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Eisners ambitious asking price is due to the propertys unrivaled scope and somewhat-secret location. See Massive Malibu Estate of Former Disney CEO Michael Eisner. The five-acre spread include nine structures, as well as a cliff-side elevator that descends to the beach. Ex-Disney CEO Michael Eisner Lists Malibu Estate for Record - TMZ The Journal notes that the couple has since bought at least two more properties in Malibu since that record-breaking buy. The third result is Eric Norris Eisner age 70s in Los Angeles, CA in the Bel Air neighborhood. Protests, lawsuits and a dead rat: A wealthy California citys epic fight to block growth, Oprahs neighbors reportedly fear new wall on her property will send floodwaters their way, New luxury L.A. hillside development in severe fire danger zone brings protests. "The Young and The Restless" actor best known for . You could describe it as the house that mouse built, but to call this a house would not be remotely accurate. Michael Eisner lists Malibu spread for record $225 million - Los Those numbers don't include the 2-bedroom caretaker's cottage. Former Disney chairman andchief executive officer Michael Eisner is asking $225 million for his cliff-top compound in Malibu, Calif. Michael Eisner Seeks Record Sale with $225M Price on Malibu - Yahoo If he gets his price, itll be the most expensive home sale in California history. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. The Eisner estate, Mediterranean in style with nine structures on approximately 5 acres, packs a real punch. 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. Four Seasons New Orleans lets the good times roll. The $225 million oceanside estate is being sold by former Disney executive Michael Eisner, who served as CEO of Walt Disney Co. from 1984 to 2005. ALL RIGHTS RESERVED. Yes, kids down behind the feared Orange Curtain. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Marc Andreessen pays record $177 million for Malibu mansion - Los If he gets close to that price, the homedesigned by AD 100 Hall of. The buyer of a $91 million manse in Malibu last month has been hamming it up in Paradise Cove. Peter Aaron/OTTO, There are many spaces to enjoy the outdoors. 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. He currently owns Tornante Co., a private investment firm. This big ol Tuscan thing was spec-built in 2006. If Michael and his wife Jane get anywhere near that amount, it will smash the record for California's most-expensive home sale. Interiors at New York Citys Handel Architectsdeveloped Madison House were designed by Gachot Studios. For example, in 1993 he earned $203 million. our Subscriber Agreement and by copyright law. Limestone rubble walls, exposed rough timber framing and antique terracotta roof tiles add to its hill-town character. 'Young and Restless' star Eric Braeden shares cancer diagnosis - Los The massive master-planned community is divided into 12 sections each featuring a grip of multimillion dollar Tuscan-style homes. (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. 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. Kurt Rappaport, a celebrity realtor who himself is a land baron, has the listing. You wouldnt be able to do that today, says Jack Turturici Jr. with Douglas Elliman. Born in Greybull, Wyo., Eisner credits the over-the-top glamour of her home state's rodeo queens for her early fascination with fashion. Exec Adds to His Malibu Kingdom - Los Angeles Times Eisner, 80, joined Disney after stints with NBC, CBS, ABC and Paramount Pictures, where he served as president from 1976 to 1984. shelled out $177 million for a Malibu compound. The 80-year-old media- and entertainment-industry veteran served as chief executive of Disney from 1984 to 2005. 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. The Eisners have three young sons, so we imagine theyll be pretty busy shuttling the kids to/from school and extracurricular activities. YES, what you see in the photo above is Eisner's $225 million mansion. In 2017, after a remodel, the estate was flipped for a berserk $70 million to Hong Kong heiress Karen Lo. But wait, that's just one structure. History of Malibu | OP Stories USA - Oliver Peoples To bring the 33-story building fully up to date, Bill Rooney Studio has reimagined the interiors with CambridgeSeven leading the transformation of the iconic exterior. But anyway. Eisner and his wife spent 25 years scooping up land and building on the properties. 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. Alternatively, a cliffside elevator whisks beachgoers down the bluff. A first look at Gachot Studios interiors at Madison House. (It appears the most recent deal happened off-market, though the house had been listed with a $12.5 million pricetag.) All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Car dealer sets Palm Beach resi record with $170M purchase, Hard Rock founders Malibu mansion nabs title of priciest home sale in LA County, Andreessen plucks third home along Malibu beachfront. Light streams through steel-trimmed casement windows, while the stone floors continue out to covered porches and open terraces. You may occasionally receive promotional content from the Los Angeles Times. In the rarefied housing market involving nine-digit price tags, urgency isnt a huge issue. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Or so Yolanda believes. Other amenities include a separate office, gym, pool and a movie theater, which is connected to the pool area via an underground tunnel. His property portfolio includes a ranch in Snowmass, Colo., a mansion in Bel-Air and an apartment on New Yorks Upper East Side, records show. All Rights Reserved. Disney's Former CEO Lists Malibu Compound For $225 Million (PHOTOS) Own Michael Eisner's Malibu Home for Just $225 Million And, speaking of Kurt if this property sells for anywhere near asking, it will break an all-time sales record for California. 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. Whats more: a sale at that sky-high sum would also mark one of the priciest residential transactions in the world. Malibu is the preferred enclave for billionaires. Price $225 million Architect Robert A.M. Stern Specs (approx.) In this roundup, AD PRO has everything you need to know. For those not familiar with Crystal Cove, the guard-gated enclave lies just off PCH, in the Newport Coast hills overlooking the Pacific. Inside Michael Eisner's Malibu Home - DIRT Claudine Zap covers celebrity real estate, housing trends, and unique home stories. He now heads the investment firm the Tornante Company, through which he owns Britains Portsmouth Football Club. Inside Sofia Richie and Elliot Grainge's $26.9M newlywed mansion, Inside NYC's charming Villa Charlotte Bront, where units rarely list, Donald Sutherland's 36-year California home he gave up for Florida lists for rent, Dua Lipa exudes royalty in vintage Chanel, massive diamond necklace at Met Gala 2023, Selena Gomezs kidney donor, Francia Rasa, dodges questions about feud speculation, Meghan Markle wants to be Queen of Hollywood after signing multi-million deal, Khristina Williams previews the New York Liberty's 2023 WNBA season, Perez Hilton: 'Boring' Meghan and Harry need to 'give up and move' back to UK, Woman has 'loud, full body orgasm' in the middle of LA concert. Anders Eisner lays out $11.5 million for Crystal Cove casa Michael Eisner's Malibu, CA, compound (Realtor.com) With a total of nine structures, the compound offers 25,025 square feet of living space, including 16 bedrooms and 22 bathrooms. In 2018, a Richard Meier-designed estate owned by Hard Rock Cafe founder Peter Morton sold for $110 million. Architect Robert A.M. Stern. 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. Steinman House, 1956, Malibu, CA. 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,. Laurene's 74 million shares generate around $120 million PER YEAR in dividends. All Rights Reserved. An unusual, time capsulelike home designed by Frank Williams is on the market in Sarasota, Florida. Townhouse Comes With a Backyard That Would Make the Berkshires Jealous, A Student Ate Maurizio Cattelans Infamous Banana Artwork Off a Museum Wall, Because He Was Hungry, This $11.8 Million Scottish Estate Will Instantly Turn You Into a Baron or Baroness, Singapores 60% Property Tax for Non-Citizens Is Now the Highest in the World. Eric Eisner - Address & Phone Number | Whitepages When Steve Jobs sold Pixar to Disney, he received 138 million shares of Disney which made him the company's largest individual shareholder BY FAR. The gorgeous getaway has landed on the market for $225 million, according to the Wall Street Journal. In the past two years, the tony Southern California town saw massive record-breaking listings and sales, from former Disney CEO Michael Eisner's . 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 . If he gets his price, it'll be the most expensive home sale in California. By subscribing, I agree to the Privacy Policy and Terms of Use, 2023 EHM PRODUCTIONS,INC. This 5-acre estate on Malibu's Encinal Bluffs is situated above a largely private beach. Former Disney CEO Michael Eisner seeks $225 million for sprawling Malibu estate. The property has panoramic, unrivaled views of the Pacific Ocean, and it sits on a bluff above Watkins Cove beach, which is rather small, secluded and difficult for the public to accessmeaning that youre likely to have it all to yourself. 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. We asked luxury experts to weigh in. At the time, the figure being bandied about as the unverified asking price was in the neighborhood of $75 million. Malibu Homes For Sale & Real Estate - 90265 - Pinterest First picture is from our 2016 campaign photographed by Lisa Eisner. 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. ex-Disney CEO Michael Eisner's home in Malibu, California. Michael Eisner lists Malibu compound for record $225 million. Michael Eisner's House in Malibu, CA (#3) - Virtual Globetrotting Location Malibu, Calif. Price $225 million. Ad Choices, Michael Eisner Lists Malibu Compound for $225 Million, a Zillow Gone Wild Listing Takes Over Twitter, and More Real Estate News, Peter Jenningss Co-Op Lists for $10.45 Million, the Cities With the Highest Property Taxes Revealed, and More Real Estate News, Kenny Rogerss Former Abode Is for Sale, a Richard Neutra Home Hits the Market, and More Real Estate News, Jim Carrey Lists His Brentwood Mansion, a Landmark Modernist Home Hits the Market, and More Real Estate News. The main house is 25,000 square feet. 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. 2023 Celebrity Net Worth / All Rights Reserved. . 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. Lists Massive Malibu Estate for Record-Breaking $225 Million!!! . It's even got a cabana on a bluff with its own elevator that will take you down to the beach!!! 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. The Eisners primary home is in Bel Air, where since the 1990s theyve presided over a huge estate hidden behind an epically tall hedge. Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. Sofia Vergara and Joe Manganiello Offering Beverly Hills Home for $18M The listing agent, Kurt Rappaport of Westside Estate Agency, notes the assemblage represents a once-in-a-lifetime opportunity to acquire one of the worlds great properties.. Eric Braeden is staying positive amid his battle with prostate cancer. Although California beaches are public, the beach below this property is harder to access, according to the Times, making it even more valuable to a buyer who wants privacy. There are 16 bedrooms and 28 bathrooms. Expect a record-breaking price.. 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. Anthony Barcelo, The home lords over Watkins Cove, a small, secluded beach. After a few minutes of serious head scratching, I had a revelation. Carolyn Bryant is dead at 88. In addition to the Malibu estate, Michael Eisner . Former Disney CEO Michael Eisner Asks $225 Million for Massive Malibu If he still owns all 14 million that stake is worth $1.6 billion. 3 min read. 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. Residents have access to resort-style amenities, including a rooftop pool, game room, and wellness center. The 19-story tower it occupies was built by architect Robert L. Bien in 1963and was once home to former vice president Nelson Rockefeller. And, then there's a gym, a massive theater and, get this a tunnel that connects the pool area to the theater. No joke. ", And speaking of "otherworldly" things, let's talk about the price tag. Four Seasons New Orleans Private Residences. Eisner Property Parcels, Malibu Oceanfront Location: Google Maps. Anthony Barcelo. It will be very challenging to get the listed price, but this is a trophy property that checks all the boxes, says Perkins. Anders Eisner lays out $11.5 million for Crystal Cove casa As you can perhaps comprehend, my brain's first instinct was to view the compound above as four distinct mansions. 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. The Eisner estate, Mediterranean in style with nine structures on approximately 5 acres, packs a real punch. But outside is really the place to be there are covered and al fresco patios, a huge backyard fireplace and saltwater swimming pool. Michael Eisner is chasing a record on the bluffs of Malibu, listing his prized oceanfront compound for $225 million. Michael Eisner doesn't think small: The ex-Disney CEO has listed his five-acre Malibu compound for a whopping $225 million. Tapia snapped up the house in 2018 for just under $230,000 and spent the following yearand more than $70,000clearing, repairing, and remodeling. To revisit this article, visit My Profile, thenView saved stories. https://www.wsj.com/articles/ex-disney-ceo-michael-eisner-asks-225-million-for-malibu-home-11651158239. Advertisement Nearby: Gregory J. Bonann's House Encinal Bluffs Family Compound For non-personal use or to order multiple copies, please contact Ex-Disney CEO Michael Eisner Lists Malibu Estate for $225M - Robb Report Its all quite confusing to us. Natural light floods the home. We dunno! 3 min read There were rumblings across the Platinum Triangle back in 2007. 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. Homes spend an average of 88 days on the market. In 2017, he bought the Portsmouth Football Club for about $7.5 million. Theres also an elevator that takes you down to the beach. In order order to have $2.25 million after taxes, one would need to earn around $4.5 million in pre-tax income. Former Disney CEO Michael Eisner's $225 Million Malibu Estate - Yahoo We want to hear from you! 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. 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. Michael Eisner, if he still owns 14 million shares, would receive around $25 million per year from Disney dividends. Former Disney CEO Michael Eisner is selling his sprawling Malibu estate for $225 million, which would set a California record for priciest home sale. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. An underground tunnel from the pool area leads to a large movie theater. Former Disney CEO Michael Eisner set to sell his Malibu - DisneyDining Portuguese products available Online we mail to all lower 48 states. Eisner, at the time, was CEO of The Walt Disney Company and the face of the company until 2005. As it turned out, I was focusing too narrowly in my aerial gazing. It was a time of wonder and excitement and renewal.. Pricing for units ranges from $2 million to $10 million. 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. It has one of the greatest swimming pools of all time with a sweeping view of the Pacific. The co-op is being sold by the estate of the woman who bought it from Johnson. He hasnt yet returned any of Yolandas 14,823 phone calls. 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 . I quickly found the property, but I was confused. There's an underground tunnel that leads to a circular grassy knoll with a spa that overlooks the ocean. Yes! A grassy central courtyard with an arched loggia and edgeless swimming pool serves as the compounds boutique hotel-style town square. 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. All rights reserved. Send us a tip using our anonymous form. Jack Flemming covers luxury real estate for the Los Angeles Times. 3. There is a main residence, several guest homes and an oceanfront cabana accessed via a cliffside elevator; the latter is exceedingly rare for California, let alone Malibu. In a statement Arquitectonicas Bernardo Fort-Brescia said, 42 Pine represents an important urban design step for the area, adding that his team drew inspiration for their design from the idea of a hill town. Fort-Brescia continued, The expression is one of individual villa clusters to create a vertical neighborhood. The 16-bedrooms, 28-bath property is reminiscent of old estates along Frances Cte dAzur, he said. 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. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. Anthony Barcelo. Yours for $225 Million Sacramento Bee 74K subscribers Subscribe 2.1K views 7 months ago In what could break a California home. This Former N.Y.C. Sofia Vergara and Joe Manganiello Offering Beverly Hills Home for $18M. The New Taste: Join AD Experts at the Kitchen Workshop, Best known for skyscrapers like the 15 Central Park West, Stern designed for Eisner a 25,000-square-foot Mediterranean-style estate more suggestive of Provence or the French Riviera than SoCal. This incredible 4+ acre beachfront compound is located at 33550 Pacific Coast Highway in Malibu, California. Michael Eisner Lists Malibu Compound for $225 Million, a Zillow Gone 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. Yup, we said it warmer water, too. It is owned by Michael Eisner, who is the former chairman and CEO of The Walt Disney Company. Other Malibu homes have sold for soaring sums in recent years. Ex-Disney boss Eisner lists oceanfront Malibu compound for $225M 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. Maritime Hotel Was Transformed Into Luxe Condos. As we've stated already, this is located on an oceanfront bluff in Malibu. Besides. 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. Besides the main house, theres a gym, office, beach cottage, guesthouses, and an underground tunnel from the pool to a movie theater. 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. Get the latest scoop directly in your inbox. 2023 Dirt.com, LLC. If sold for $225 million, the home will break sale records in California, which was set last year when billionaire Silicon Valley venture capitalist.

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