Move over, “Billionaire.” The $150 million Bel Air home now has some company on the sands of Malibu, CA. An oceanfront estate in the posh beach community is on the market for $125 million, which could set a record for the area. A $125 million estate owned by entertainment mogul Ron Meyer is now the most expensive listing in the exclusive beach enclave of Malibu, California—a hotbed of high-end real estate. If it sells for its asking price, the contemporary, glass-covered home will set a record in Los Angeles County, according to listing broker Kurt Rappaport of Westside Estate Agency. The current record is held by last year’s $110 million sale on Carbon Beach, he said.
The NBC Universal vice chairman, 74, acquired the property in 1997, using an eponymous trust, property records show. It’s not clear how much he paid for the home, which was listed Wednesday.
Meyer and his longtime wife, Kelly Chapman Meyer, announced their split last year, which seems to have precipitated the home’s arrival on the market.
Set on over 3 acres atop a bluff, the property features six beds, 7.5 baths and 13,693 square feet of interior space.
Check out more of this amazing mansion in the images below
The layout includes high ceilings, walls of glass, and a great room that overlooks the lawn, ocean, and large swimming pool.
A long private staircase leads down to the beach, and at the top of the stairs, a hot tub is perfectly placed to take in the views of the shore. The secure home is accessed
through a gated entry and long driveway.
Malibu price tags have been making waves over the last couple of years. Malibu set a county record with the $110 million sale of Hard Rock Cafe co-founder Peter Morton’s home last year. Should the Meyer residence nab its stratospheric asking price, it could establish a new record for Los Angeles County.
By John Cicioni