home is a 1900s Colonial mansion, and its interiors were designed by Oval Office decorator Michael S. Smith.

Rosehearty also has a 50-foot swimming pool with a pool house, water-side tennis court, outbuildings, an eight-car garage and beach cabana. Murdoch and his wife, Wendi, bought the home in 2003.

The average listing price for Oyster Bay homes was $2.55 million for the week ending September 21, down 2.6 percent from the previous week. The median sales price for homes from June 11 to August 11 was $755,000, according to Trulia. Notable former residents include Rick Pitino, John McEnroe, Billy Joel and even Typhoid Mary.