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Ozzy and Sharon Osbourne sell Malibu oceanfront home

Ozzy

and

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Sharon Osbourne

have sold their oceanfront house in Malibu for $7.925 million. Listed at $10 million last year, the price had been reduced to $8.795 million.

The three-story beach house features a walled garden, five bedrooms, five bathrooms and 4,500 square feet of living space. The master bedroom suite and a wood-paneled library take up the entire second floor.

Songwriter

Ozzy Osbourne

, 63, was the lead singer for the heavy metal group

Black Sabbath

before launching his solo career. Sharon Osbourne, 59, is his manager and a co-host on "The Talk" (2010-present). Their family life was the subject of the reality show "The Osbournes" in the early 2000s.

Public records show the couple bought the house in 2003 for $5.1 million.

Jonah Wilson of Hilton & Hyland was the listing agent.

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