Group 4 Created with Sketch.

Trulia Blog

CBS Head Honcho Leslie Moonves Buys Paul Allen’s Malibu Estate On Carbon Beach For $28.8 Million

From one mogul to another!

CBS Chairman and CEO Leslie Moonves and his wife, TV personality Julie Chen, have just purchased a beachfront Malibu estate from Microsoft co-founder (and billionaire) Paul Allen, paying $28,800,000. The deal closed on April 2, 2014 – just in time for summer!

The massive home has 5 bedrooms, 7 bathrooms, 5,794 square feet, and sits on prime beachfront property on Malibu’s exclusive and coveted Carbon Beach. Allen purchased the home on June 9, 2010 for $25,067,500.

Moonves’ house is next door to the John Lautner house formerly owned by Courteney Cox and David Arquette, which they sold to former Los Angeles Dodgers owners (and now divorced) Frank and Jamie McCourt on July 31, 2007 for $27,250,000.

Leslie and Julie are upgrading their lives in Malibu, trading a 3 bedroom, 4 bathroom, 3,014 square foot home on La Costa Beach for their new Carbon Beach digs. Their former Malibu estate is on the market with a $12,995,000 price tag.

Moonves also owns a $14 million mansion in Beverly Hills and a condo in Pacific Palisades.

Images via Bing and Google maps.