In a move we don’t often see, the owner of a real-life Malibu Sandcastle is placing the non-distressed property up for reserve auction to guarantee a sale. The home was built in 2005, listed for sale for $65,000,000 in 2008, but never found a well-heeled buyer. Now, the home is up for auction at a starting price of $22,000,000, making it the most expensive home to go to auction.
The home is an absolute beauty on Malibu’s famed Billionaire Beach, home to world famous celebrities and business moguls. The home sits on about .54 acres. Stunning and artfully crafted in every way, the extraordinary details include a 75 foot, two lane lap pool and spa, the largest ever permitted in Malibu. Although it’s a bonafide beach house, it has a green grassy side yard. To soak in the ocean views, the home possesses a 90 foot oceanfront great room and 40 foot oceanfront kitchen/family room. Both open to a 4,500 square foot oceanfront deck with outdoor kitchen. The approximately 10,500 square feet of living space includes 4 fireplaces, an exquisite library with a huge aquarium, oceanfront gym and office, 5 bedrooms en suite, plus an enormous oceanfront master suite with dual baths and two huge dressing rooms.
Get your paddle ready.
Hat tip to our friends at Forbes for their original feature on this property.