Los Angeles, Jun 11 (IANS): Singer Cher's and later Eddie Murphy's former Beverly Hills Estate is now on sale -- with a $85 million price tag.

Spanning 16 acres of Benedict Canyon and minutes from Rodeo Drive, the guard-gated estate is an equestrian's dream. It boasts of five stables, two white-graveled horse rings and miles of meandering riding, hiking trails and woodlands, reports variety.com.

Visiting riders can be housed in the main stable building, which holds two guest bedrooms, two bathrooms, a living room, fireplace and safe room.

In addition to the privately accessed 20,000 sq ft main house (currently being re-envisioned) that is invisible to the rest of the compound, a 7,000 sq feet Moroccan two-story guest house is nestled on the sprawling grounds.

Decorated with Moroccan tiles, arched windows, hand-carved wooden doors and coffered ceilings, the guest quarters includes a master retreat, two additional bedrooms, six bathrooms, two full kitchens, two fireplaces, a full dining room, a spa with Jacuzzi, a dry sauna and salon sink, and a large open patio.

The palm tree-adorned compound additionally houses a tennis court that is flanked by sprawling green slopes.

Following Cher's ownership of her four-acre estate in the 1970s, the renowned superstar sold the property to Murphy. It was later sold in the 1990s to owners who acquired all four surrounding land parcels and redeveloped the property.