There is a real spur of activity in Malibu Celebrity Real Estate this week! Olivia Newton John has finally sold her gorgeous Malibu property which, when initially re-marketed for over $12 million – which we announced on this blog.
Olivia Newton-John has sold the property for a knock down $10 million after being listed for 354 days. The property features a five bedroom, six bathroom main residence with a decent 6482 square feet of living space in a 1.28 acre compound. The buyer is a trust representing Patrick Kevin Morris and his wife, Gaby Morgerman – both entertainment industry heavyweights.
Also, Musician Beck has decided that to get a expedited sale on his Malibu home he has decided to reduce the properties asking price down from around $2.4 million to $2.345 million. The “hip mid century” 1600 square foot ranch style home is a great buy in a gorgeous location.
If you are interested in purchasing a property or selling a property in Malibu, Pacific Palisades or the surrounding Beverly Hills/southern California area then please contact Judy Kunisaki for professional real estate advice in the Westside Los Angeles area, on 310-317-8396 or via her online contact form on her website.
