If the entertainment industry heavy hitter, now 80, did float the property for sale back then, there were no serious takers because now, fifteen years later, the massive compound on the rugged Encinal Buffs has been officially listed with a gasp-worthy $225 million price tag. Limestone rubble walls, exposed rough timber framing and antique terracotta roof tiles add to its hill-town character. Thanks for contacting us. From high-profile design commissions to exciting listings, there is always something new happening in the world of real estate. And just outside the main gatehouse is Mastros Ocean Club! (It appears the most recent deal happened off-market, though the house had been listed with a $12.5 million pricetag.) Our Ms. Rabe paid exactly $9 million for the property in 2008 a couple years after unloading her Malibu monster and lived here for a full decade before getting $11.5 million from the Eisners. In 2017, after a remodel, the estate was flipped for a berserk $70 million to Hong Kong heiress Karen Lo. shelled out $177 million for a Malibu compound. Anders Eisner lays out $11.5 million for Crystal Cove casa He also says that Eisner loves the creative process and is selling to start another project elsewhere. Malibu real estate prices have been booming in recent years, but this hilltop home is sure to break sale records for both Malibu and the state of California . Do Not Sell or Share My Personal Information, A neglected midcentury home is transformed into a Palm Springs showstopper, Top real estate sales of 2016: L.A.’s record year included two $100-million sales. Organ Donor Francia Shades Ex-Friendship 2023 EHM PRODUCTIONS,INC. If he gets close to that price, the homedesigned by AD 100 Hall of. Photo from Eric Wienberg Collection, Pepperdine University Special Collections and University Archives. But if our boy ever homesick, he can simply hop in his automobile and drive two hours up PCH to his parents longtime Malibu residence. 87990cbe856818d5eddac44c7b1cdeb8, Continue reading your article witha WSJ subscription, Already a subscriber? Home of the Week: J.P. Morgans Former Family Carriage House in NYC Just Hit the Market for $25 Million, Legendary Music Producer L.A. Reid Just Listed His Artsy Bel-Air Home for $21.5 Million, This $30 Million N.Y.C. But wait, that's just one structure. Four Seasons New Orleans Private Residences. We want to hear from you! It's even got a cabana on a bluff with its own elevator that will take you down to the beach!!! This jaw-dropping property features nine separate structures over five acres, which are connected via winding landscaped stone pathways, gardens and courtyards. Williams built the cabinets, he built everything, owner Sue Tapia recently told Sarasota Magazine. Here's an angle from the ocean side: And here is a video tour that was uploaded just this morning to YouTube: During Michael's multi-decade career overseeing Disney, the company's stock price rose 2,000%. That Was A Smart Choice. Its steel casement windows and doors are a California riff on its Mediterranean revival of the 1920s and 1930s. And, then there's a gym, a massive theater and, get this a tunnel that connects the pool area to the theater. The Eisner compound designed by Robert A.M. Stern is on the Encinal bluff above a tiny beach known as Watkins Cove, according to listing agent Kurt Rappaport of Westside Estate Agency. There's an underground tunnel that leads to a circular grassy knoll with a spa that overlooks the ocean. Whats more: a sale at that sky-high sum would also mark one of the priciest residential transactions in the world. A deal has to make sense for both parties, says Ameer. Portuguese products available Online we mail to all lower 48 states. Designed by esteemed architect Robert A.M. Stern, the Mediterranean compound sprawls over about five extensively landscaped acres.
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