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. Eisner Property Parcels, Malibu Oceanfront Location: Google Maps. 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. Its steel casement windows and doors are a California riff on its Mediterranean revival of the 1920s and 1930s. 7681 April 27, 2023 Real Estate. Sellers on this level dont have to sell, and these kinds of buyers dont have to buy. We asked luxury experts to weigh in. Completion of 42 Pine is expected by the fourth quarter of 2023, with pricing ranges starting at $700,000 for one-bedroom units. 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. But outside is really the place to be there are covered and al fresco patios, a huge backyard fireplace and saltwater swimming pool. Sofia Vergara and Joe Manganiello Offering Beverly Hills Home for $18M. 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. Listing agent Kurt Rappaport calls it "one of the world's great . Get the latest scoop directly in your inbox. The Journal notes the current offering spans at least five separate parcels and the compound itself was gradually built over the course of decades, with the work wrapping up in 2020. . The estate sprawls over five acres. There are 9 buildings in all on the 5-acre property, including multiple guesthouses. All rights reserved. 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 wait, that's just one structure. As for the compound, it was designed by New York Citybased architect Robert A.M. Stern, former Yale School of Architecture dean. that the price is warranted because the home would be nearly impossible to recreate today because of its scale, location and beach access. See Massive Malibu Estate of Former Disney CEO Michael Eisner. Residents have access to resort-style amenities, including a rooftop pool, game room, and wellness center. 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. 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. Its in need of renovations, according to the listing from Iman Barkhordari of Douglas Elliman, but is still a special treasure.. If sold for $225 million, the home will break sale records in California, which was set last year when billionaire Silicon Valley venture capitalist. That Was A Smart Choice. https://www.wsj.com/articles/ex-disney-ceo-michael-eisner-asks-225-million-for-malibu-home-11651158239. The estate now comprises at least five separate parcels, records show. Residents can work out in the state of the art gym, work in . 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. It was designed by Robert A. M. Stern and was inspired by old estates in Provence . 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. All Rights Reserved. Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. Stern is known for his high-end apartment building projects in Manhattan, as well as some work on Disney World. Besides the main house, theres a gym, office, beach cottage, guesthouses, and an underground tunnel from the pool to a movie theater. The master bedroom has a vaulted ceiling and separate sitting room, and the master closet is decked out like a Rodeo Drive boutique. Why would Mr. Eisner move way down south? 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. JUNE 4-8: A California luxury road rally like no other. 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. P.S. 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. 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. Check into Howard Johnsons classic seven on the Upper East Side. Eric Braeden is staying positive amid his battle with prostate cancer. It will be very challenging to get the listed price, but this is a trophy property that checks all the boxes, says Perkins. Maritime Hotel Was Transformed Into Luxe Condos. The massive master-planned community is divided into 12 sections each featuring a grip of multimillion dollar Tuscan-style homes. 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. For context, when George Lucas sold Star Wars to Disney, he received $2.2 billion in cash and 37 million shares of Disney. All Rights Reserved. Billionaire Michael Eisner Offering Malibu Home for Reduced $195M. Eisner first floated the property in the spring of last year at $225 million. - Malibu, CA - Carolyn is a scarcely known figure but she sparked the emergence of incredible forces and people who live on in the American landscape. 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. So if Mr. Eisner is craving steak, its just a quick jog from home. 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. 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. Expect a record-breaking price.. The Eisners commissioned Stern, an architect known for designing New York City buildings such as 15 Central Park West, to design the property. Specs (approx.) Will Eisner get his record-breaking price tag? There's an underground tunnel that leads to a circular grassy knoll with a spa that overlooks the ocean. Get the Robb Report newsletter for similar stories delivered straight to your inbox. Robert A.M. Stern designed the Malibu property for former Disney CEO Michael Eisner. The deal might set a record for the costliest home ever sold in California if it finds a buyer. The compound was created over the decades and completed in 2020. Other amenities include a separate office, gym, pool and a movie theater, which is connected to the pool area via an underground tunnel. (Google Earth) By Jack Flemming. The Round Housedesigned by Sarasota School of Architecture partners Jack West and Elizabeth Boylston Waters. "The Young and The Restless" actor best known for . Over time, they constructed a total of nine buildings. (It appears the most recent deal happened off-market, though the house had been listed with a $12.5 million pricetag.). 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. In order order to have $2.25 million after taxes, one would need to earn around $4.5 million in pre-tax income. Price $225 million Architect Robert A.M. Stern Specs (approx.) 3. No joke. Other Malibu homes have sold for soaring sums in recent years. 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 want to hear from you! The gorgeous getaway has landed on the market for $225 million, according to the Wall Street Journal. Stone-covered structures with antique terra-cotta roofs set amid gardens and courtyards overlook the Pacific Ocean. Last year, Tinseltown scion Anders Eisner hes 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. Send me email updates and offers from TMZ and its Affiliates. Westside Estate Agencys Kurt Rappaport, who has the listing, tells AD PRO its one of the finest beachfront properties in the world.. Although the house has passed through numerous hands in the intervening half-century, the beauty is that they kept it as is, she said. A classic seven co-op that once belonged to Howard Deering Johnson is up for sale. Unfortunately, Ms. Rabe and her now-deceased ex got a divorce shortly after the lavish structure was completed. The current record is $177 million for another Malibu estate. (approx.) 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. This is an eye-popping, record-breaking listing his massive Malibu estate just went on the market for $225 million. You could call it the "house that Mouse built," since Michael Eisner spent twenty one years as the CEO of Disney, but to describe this property as a mere "house" would be like calling the Titanic a boat. micro wedding packages dfw; pygmy goats for sale in central illinois; My Cart The compound evokes classic European elegance. The Eisners primary home is in Bel Air, where since the 1990s theyve presided over a huge estate hidden behind an epically tall hedge. Designed by esteemed architect Robert A.M. Stern, the Mediterranean compound sprawls over about five extensively landscaped acres. The compound boasts 16 bedrooms, 22 bathrooms, and a movie theater. You may occasionally receive promotional content from the Los Angeles Times. 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. 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. 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. Yup, we said it warmer water, too. ex-Disney CEO Michael Eisner's home in Malibu, California. Michael Eisner is chasing a record on the bluffs of Malibu, listing his prized oceanfront compound for $225 million. It has a beachfront cabana reached by a cliff-side elevator. If Michael and his wife Jane get anywhere near that amount, it will smash the record for California's most-expensive home sale. 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. 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 real estate venture sees him eschewing traditional Platinum Triangle haunts. 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. Handel Architects developed the exterior of the 62-story striped skyscraper, which rises 805 feet to form an angled peak. 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. First picture is from our 2016 campaign photographed by Lisa Eisner. 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.. . ALL RIGHTS RESERVED. 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. 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. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Eric is related to John K Eisner and Wardell Eisner as well as 2 additional people. Eisner, a media mogul who served as chief executive of Walt Disney Co. from 1984 to 2005, has been assembling the compound for more than two decades. At the time, the figure being bandied about as the unverified asking price was in the neighborhood of $75 million. The Eisner estate, Mediterranean in style with nine structures on approximately 5 acres, packs a real punch. Heres a Look Inside. 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 lets the good times roll. Its all quite confusing to us. A first look at Gachot Studios interiors at Madison House. Besides. 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. Listing broker Kurt Rappaport of Westside Estate Agency told WSJ Eisner has decided to sell because he loves the creative process, and wants to find a new project. It cant hurt that hes likely to pocket a fortune on the deal, not to mention set a record. Architect Robert A.M. Stern. Eisners place is the most expensive listing in Malibu and in the entire country. He and his wife, Jane, purchased their first parcel of land here in the mid-1990s and have been adding adjacent lots since then. The home also has a pathway from the bluff to the beach.. shelled out $177 million for a Malibu compound. So hes got the cash for fun stuff like that. And then, of course, theres that view with the sunsets gently caressing Catalina. Jack Flemming covers luxury real estate for the Los Angeles Times. The main house is 25,000 square feet. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. As a result, Eisner was at times the highest-paid corporate executive in the world. Eisners ambitious asking price is due to the propertys unrivaled scope and somewhat-secret location. The U.S. record belongs to hedge fund manager Ken Griffin, who paid $238 million for a New York City penthouse in 2019. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. 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. If met, the compound's . Former Disney chairman and chief executive officer Michael Eisner is asking $225 million for his cliff-top compound in Malibu, Calif. That Malibu compound is one of the largest and perhaps the most visually arresting estates in the entire city. 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. 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. The firm has also completed several projects for Disney, including its Yacht Club Resort and the Roy E. Disney Animation Building in Burbank. A swimming pool overlooks the Pacific Ocean. With chalky white waxed plaster walls and muscular wood-beamed ceilings, interior spaces are furnished in a manner both comfortable and sophisticated. 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%.
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