Malibu Celebrity Real Estate Update: Frank McCourt Buys Beach Home Next Door!

LA Dodgers owner bought house next door to his formerly Cox-Arquette owned home

Frank McCourt, owner of the LA Dodgers is not just happy with paying $33.5 million for Courney Cox & David Arquette’s beachfront mansion he has gone so far as to purchase the neighboring property for $19.5 million!

The original $33.5 million dollar purchase was listed in the Forbes top ten most expensive home sales of 2007! The new owner of the home must really like the beachfront lifestyle!

The LA Times broke the story on January 27th. Frank McCourt and his partner Jamie are LA Real Estate regulars.

The new property next door to their existing Malibu one is not quite as glamorous as the palatial architect designed home they purchased last year, the recent $19 million purchase is of more modest taste and is a 3 bedroom bungalow with 2 bathrooms arranged over under 2000 square feet with 66 feet of beach frontage, built in 1949.

They have already started work on renovating the property.

If you feel like having your own beach house on Carbon Beach or a neat bungalow in the Santa Monica Mountains with views over the Pacific Ocean feel free to contact Judy Kunisaki for professional Real Estate Advice. You can contact her on 310-317-8396 or by clicking on "Contact Judy" above.


You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

AddThis Social Bookmark Button

Comments are closed.