Dave Matthews, the musician who has seen off-the-charts success as frontman of “The Dave Matthews Band,” has just put some of that music money to work — the singer just paid $6,575,000 for a six-bedroom, five-and-a-half bathroom estate in Malibu, according to The Real Estalker. That’s mere pocket change for a guy whose band is one the highest grossing groups of all time. During the period from 2000 to 2010, the Dave Matthews Band sold more tickets and earned more money than any other act in North America. Even more than ‘N Sync, Britney Spears, and the rest of the red-hot pop stars of that time.
Since Matthews has made big money in the music biz, he’s investing in real estate. This most recent purchase is a ‘European Country Estate’ in a prime Malibu location. Situated on 1.78 acres of rare flat land in the sought after Point Dume area, the newly renovated home clocks in at approximately 7,000 square feet. The property also features a pool, spa, and Riviera III beach rights down to Little Dume Beach. Additionally, the estate comes with active plans and permits with the City of Malibu for a 900-square-foot guest house — a recording studio, perhaps? Extensive gardens and an apple orchard round out the large parcel’s lush grounds, which also offer plenty of space for a tennis court and/or horses.