The Real Deal

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This week in celeb real estate: Former Malibu estate of Hollywood producer tardes off-market..and more.

This week, the former home of hotshot Hollywood producer and executive Brian Grazer traded for $25.4 million in an off-market deal. The Imagine Entertainment co-founder lived in the beachfront residence up until 2014, when he sold the mansion for $17.4 million. It’s been used as a pricey rental ever since, raking in up to $275,000 per month. With 6,000 square feet of living space, the Mediterranean-style home includes five bedrooms and eight bathrooms spread across three stories, the Los Angeles Times reported. It also features an art studio and media room, in addition to an indoor swimming pool. Markus Canter and his wife, Cristie St. James, had the listing.

Full article featured in The Real Deal on May 11, 2018 05:00 PM written by Natalie Hoberman. See full article here

Photos courtesy of Markus Canter, Berkshire Hathaway HomeServices California Properties