Eisner is seeking to cash in on a high-flying market untouched by global concerns over inflation, war, or interest rates. (It appears the most recent deal happened off-market, though the house had been listed with a $12.5 million pricetag.) Eric has 6 jobs listed on their profile. 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. In this roundup, AD PRO has everything you need to know. Designed by Robert AM Stern, the Tuscan compound is comprised of nine structures totaling over 25,000 square feet and features 16 bedrooms, 22 bathrooms, sprawling lawns, and a pool. And just outside the main gatehouse is Mastros Ocean Club! You Do ADU, Part 1: Thousands of Californians are building ADUs. (It appears the most recent deal happened off-market, though the house had been listed with a $12.5 million pricetag.). 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. 2023 Dirt.com, LLC. 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. Send us a tip using our anonymous form. The Eisners commissioned Stern, an architect known for designing New York City buildings such as 15 Central Park West, to design the property. Its all quite confusing to us. 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. 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. Time will ultimately tell, but all signs are pointing to another record being set.. 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 New York native also owns a compound in Bel-Air. Michael Eisner's House in Malibu, CA (#3) - Virtual Globetrotting Over the following decades they acquired FOUR more parcels for a total of five spread over five acres. There are 5 beds and 5.5 baths packed into the structure, including one bedroom done up with a rather frilly cornflower blue decor. Styles Featured: Airdale. The compound was created over the decades and completed in 2020. Eisner and his wife, Jane Eisner, bought a piece of land on the bluffs in the mid-1990s and have been adding adjacent parcels since then, Rappaport told the newspaper. For those not familiar with Crystal Cove, the guard-gated enclave lies just off PCH, in the Newport Coast hills overlooking the Pacific. Unfortunately, Ms. Rabe and her now-deceased ex got a divorce shortly after the lavish structure was completed. Shellstone paths wind down the bluff, past a horizon-edge spa, to a spacious two-story cabana nestled the rocks just above tiny and all-but-private Watkins Cove beach. Will Eisner get his record-breaking price tag? 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. Eisners place is the most expensive listing in Malibu and in the entire country. As it turned out, I was focusing too narrowly in my aerial gazing. Eisner first floated the property in the spring of last year at $225 million. So hes got the cash for fun stuff like that. In 2017, after a remodel, the estate was flipped for a berserk $70 million to Hong Kong heiress Karen Lo. Interiors at New York Citys Handel Architectsdeveloped Madison House were designed by Gachot Studios. Experience extraordinary with us this June. If you've got enough money to afford a $225 million mansion, I hope you have about a billion more in cash sitting around the cover pesky little bills like property taxes. But anyway. In total, the estate comprises five parcels of land and was gradually constructed over decades until it was finally completed in 2020. Nine stone structures are spread across the grounds including a main house, multiple guesthouses, an office and gym. Or so Yolanda believes. eric eisner wife 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. The hotel, which operates on the lower floors, opened last fall. Listing agent Kurt Rappaport calls it "one of the world's great . Michael Eisner's House in Malibu, CA (Google Maps) (#3) Condominiums at the Four Seasons New Orleans have already attracted high-profile buyers like Boysie Bollinger and Drew Brees. 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. 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 listing agent, Kurt Rappaport of Westside Estate Agency, tells WSJ that the price is warranted because the home would be nearly impossible to recreate today because of its scale, location and beach access. And then, of course, theres that view with the sunsets gently caressing Catalina. 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. 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. But let it be known that the southern OC beaches are (generally) prettier and cleaner than most LA beaches. Eisner bought the first parcel on the bluffs in the mid-1990s and began adding adjacent lots until he completed the compound in 2020. The Eisners have three young sons, so we imagine theyll be pretty busy shuttling the kids to/from school and extracurricular activities. If the coastal retreat gets anything close to its asking price, itll go down as the highest-priced sale in California. The 80-year-old media- and entertainment-industry veteran served as chief executive of Disney from 1984 to 2005. Eisners offering is unique as he began buying land in Malibu in the 1990s, amassing multiple parcels, according to the Los Angeles Times. 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. It has a beachfront cabana reached by a cliff-side elevator. ", And speaking of "otherworldly" things, let's talk about the price tag. Eric is related to John K Eisner and Wardell Eisner as well as 2 additional people. A first look at Gachot Studios interiors at Madison House. $9.4M Beverly Hills House Listing Comes With Home in the Metaverse (Exclusive) Records show Eisner, and his wife, Jane Eisner, acquired the first of the five parcels that comprise their super . A classic seven co-op that once belonged to Howard Deering Johnson is up for sale. Eisner Eyes California Record With $225M Price On Malibu Estate The deal might set a record for the costliest home ever sold in California if it finds a buyer. Submit a correction suggestion and help us fix it! 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. Former Disney CEO and chairman Michael Eisner, 80, has put his Malibu estate on the market and is looking to pull California's largest-ever price tag for a home sale. Its steel casement windows and doors are a California riff on its Mediterranean revival of the 1920s and 1930s. Past wrought iron gates lies the 7,837-square-foot mansion, which is done up in neutral tones and features wide-plank hardwood floors and a host of custom moldings. He just settled this one. Michael Eisner is chasing a record on the bluffs of Malibu, listing his prized oceanfront compound for $225 million. 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. The property is spread over . Before you scoff at this, let us tick off the amenities. Venture capitalist Marc Andreessen and his wife, Laura Arrillaga-Andreessen, set the current California record in late 2021 with the $177 million purchase of fashion tycoon Serge Azrias Malibu compound. Aerial photograph of the Malibu Movie Colony and the Malibu Pier beyond, 1930s. Architectural Digest may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Steinman House, 1956, Malibu, CA. All Rights Reserved. This big ol Tuscan thing was spec-built in 2006. 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. Claudine Zap covers celebrity real estate, housing trends, and unique home stories. You wouldnt be able to do that today, says Jack Turturici Jr. with Douglas Elliman. It's even got a cabana on a bluff with its own elevator that will take you down to the beach!!! May 11, 2022 - Explore Christophe Choo - Coldwell Ban's board "Malibu Homes For Sale & Real Estate - 90265", followed by 4,382 people on Pinterest. He now heads the investment firm the Tornante Company, through which he owns Britains Portsmouth Football Club. The main residence spans 25,000 square feet, and the interiors throughout the entire estate are a rustic-beachy style, dominated by vaulted ceilings with exposed beams, large arched windows that capture ocean views, natural wood features and a neutral color palette. How could this be a $200+ million property: That's certainly a very nice multi-structure house with a gorgeous pool, seemingly-fantastic ocean views and an impressive circular driveway. 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. Four Seasons New Orleans Private Residences. Eisner and his wife spent 25 years scooping up land and building on the properties. There are 9 buildings in all on the 5-acre property, including multiple guesthouses. 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. Robert A.M. Stern designed the Malibu property for former Disney CEO Michael Eisner. Ex-Disney CEO Michael Eisner Lists Malibu Estate for Record - TMZ That's the same as earning around $400 million in today's dollars. 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. 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. 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. He also says that Eisner loves the creative process and is selling to start another project elsewhere. ), Listing agent: Mickey Hartling, Seven Gables, Get our latest stories in the feed of your favorite networks. Ex-Disney boss Eisner lists oceanfront Malibu compound for $225M He also says that Eisner loves the creative process and is selling to start another project elsewhere. Former Disney CEO Michael Eisner set to sell his Malibu - DisneyDining Turns out Mr. Eisners Crystal Cove mansion was sold to him by someone Yolanda has also previously discussed her name is Karen Rabe. We've received your submission. To revisit this article, select My Account, thenView saved stories. Yours for $225 Million Sacramento Bee 74K subscribers Subscribe 2.1K views 7 months ago In what could break a California home. Yes! It's unclear how many of those shares he owns today since he is no longer a company executive and does not own enough shares to require a disclosure. She is only accepting cash offers. 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. And now, Eisner is looking to sell his Malibu seaside compound for $225 million. In the rarefied housing market involving nine-digit price tags, urgency isnt a huge issue. Eisner is hoping to sell for a record-setting sum. Michael Eisner, 80, the former chairman and CEO of Disney, is listing a grand compound in Malibu for a cool $225 million. All Rights Reserved. Michael Eisner doesn't think small: The ex-Disney CEO has listed his five-acre Malibu compound for a whopping $225 million. Michael Eisner's sprawling/palatial compound/estate/mansion was just listed for. See Massive Malibu Estate of Former Disney CEO Michael Eisner - YouTube Michael Eisner Seeks Record Sale with $225M Price on Malibu Compound Get the latest scoop directly in your inbox. 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. that the price is warranted because the home would be nearly impossible to recreate today because of its scale, location and beach access. Expect a record-breaking price.. This jaw-dropping property features nine separate structures over five acres, which are connected via winding landscaped stone pathways, gardens and courtyards. 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. 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. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. They have also lived in West Hollywood, CA and Encino, CA. Ms. Rabe continued living in the massive home for some years but eventually sold it for $30 million to Teodorin Obiang, the son of African dictator Teodoro Obiang. He and his wife, Jane, purchased their first parcel of land here in the mid-1990s and have been adding adjacent lots since then. Get the Robb Report newsletter for similar stories delivered straight to your inbox. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. micro wedding packages dfw; pygmy goats for sale in central illinois; My Cart 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. The Journal notes that the couple has since bought at least two more properties in Malibu since that record-breaking buy. It was a time of wonder and excitement and renewal.. 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. Williams built the cabinets, he built everything, owner Sue Tapia recently told Sarasota Magazine. See Massive Malibu Estate of Former Disney CEO Michael Eisner. ex-Disney CEO Michael Eisner's home in Malibu, California. 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 . Anthony Barcelo. 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 . Pricing for units ranges from $2 million to $10 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!!! The Eisner estate, Mediterranean in style with nine structures on approximately 5 acres, packs a real punch. Marc Andreessen pays record $177 million for Malibu mansion - Los Shop . There are NINE structures spanning 25,000 square feet of living space. Yup, we said it warmer water, too. If the deal closes for that amount, the home will be the. Billionaire Michael Eisner Offering Malibu Home for Reduced $195M. Jack Flemming covers luxury real estate for the Los Angeles Times. In 2017, he bought the Portsmouth Football Club for about $7.5 million. 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. Peter Aaron/OTTO, There are many spaces to enjoy the outdoors. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Step Inside Stacey Bendet's Art-Filled Fantasia in Manhattan's Upper This 5-acre estate on Malibu's Encinal Bluffs is situated above a largely private beach. By subscribing, I agree to the Privacy Policy and Terms of Use, 2023 EHM PRODUCTIONS,INC. 2023 Celebrity Net Worth / All Rights Reserved. Architect Robert A.M. Stern. 3. To revisit this article, visit My Profile, thenView saved stories. Yes, kids down behind the feared Orange Curtain. Thanks for contacting us. 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.
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