PHOTO: Shane and his ex-wife Simone Callahan, with whom he shares three children. Getty

Cricket great and prolific property flipper Shane Warne is taking his grand Brighton residence to auction next month, lowering his price hopes after an earlier attempt at a sale pre-COVID.

The stunning Newbay Crescent home was earlier listed in mid-March, just as the world began to shut down to curb the coronavirus outbreak, with a price guide of $6.8 million to $7.4 million.

But well-heeled buyers could see an opportunity, as the former Australian one-day cricket captain is now asking only $5.8 million to $6.38 million.

Perfect for entertaining. Photo: Supplied

Set on 662 square metres of land in the sought-after bayside suburb, the house features five bedrooms, 5.5 bathrooms and a four-car garage.

An entertainer’s dream, it boasts a pool and spa, a nightclub-quality bar, home theatre and wine-tasting room with space for 530 bottles.

The kitchen includes Miele appliances and Calacatta benches and there is an al fresco entertaining area past the open plan living/dining space.

The home includes a pool, spa and al fresco dining area. Photo: Supplied

Warne paid $5.4 million for the spread in early 2018, public records show.

He announced the listing on social media, tweeting, “Yes we are selling our family home … Sad but I know this amazing house will make a family very happy and they will create their own amazing memories!”