The Fresh Prince of Bel-Air mansion returns with a 25% listing discount and stands to be demolished

Talk about a re-run.Will Smith’s opulent home in “The Fresh Prince of Bel-Air” is back for sale following a king-sized price cut of nearly 25%, to $22.95 million.That’s after an initial listing early this year asking $30 million attracted lots of looky-loos, but no commitments.The property snoops at Realtor.com first reported news of the listing’s return.A sale would be bittersweet since the nearly 100-year-old home’s heyday has passed — and it would likely be torn down by its new purchaser. That’s because it would require a massive amount of work and money to revitalize instead of just building a new, personalized mansion there.Farhad “Frank” Rahban has owned the estate for nearly 50 years as part of his expansive real estate holdings in the Los Angeles area.

He and his wife, Parvin Nourafchan Rahban, raised their two sons, Nicholas and Sasha, there. Sasha, in an interview with The California Post in January, said he was able to watch O.J.Simpson — who lived two blocks over — begin his slow Bronco ride down a Los Angeles highway in a still-notorious media spectacle before cops arrested him.If a buyer were inclined to hold onto the home’s history and keep it standing, its entire nearly 6,500 square feet of interior space would have to be gutted and rebuilt.

The outside, so frequently seen in the 1990s pop culture landmark show, would need to support that work.Until any decisions are made about the property, it has found a new cast of characters, but with a much less buoyant storyline.The estate is a prime exterior for the Hulu/FX summer hit, “The Shards,” a dark erotic thriller set in 1981 in which a serial killer is hunting rich prep school kids.The estate’s pool is featured as one of the male leads gets drunk by it, strips while walking over broken vodka bottle shards, plants a kiss on his costar’s lips, and then cannon balls into the water and is pulled out unconscious.

The property is also where one of the females leads get...