The Eisners commissioned Stern, an architect known for designing New York City buildings such as 15 Central Park West, to design the property. Residents can work out in the state of the art gym, work in . Natural light floods the home. Distribution and use of this material are governed by Send me email updates and offers from TMZ and its Affiliates. Located off the Pacific Coast Highway, the Mediterranean-inspired estate wouldnt look out of place in the French Riviera, with its terracotta roofs, antique stonework and magnificent landscaping. 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. The home of Michael and Jane Eisner in Malibu, Calif., is asking $225 million. If he still owns all 14 million that stake is worth $1.6 billion. If he gets his price, itll be the most expensive home sale in California history. Some of the more expected amenities include an office, gym and boutique hotel-like swimming pool that overlooks the ocean, while one of the more unusual highlights includes a tunnel that links the pool area to a plush movie theater, with seating for at least two dozen in crimson velvet sofas. In 2017, after a remodel, the estate was flipped for a berserk $70 million to Hong Kong heiress Karen Lo. That led her to New York City, where she landed a job at. If Michael and his wife Jane get anywhere near that amount, it will smash the record for California's most-expensive home sale. In addition to the Malibu estate, Michael Eisner . Send us a tip using our anonymous form. Carolyn Bryant is dead at 88. The formal dining rooms got a fireplace with marble surround, the living room sports another fireplace, and a family room opens to the kitchen and includes you guessed it yet another fireplace. We want to hear from you! Anthony Barcelo, The home lords over Watkins Cove, a small, secluded beach. The Eisner estate, Mediterranean in style with nine structures on approximately 5 acres, packs a real punch. ex-Disney CEO Michael Eisner's home in Malibu, California. Sofia Vergara and Joe Manganiello Offering Beverly Hills Home for $18M. If sold for $225 million, the home will break sale records in California, which was set last year when billionaire Silicon Valley venture capitalist Marc Andreessen shelled out $177 million for a Malibu compound. P.S. Rapper The Kid Laroi Spends Millions on Rockstar-Worthy LA Home, Drakes Onetime Trousdale Estates Rental Mansion Is Back, Asking $62 Million, Hollywood Heavyweights Barry Jenkins, Lulu Wang Buy Apartment in 1920s NYC Building, https://www.youtube.com/watch?v=O-OCHb49qTc, A Whimsical Sausalito Houseboat Stars on 'The Last Thing He Told Me', Gloria Vanderbilt's Former Townhouse Gets $11 Million Price Tag, Steeped in History, a Silent Film Stars Former Malibu Beach House Asks $25 Million, Charm Meets Elegance at 1930s Traditional Home in Westwood, With Its Modernist Simplicity, a Brand-New Florida Home May Set Town Record. Thanks for contacting us. Experience extraordinary with us this June. But now model residences are on view as ownersincluding former Saints quarterback Drew Brees and shipyard tycoon Boysie Bollinger, who paid a record $13 million for a 30th-floor penthouseprepare to move in. Spanning nearly 5 acres, the estate sits on a bluff above Watkins Cove a small, secluded beach thats difficult for the public to access because of the tide. The Eisner estate, Mediterranean in style with nine structures on approximately 5 acres, packs a real punch. They picked up a neighboring home in 2012 for $8.2 million, though tax records suggest they sold it to their son Breck and his wife Georgia in early 2021 for $8.3 million, and they also maintain a ranch in Snowmass, Colo., and an apartment on New Yorks Upper East Side. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. For context, when George Lucas sold Star Wars to Disney, he received $2.2 billion in cash and 37 million shares of Disney. This jaw-dropping property features nine separate structures over five acres, which are connected via winding landscaped stone pathways, gardens and courtyards. The Eisners primary home is in Bel Air, where since the 1990s theyve presided over a huge estate hidden behind an epically tall hedge. He bought up those properties over many, many years and assembled all this land. Peter Aaron/OTTO, The oceanfront cabana is accessed via a cliffside elevator. In 2018, a Richard Meier-designed estate owned by Hard Rock Cafe founder Peter Morton sold for $110 million. He (and his young family) have quietly plunked down $11,500,000 for a large home in the Crystal Cove guard-gated community within Newport Coast. Billionaire Michael Eisner Offering Malibu Home for Reduced $195M. when George Lucas sold Star Wars to Disney. Eisner is selling because he loves the creative process and wants to find another project, Rappaport said. The U.S. record belongs to hedge fund manager Ken Griffin, who paid $238 million for a New York City penthouse in 2019. Among the other perks: a gym, a pool that looks out to the Pacific and, from the pool area, a tunnel that leads to a movie theater with a large screen and several rows of plush seating. Stern is known for his high-end apartment building projects in Manhattan, as well as some work on Disney World. Designed by Robert A.M. Stern the architect behind tony New York City addresses including 15 Central Park West and 220 Central Park South listing images show airy interiors with beamed ceilings, large windows that open to the outdoors and a neutral-tone cabana that sits right on the beach. It has a beachfront cabana reached by a cliff-side elevator. Other Malibu homes have sold for soaring sums in recent years. The master bedroom has a vaulted ceiling and separate sitting room, and the master closet is decked out like a Rodeo Drive boutique. Eisners oceanfront complex houses nine structures in all, with 16 bedrooms and 22 bathrooms spread across a main house, a caretakers cottage, and several guesthouses. Advertisement Nearby: Gregory J. Bonann's House Encinal Bluffs Family Compound Hes going for gold in the game of Golden State real estate. If the deal closes for that amount, the home will be the most expensive ever sold in California and one of the priciest in the world. Michael and his wife Jane purchased their first parcel in the above area in the 1990s. Check out more photos of the property below: There are nine structures, including a main residence and guest homes. The $225-million price tag is nearly $50 million higher than the current California sale record, which was set last year when billionaire Marc Andreessen dropped $177 million on a compound of his own also in Malibu. The main house is 25,000 square feet. Michael Eisner doesn't think small: The ex-Disney CEO has listed his five-acre Malibu compound for a whopping $225 million. There's an oceanfront cabana structure that is reached via elevator. This lush materiality brings warmth and context to the buildings monumental scale. Gachots team designed the amenities spaces the same way we would design a private members club, she adds. https://therealdeal.com/la/2018/04/24/hard-rock-founders-malibu-mansion-nabs-title-of-priciest-home-sale-in-la-county/. If met, the compound's . micro wedding packages dfw; pygmy goats for sale in central illinois; My Cart But we digress take a look at Mr. Eisners lavish new Newport digs. To revisit this article, select My Account, thenView saved stories. Bendet, a fashion designer and the founder of the clothing company Alice + Olivia, and her husband, film producer and investor Eric Eisner, along with daughters Eloise Breckenridge, 13, Scarlet . Check into Howard Johnsons classic seven on the Upper East Side. (It appears the most recent deal happened off-market, though the house had been listed with a $12.5 million pricetag.). Styles Featured: Airdale. that the price is warranted because the home would be nearly impossible to recreate today because of its scale, location and beach access. You Do ADU, Part 1: Thousands of Californians are building ADUs. That's the same as earning around $400 million in today's dollars. There are 16 bedrooms, 28 bathrooms across the main house and the guest houses, and a two-bedroom caretaker's house is also on the grounds. Just not safe, A proposed 50-story skyscraper in this San Francisco neighborhood would stick out, First Republic: Cheap, interest-only jumbo mortgages to Silicon Valleys elite fueled the banks failure, SpaceX used wildlife preserve as dumping ground for space waste, lawsuit alleges, This Barbie is a Hollywood legend: Mattel debuts elegant Anna May Wong doll, Musk said hed never settle an unjust legal case against him. ", And speaking of "otherworldly" things, let's talk about the price tag. Malibu, CA Instilled values in campers based on Jewish morals . The estate has 9 separate structures, a smidge over 25,000 square feet, boasting 16 bedrooms and 28 bathrooms in the main house and guesthouses alone. Limestone rubble walls, exposed rough timber framing and antique terracotta roof tiles add to its hill-town character. That Malibu compound is one of the largest and perhaps the most visually arresting estates in the entire city. Marc Andreessen Just Paid $177 Million For A Seven Acre Malibu Estate The Second Most Expensive Home Sold In US History! The project represents the ultimate evolution of the historic World Trade Center New Orleans, a city landmark designed by Radio City Music Hall architect Edward Durell Stone and completed in 1968. 25,000 square feet, 16 bedrooms, 28 bathrooms Lot Size 5 acres There were rumblings across the Platinum Triangle back in 2007 that former Disney chairman and CEO Michael Eisner was looking to unload his family compound in Malibu. It was built in 2002 and is comprised of 9 structures. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Even words like "compound," "estate," and "mansion" don't really do this property justice without being accompanied by additional words like "sprawling," "palatial" or "otherworldly. 3. It was a time of wonder and excitement and renewal.. (It appears the most recent deal happened off-market, though the house had been listed with a $12.5 million pricetag.) Laurene's 74 million shares generate around $120 million PER YEAR in dividends. The current record is $177 million for another Malibu estate. 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. There are 16 bedrooms and 28 bathrooms. He and his wife, Jane, purchased their first parcel of land here in the mid-1990s and have been adding adjacent lots since then. Youll never paint yourself into a corner in this unusual two-bedroom home in Sarasota, Florida: A 1,268-square-foot curved house on Peachtree Street is a step back in time to midcentury America, with tangerine doors, turquoise appliances, and meticulously curated period furnishings that can be separately negotiated for purchase. 25,000 square feet, 16 bedrooms, 28 bathrooms. Michael Eisner doesnt think small: The ex-Disney CEO has listed his five-acre Malibu compound for a whopping $225 million. Designed by esteemed architect Robert A.M. Stern, the Mediterranean compound sprawls over about five extensively landscaped acres. To take advantage of Madison Houses extraordinary height and showcase the great views, we employed generous planes of rich, natural materials and hand-applied finishes, cofounder Christine Gachot tells AD PRO. (approx.) Dirt is a part of Penske Media Corporation. Eisner, 80, joined Disney after stints with NBC, CBS, ABC and Paramount Pictures, where he served as president from 1976 to 1984. Light streams through steel-trimmed casement windows, while the stone floors continue out to covered porches and open terraces. Yes, kids down behind the feared Orange Curtain. A village-like assemblage of structures linked by a series of garden courtyards and meandering stone paths, the buildings are faced in hand-set limestone rubble and capped with antique terra-cotta roofs tiles. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Westside Estate Agencys Kurt Rappaport, who has the listing, tells AD PRO its one of the finest beachfront properties in the world.. Will Eisner get his record-breaking price tag? Former Disney CEO Michael Eisner lists Malibu compound with 16 bedrooms and nine guest houses for $225m, meaning it could be most expensive home ever sold in California The Malibu compound,. The interiors, meanwhile, were designed by AD100 firm Gachot Studios, the tastemakers behind Detroits Shinola Hotel, the Glossier flagship in SoHo, and Pebble Bar at Rockefeller Center. Architect Robert A.M. Stern. If someone pays $225 million for Michael Eisner's property, their annual property tax bill will be. Former Disney CEO Michael Eisner's $225 Million Malibu Estate Has a Cliffside Elevator to the Beach Poised to break sales records, the Robert A.M. Stern-designed estate also has an underground. The 25,000-square-foot Mediterranean-style compound spans five acres and includes nine buildings linked by gardens and courtyards on a bluff overlooking the Pacific Ocean, the Wall Street Journal reported. Completion of 42 Pine is expected by the fourth quarter of 2023, with pricing ranges starting at $700,000 for one-bedroom units. Although the house has passed through numerous hands in the intervening half-century, the beauty is that they kept it as is, she said. This 5-acre estate on Malibu's Encinal Bluffs is situated above a largely private beach. Electrician Frank Williams built the cylindrical abode in 1971, inspired by the nearby Hilton Leech Art Studioa.k.a. The hotel, which operates on the lower floors, opened last fall. Malibu is the preferred enclave for billionaires. 7681 April 27, 2023 Real Estate. Besides the main house, theres a gym, office, beach cottage, guesthouses, and an underground tunnel from the pool to a movie theater. The co-op is being sold by the estate of the woman who bought it from Johnson. If he gets close to that price, the homedesigned by AD 100 Hall of Fame architect Robert A.M. Sternwill be the most expensive ever sold in California. That cabana, perched on a bluff over a small beach known as Watkins Cove, can be accessed by a cliff-side elevator. Construction is complete at Madison House, the tallest residential project in NoMad, and immediate occupancy is available. But wait, that's just one structure. The 16-bedrooms, 28-bath property is reminiscent of old estates along Frances Cte dAzur, he said. Get our latest stories in the feed of your favorite networks. A deal anywhere near his asking price would set a sales record in California, set less than six month ago with the $177 million paid for a seven-acre Malibu spread by venture capitalist Marc Andreessen and his wife, Laura Arrillaga-Andreessen, who have since bought two more properties along the beach. See Massive Malibu Estate of Former Disney CEO Michael Eisner. In 2017, he bought the Portsmouth Football Club for about $7.5 million. Eisner, at the time, was CEO of The Walt Disney Company and the face of the company until 2005. Michael Eisner attends the premiere of the Hulu documentary Hillary at the DGA New York Theater on March 4, 2020, in New York. Maritime Hotel Was Transformed Into Luxe Condos. If an ultra-high-net-worth buyer sweeps up the amenity-loaded cliff-top spread for that price, the deal would set a record for the priciest home ever sold in California, according to the Wall Street Journal, which first reported news of this listing. Peter Aaron/OTTO, There are many spaces to enjoy the outdoors. The buyer of a $91 million manse in Malibu last month has been hamming it up in Paradise Cove. Eisner, who was at Disney from 1984 to 2005, now helms the investment firm the Tornante Company and through that he owns Britains Portsmouth Football Club. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved.
2022 Ford F150 302a Package,
Most Valuable Antiques To Look For,
Usasoc Training Holidays 2021,
Cheap Houses For Rent In Tuscaloosa, Al,
How To Stop Diarrhea On Optavia,
Articles E