The buyer of a $91 million manse in Malibu last month has been hamming it up in Paradise Cove. That Malibu compound is one of the largest and perhaps the most visually arresting estates in the entire city. 25,000 square feet, 16 bedrooms, 28 bathrooms, Comedy Icon Carol Burnett Laughs All the Way to the Real Estate Bank, Luxury Auto Mogul Sets New Record for Coffee Tycoons Palm Beach Mansion, Laurel Canyon Contemporary With Rock Roots Seeks $3.5 Million, Rapper The Kid Laroi Spends Millions on Rockstar-Worthy LA Home, Charm Meets Elegance at 1930s Traditional Home in Westwood, Gloria Vanderbilts Former Townhouse Gets $11 Million Price Tag, Drakes Onetime Trousdale Estates Rental Mansion Is Back, Asking $62 Million. when George Lucas sold Star Wars to Disney. He also says that Eisner loves the creative process and is selling to start another project elsewhere. He just settled this one. Anthony Barcelo, The home lords over Watkins Cove, a small, secluded beach. 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. Location Malibu, Calif. Price $225 million. Ex-Disney CEO, Michael Eisner, is a very, very rich man -- his estimated net worth is $1 BILLION -- well guess what he could increase his wealth by 25% just by selling his home!!! It has a beachfront cabana reached by a cliff-side elevator. Tapia snapped up the house in 2018 for just under $230,000 and spent the following yearand more than $70,000clearing, repairing, and remodeling. Robert A.M. Stern designed the Malibu property for former Disney CEO Michael Eisner. 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. Electrician Frank Williams built the cylindrical abode in 1971, inspired by the nearby Hilton Leech Art Studioa.k.a. Malibu Mansion With a Star Pedigree Pops on the Market for $99.5M, Rare Malibu Midcentury: A Beachfront Buff and Hensman Sells for $17.5M, Brand-New $40M Malibu Home Sets the Bar for Beautyand Views, For more photos and details, check out the. The Southern California waterfront estate of exec and erstwhile Disney CEO and Chairman Michael Eisner is on the market this spring with a reduced asking price of $195 million. In 2017, after a remodel, the estate was flipped for a berserk $70 million to Hong Kong heiress Karen Lo. A classic seven co-op that once belonged to Howard Deering Johnson is up for sale. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. https://www.wsj.com/articles/ex-disney-ceo-michael-eisner-asks-225-million-for-malibu-home-11651158239. Hes going for gold in the game of Golden State real estate. Michael Eisner's sprawling/palatial compound/estate/mansion was just listed for. First picture is from our 2016 campaign photographed by Lisa Eisner. 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. Exec Adds to His Malibu Kingdom - Los Angeles Times That's the same as earning around $400 million in today's dollars. Former Disney CEO Michael Eisner is listing his cliffside Malibu estate for $225 million - and a price anywhere close would be the most expensive home sold in the history of California. The home of Michael and Jane Eisner in Malibu, Calif., is asking $225 million. The home has received nearly 123,000 likes on Zillow Gone Wilds Twitter. Michael Eisner is chasing a record on the bluffs of Malibu, listing his prized oceanfront compound for $225 million. Eisners place is the most expensive listing in Malibu and in the entire country. Eisner and his wife, Jane, first purchased land on the bluffs in the 1990s and tacked on adjacent parcels in the years since. A first look at Gachot Studios interiors at Madison House. 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. Last year billionaire Marc Andreessen set a state record with his purchase of a Malibu compound for $177 million. Its all quite confusing to us. Records show he bought the first piece in the 1990s and has added at least four adjacent parcels in the years since. But let it be known that the southern OC beaches are (generally) prettier and cleaner than most LA beaches. Former Disney chairman and chief executive officer Michael Eisner is asking $225 million for his cliff-top compound in Malibu, Calif. All rights reserved. Condominiums at the Four Seasons New Orleans have already attracted high-profile buyers like Boysie Bollinger and Drew Brees. The Eclectic World of Lisa Eisner - The New York Times All Rights Reserved. Michael Eisner lists Malibu compound for record $225 million. With chalky white waxed plaster walls and muscular wood-beamed ceilings, interior spaces are furnished in a manner both comfortable and sophisticated. And, speaking of Kurt if this property sells for anywhere near asking, it will break an all-time sales record for California. It spans about 25,000 square feet, with a total of 16 bedrooms and 28 bathrooms among the main house, the guesthouses and a two-bedroom caretakers cottage. As a result, Eisner was at times the highest-paid corporate executive in the world. Edward Hamm Jr., a movie producer and heir to the Hamm's Beer fortune, was revealed as the buyer of . The Eisners have three young sons, so we imagine theyll be pretty busy shuttling the kids to/from school and extracurricular activities. Eisner is seeking to cash in on a high-flying market untouched by global concerns over inflation, war, or interest rates. Former Disney CEO Michael Eisner seeks $225 million for sprawling Malibu estate. The US government eventually seized the Malibu mega-manse from Mr. Obiang money laundering is a big no-no here in the States and resold it for $33.5 million to Mexican investor Mauricio Oberfeld and powerhouse realtor Mauricio Umansky. Kurt Rappaport, a celebrity realtor who himself is a land baron, has the listing. The Eisners oceanfront Malibu pad lies in the far northwestern reaches of the city and is certainly extravagant theres supposedly a secret elevator that ferries guests from the blufftop down to the beach. Michael Eisner's net worth explored - Sportskeeda 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. ex-Disney CEO Michael Eisner's home in Malibu, California. Besides the main house, theres a gym, office, beach cottage, guesthouses, and an underground tunnel from the pool to a movie theater. The meandering Malibu compound includes a gym, several guesthouses, an office, and a two-bedroom caretakers cottage. Spanning about 25,000 square feet all together, there are a total of 16 bedrooms and 28 bathrooms between the main house, several guesthouses, and two-bedroom caretakers cottage. Maritime Hotel Was Transformed Into Luxe Condos. In the rarefied housing market involving nine-digit price tags, urgency isnt a huge issue. Rappaport said the lofty price tag on the Eisner property is warranted because the compound would be nearly impossible to duplicate today in terms of scale, location and beach access. Billionaire Michael Eisner Offering Malibu Home for Reduced $195M Michael Eisner Seeks Record Sale with $225M Price on Malibu - Yahoo Billionaire Michael Eisner Offering Malibu Home for Reduced $195M. And, then there's a gym, a massive theater and, get this a tunnel that connects the pool area to the theater. Former Disney CEO Michael Eisner Asks $225 Million for Massive Malibu Across the property, there are 16 bedrooms and 28 bathrooms, not including the two-bedroom caretakers cottage. 2023 NYP Holdings, Inc. All Rights Reserved, Donald Sutherlands 36-year California home he gave up for Florida lists for rent, Inside Sofia Richie and Elliot Grainges $26.9M newlywed mansion, Tommy Lees hillside Calabasas mansion finally sells at a loss, Ex-NBA star sold Fla. house because state wont accept his transgender child. And then, of course, theres that view with the sunsets gently caressing Catalina. To revisit this article, visit My Profile, thenView saved stories. There are 9 buildings in all on the 5-acre property, including multiple guesthouses. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. For context, when George Lucas sold Star Wars to Disney, he received $2.2 billion in cash and 37 million shares of Disney. Get the latest scoop directly in your inbox. The compound boasts 16 bedrooms, 22 bathrooms, and a movie theater. Right now there are 268 active homes for sale in Malibu, with a median list price of $3,462,500. . Situated on a bluff overlooking a small cover, the property comes with an oceanfront pool thats accessible via cliffside elevator and connects to a large movie theater via underground tunnel. Last year, Tinseltown scion Anders Eisner he's the youngest son of former Disney CEO Michael Eisner and his longtime wife Terena Thyne Eisner sold their family home for $12.8 million, a new record for the so-called "Little Holmby" neighborhood.. Now in his 40s, Mr. Eisner is a born-and-bred LA guy his parents have long owned compounds in Bel Air and Malibu but his latest . Our website, archdigest.com, offers constant original coverage of the interior design and architecture worlds, new shops and products, travel destinations, art and cultural events, celebrity style, and high-end real estate as well as access to print features and images from the AD archives. Sales have launched at 42 Pine, the first luxury boutique building in Miami Beachs 41st Street and Pine Tree Drive neighborhood, with architecture and interiors by renowned local firm Arquitectonica. If someone pays $225 million for Michael Eisner's property, their annual property tax bill will be. 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. But outside is really the place to be there are covered and al fresco patios, a huge backyard fireplace and saltwater swimming pool. Listing agent Kurt Rappaport of Westside Estate Agency told the Journal the mighty asking price is warranted; what the Eisners built would be difficult to replicate these days in its large scale, prized location and access to the beach. Michael Eisner doesnt think small: The ex-Disney CEO has listed his five-acre Malibu compound for a whopping $225 million. Anders Eisner lays out $11.5 million for Crystal Cove casa When George Lucas Sold Star Wars To Disney, He Took Half Of The $4 Billion Buyout In Stock. ex-Disney CEO Michael Eisner's home in Malibu, California. Lists Massive Malibu Estate for Record-Breaking $225 Million!!! 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 . They have also lived in West Hollywood, CA and Encino, CA. As noted by the property gossips as theWall Street Journal, the first to report the listing, if the estate sells for anywhere near its asking price, it will blow away the current record for the most expensive house ever sold in California, the $177 million venture capitalist Marc Andresson paid for fashion tycoon Serge Azrias huge spread above Malibus Paradise Cove late last year. Or so Yolanda believes. There are 9 buildings in all on the 5-acre property, including multiple guesthouses. This $24 Million Malibu Home Near Jeff Bezos Comes With A Key - Forbes Former Disney CEO Michael Eisner is going for the record books with his Malibu, CA, compound. Michael Eisner's House in Malibu, CA (#3) - Virtual Globetrotting Whats more: a sale at that sky-high sum would also mark one of the priciest residential transactions in the world. He also says that Eisner loves the creative process and is selling to start another project elsewhere. Former Disney executive's $225M estate may break CA record | The Architect Robert A.M. Stern. Hopefully, the new buyer's guests won't jump from the pool to the theater's velvet sofas. "The Young and The Restless" actor best known for . (Papa Eisner, of course, is a Forbes-listed billionaire who had an epicly long tenure as Disneys CEO he was basically King Disney for decades. Anthony Barcelo. The compound evokes classic European elegance. April 24, 2023 12:43 PM PT. Michael Eisner Lists Malibu Compound for $225 Million, a Zillow Gone It was a time of wonder and excitement and renewal.. Eisner is hoping to sell for a record-setting sum. A deal has to make sense for both parties, says Ameer. Former Disney CEO Michael Eisner's $225 Million Malibu Estate - Yahoo 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.
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