Thanks to Our Fairy Godmother in Beverly Hills Your Mama recently learned that Grammy-winning pop music sensation Rihanna (née Robyn Fenty) has somewhat quietly floated her water-logged Beverly Hills, CA mansion on the market with an asking price of $4,500,000. The children may recall that the Barbados-born international superstar snatched up the very contemporary crib high in the hills above Beverly back in September 2009 when she paid $6,900,000 for the then newly constructed 8 bedroom and 10 bathroom celebrity-size mansion. Just over a two years later, in late August (2011), it was revealed and widely reported by all the celebrity and real estate gossips that Riri was mad as a wet cat and had filed a lawsuit against the property developer (and a slew of others) that claims design and construction defects repeatedly allowed (rain) water to infiltrate and cause significant damage to various parts of the house after even the most moderate of rain storms. The gist and heart of the legal matter is that Rihanna (and her team of legal eagles and business managers) alleges the house was poorly constructed and leaks like a sieve when it rains. The suit goes on to claim the seller–named in property records and legal documents as Heather Rudomin–was or should have known about and disclosed the defects. In California, as in many states, sellers of real property must disclose any known defects or issues that might affect the value, use or enjoyment of the property. Not to disclose known faults constitutes fraud. A document provided to Your Mama by Our Fairy Godmother in Beverly Hills makes no bones about the current condition of the hill topping city view property–pictured in the document looking abandoned with paper and debris strewn over the front motor court–as having “significant water intrusion & moisture issues throughout” as well as “encroachment issues.” Furthermore, the listing states the property may be “subject to short sale” and that the seller “will consider all offers.” We don’t know the status of Miss Riri’s lawsuit against the property developer or any of the other many folks named in the suit, but it’s clear she’s ready to put this real estate episode behind her even if it means a multi-million dollar gut punch to her pocketbook. Note: listing photos above show the house as it appeared when Rihanna purchased the property and may or may not reflect the current condition and/or day-core of the home. aerial photo: Google listing photos: Coldwell Banker Previews International More here: Monday Morning Morsel: Rihanna