Synopsis:
- A Malibu mansion has sold for a record-breaking $210 million, becoming the most expensive home ever sold in California.
- The property boasts 15,000 square feet on nearly 10 acres of clifftop land with private beachfront access.
- The buyer remains anonymous but is clearly a member of the ultra-wealthy elite.
- This sale solidifies Malibu’s reputation as a haven for celebrities and billionaires seeking luxurious real estate.
Los Angeles, CA – June 20, 2024: The California real estate market has a new king. A Malibu mansion previously owned by James Jannard, founder of eyewear giant Oakley, has sold for a staggering $210 million, setting a new record for the most expensive home ever sold in the state.
This palatial property dwarfs the previous record held by a different Malibu estate, which was purchased by Beyonce and Jay-Z for $200 million last year. The newly crowned priciest home boasts a sprawling 15,000 square feet across nearly 10 acres of prime clifftop real estate. The estate offers breathtaking ocean views and includes a private stretch of coastline near El Pescador State Beach.
Details about the buyer remain shrouded in secrecy, with only a Delaware-based LLC listed on the paperwork. However, what’s clear is that this billionaire buyer is acquiring a piece of Californian paradise. The property boasts an array of luxurious amenities, including eight bedrooms, 14 bathrooms (perhaps a bit excessive!), a sprawling courtyard, a state-of-the-art gym, and even two guesthouses for hosting lavish gatherings.
Malibu Reigns Supreme
This record-breaking sale further cements Malibu’s status as a playground for the ultra-wealthy. With three of the most expensive homes in California now residing within its borders, Malibu seems to be the go-to destination for celebrities and billionaires seeking ultimate luxury living.
