Now in his 40s, Mr. Eisner is a born-and-bred LA guy his parents have long owned compounds in Bel Air and Malibu but his latest real estate venture sees him eschewing traditional Platinum Triangle haunts. Former Disney CEO Michael Eisner's $225 Million Malibu Estate Has a Cliffside Elevator to the Beach Poised to break sales records, the Robert A.M. Stern-designed estate also has an underground. There are 9 buildings in all on the 5-acre property, including multiple guesthouses. When it comes to design, our most crucial consideration is how the space will make someone feel at ease., 2023 Cond Nast. P.S. As noted by the property gossips as theWall Street Journal, the first to report the listing, if the estate sells for anywhere near its asking price, it will blow away the current record for the most expensive house ever sold in California, the $177 million venture capitalist Marc Andresson paid for fashion tycoon Serge Azrias huge spread above Malibus Paradise Cove late last year. If you've got enough money to afford a $225 million mansion, I hope you have about a billion more in cash sitting around the cover pesky little bills like property taxes. Eric has 6 jobs listed on their profile. But wait, that's just one structure. The Eisners primary home is in Bel Air, where since the 1990s theyve presided over a huge estate hidden behind an epically tall hedge. Michael Eisner lists Malibu compound for record $225 million. In 2002, a securities report showed that Michael owned 14 million shares of Disney. It's even got a cabana on a bluff with its own elevator that will take you down to the beach!!! The 25,000-square-foot Mediterranean-style compound spans five acres and includes nine buildings linked by gardens and courtyards on a bluff overlooking the Pacific Ocean, the Wall Street Journal reported. Send us a tip using our anonymous form. It has a beachfront cabana reached by a cliff-side elevator. Our six-week newsletter will help you make the right decision for you and your property. 25,000 square feet, 16 bedrooms, 28 bathrooms Lot Size 5 acres There were rumblings across the Platinum Triangle back in 2007 that former Disney chairman and CEO Michael Eisner was looking to unload his family compound in Malibu. It has one of the greatest swimming pools of all time with a sweeping view of the Pacific. (approx.) ", And speaking of "otherworldly" things, let's talk about the price tag. All Rights Reserved. The Eisner estate, Mediterranean in style with nine structures on approximately 5 acres, packs a real punch. It was designed by Robert A. M. Stern and was inspired by old estates in Provence . The Journal notes that the couple has since bought at least two more properties in Malibu since that record-breaking buy. With chalky white waxed plaster walls and muscular wood-beamed ceilings, interior spaces are furnished in a manner both comfortable and sophisticated. This lush materiality brings warmth and context to the buildings monumental scale. Gachots team designed the amenities spaces the same way we would design a private members club, she adds. To take advantage of Madison Houses extraordinary height and showcase the great views, we employed generous planes of rich, natural materials and hand-applied finishes, cofounder Christine Gachot tells AD PRO. Eisner and his wife spent 25 years scooping up land and building on the properties. that the price is warranted because the home would be nearly impossible to recreate today because of its scale, location and beach access. If the deal closes for that amount, the home will be the. 2023 NYP Holdings, Inc. All Rights Reserved, Donald Sutherlands 36-year California home he gave up for Florida lists for rent, Inside Sofia Richie and Elliot Grainges $26.9M newlywed mansion, Tommy Lees hillside Calabasas mansion finally sells at a loss, Ex-NBA star sold Fla. house because state wont accept his transgender child. Spanning about 25,000 square feet all together, there are a total of 16 bedrooms and 28 bathrooms between the main house, several guesthouses, and two-bedroom caretakers cottage. They have also lived in West Hollywood, CA and Encino, CA. If met, the compound's . For context, when George Lucas sold Star Wars to Disney, he received $2.2 billion in cash and 37 million shares of Disney. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Anthony Barcelo, The movie theater connects to the pool area via an underground tunnel. There's an oceanfront cabana structure that is reached via elevator. Former Disney chairman and chief executive officer Michael Eisner is asking $225 million for his cliff-top compound in Malibu, Calif. Michael Eisner is chasing a record on the bluffs of Malibu, listing his prized oceanfront compound for $225 million. The New Taste: Join AD Experts at the Kitchen Workshop, Best known for skyscrapers like the 15 Central Park West, Stern designed for Eisner a 25,000-square-foot Mediterranean-style estate more suggestive of Provence or the French Riviera than SoCal. There are 5 beds and 5.5 baths packed into the structure, including one bedroom done up with a rather frilly cornflower blue decor. It was built in 2002 and is comprised of 9 structures. Alternatively, a cliffside elevator whisks beachgoers down the bluff. The current record is $177 million for another Malibu estate. That Was A Smart Choice. You could describe it as the house that mouse built, but to call this a house would not be remotely accurate. He hasnt yet returned any of Yolandas 14,823 phone calls. He and his wife, Jane, purchased their first parcel of land here in the mid-1990s and have been adding adjacent lots since then. He (and his young family) have quietly plunked down $11,500,000 for a large home in the Crystal Cove guard-gated community within Newport Coast. . A grassy central courtyard with an arched loggia and edgeless swimming pool serves as the compounds boutique hotel-style town square. It was a time of wonder and excitement and renewal.. Portuguese products available Online we mail to all lower 48 states. Electrician Frank Williams built the cylindrical abode in 1971, inspired by the nearby Hilton Leech Art Studioa.k.a. In the rarefied housing market involving nine-digit price tags, urgency isnt a huge issue. And as we always like to discuss when we explore insane real estate, let's compute some property taxes. Anthony Barcelo. Deal anywhere close to $225M ask on five-acre compound on beach would surpass Marc Andreesens record, Michael Eisner, former CEO, Disney, in front of his cliffside Malibu estate (Ramsa Houses, Ed Schipul, CC BY-SA 2.0 - via Wikimedia Commons, iStock). First picture is from our 2016 campaign photographed by Lisa Eisner. Her work has appeared on Yahoo, New York Post, and SFGATE. The Malibu property has unrivaled views over the Pacific Ocean. You Do ADU, Part 1: Thousands of Californians are building ADUs. Mushka Jacobson with Douglas Elliman is managing sales and marketing. The listing agent, Kurt Rappaport of Westside Estate Agency, notes the assemblage represents a once-in-a-lifetime opportunity to acquire one of the worlds great properties.. Michael Eisner, 80, the former chairman and CEO of Disney, is listing a grand compound in Malibu for a cool $225 million. But anyway. Dirt is a part of Penske Media Corporation. Other amenities include a separate office, gym, pool and a movie theater, which is connected to the pool area via an underground tunnel. Eisner, at the time, was CEO of The Walt Disney Company and the face of the company until 2005. Rapper The Kid Laroi Spends Millions on Rockstar-Worthy LA Home, Drakes Onetime Trousdale Estates Rental Mansion Is Back, Asking $62 Million, Hollywood Heavyweights Barry Jenkins, Lulu Wang Buy Apartment in 1920s NYC Building, https://www.youtube.com/watch?v=O-OCHb49qTc, A Whimsical Sausalito Houseboat Stars on 'The Last Thing He Told Me', Gloria Vanderbilt's Former Townhouse Gets $11 Million Price Tag, Steeped in History, a Silent Film Stars Former Malibu Beach House Asks $25 Million, Charm Meets Elegance at 1930s Traditional Home in Westwood, With Its Modernist Simplicity, a Brand-New Florida Home May Set Town Record. Time will ultimately tell, but all signs are pointing to another record being set.. Anthony Barcelo. Just not safe, A proposed 50-story skyscraper in this San Francisco neighborhood would stick out, First Republic: Cheap, interest-only jumbo mortgages to Silicon Valleys elite fueled the banks failure, SpaceX used wildlife preserve as dumping ground for space waste, lawsuit alleges, This Barbie is a Hollywood legend: Mattel debuts elegant Anna May Wong doll, Musk said hed never settle an unjust legal case against him. Submit a correction suggestion and help us fix it! Over the following decades they acquired FOUR more parcels for a total of five spread over five acres. Or so Yolanda believes. Across the property, there are 16 bedrooms and 28 bathrooms, not including the two-bedroom caretakers cottage. Residents can work out in the state of the art gym, work in . Styles Featured: Airdale. . All rights reserved. Before you scoff at this, let us tick off the amenities. Homes - Celebrity - Entertainment - Misc Links: realestalker.blogspot.com By: dawurz Advertisement Celebrity Homes Mailing List Policies kjfitz @ 2007-05-25 08:37:32 Welcome to VGT! Light streams through steel-trimmed casement windows, while the stone floors continue out to covered porches and open terraces. $9.4M Beverly Hills House Listing Comes With Home in the Metaverse (Exclusive) Records show Eisner, and his wife, Jane Eisner, acquired the first of the five parcels that comprise their super . Stone-covered structures with antique terra-cotta roofs set amid gardens and courtyards overlook the Pacific Ocean. Eisners oceanfront complex houses nine structures in all, with 16 bedrooms and 22 bathrooms spread across a main house, a caretakers cottage, and several guesthouses. Former Disney CEO Michael Eisner is listing his cliffside Malibu estate for $225 million - and a price anywhere close would be the most expensive home sold in the history of California. He just settled this one. As we've stated already, this is located on an oceanfront bluff in Malibu. A deal anywhere near his asking price would set a sales record in California, set less than six month ago with the $177 million paid for a seven-acre Malibu spread by venture capitalist Marc Andreessen and his wife, Laura Arrillaga-Andreessen, who have since bought two more properties along the beach. "The Young and The Restless" actor best known for . Residents have access to resort-style amenities, including a rooftop pool, game room, and wellness center. It is owned by Michael Eisner, who is the former chairman and CEO of The Walt Disney Company. In this roundup, AD PRO has everything you need to know. View Eric Eisner's profile on LinkedIn, the world's largest professional community. Theres no other property like it in terms of size and location, adds Turturici. Tapia snapped up the house in 2018 for just under $230,000 and spent the following yearand more than $70,000clearing, repairing, and remodeling. Four Seasons New Orleans Private Residences. Rappaport added that Michael Eisner wants to sell because he loves the creative process and seeks his next project. The Big Easy is readying for its tallest condo tower with the opening of the Four Seasons New Orleans Private Residences on Canal Street. There are 16 bedrooms and 28 bathrooms. See more ideas about malibu homes, malibu, real estate. It's even got a cabana on a bluff. Get TMZ breaking news sent right to your browser! https://www.wsj.com/articles/ex-disney-ceo-michael-eisner-asks-225-million-for-malibu-home-11651158239. Last year, Tinseltown scion Anders Eisner he's the youngest son of former Disney CEO Michael Eisner and his longtime wife Terena Thyne Eisner sold their family home for $12.8 million, a new record for the so-called "Little Holmby" neighborhood.. Now in his 40s, Mr. Eisner is a born-and-bred LA guy his parents have long owned compounds in Bel Air and Malibu but his latest . At the time, the figure being bandied about as the unverified asking price was in the neighborhood of $75 million. You may occasionally receive promotional content from the Los Angeles Times. Former Disney chairman and chief executive officer Michael Eisner is asking $225 million for his cliff-top compound in Malibu, Calif. Spanning nearly 5 acres, the estate sits on a bluff above Watkins Cove a small, secluded beach thats difficult for the public to access because of the tide. Edward Hamm Jr., a movie producer and heir to the Hamm's Beer fortune, was revealed as the buyer of . Peter Aaron/OTTO, There are many spaces to enjoy the outdoors. We dunno! (Papa Eisner, of course, is a Forbes-listed billionaire who had an epicly long tenure as Disneys CEO he was basically King Disney for decades. All Rights Reserved. Eisner is selling because he loves the creative process and wants to find another project, Rappaport said. JUNE 4-8: A California luxury road rally like no other. As for the compound, it was designed by New York Citybased architect Robert A.M. Stern, former Yale School of Architecture dean. Yes, kids down behind the feared Orange Curtain. There are 16 bedrooms, 28 bathrooms across the main house and the guest houses, and a two-bedroom caretaker's house is also on the grounds. Get our latest stories in the feed of your favorite networks. April 24, 2023 12:43 PM PT. In total, the estate comprises five parcels of land and was gradually constructed over decades until it was finally completed in 2020. Four Seasons New Orleans lets the good times roll. There is a main residence, several guest homes and an oceanfront cabana accessed via a cliffside elevator; the latter is exceedingly rare for California, let alone Malibu. Lot Size 5 acres. The home has received nearly 123,000 likes on Zillow Gone Wilds Twitter. Advertisement Nearby: Gregory J. Bonann's House Encinal Bluffs Family Compound Their village-like compound spans several acres and has plenty of space for weekend guests. The US government eventually seized the Malibu mega-manse from Mr. Obiang money laundering is a big no-no here in the States and resold it for $33.5 million to Mexican investor Mauricio Oberfeld and powerhouse realtor Mauricio Umansky. A deal has to make sense for both parties, says Ameer. shelled out $177 million for a Malibu compound. In 2017, after a remodel, the estate was flipped for a berserk $70 million to Hong Kong heiress Karen Lo. Stern is known for his high-end apartment building projects in Manhattan, as well as some work on Disney World. The main house is 25,000 square feet. When Steve Jobs sold Pixar to Disney, he received 138 million shares of Disney which made him the company's largest individual shareholder BY FAR. Former Disney CEO Michael Eisner is selling his sprawling Malibu estate for $225 million, which would set a California record for priciest home sale. This Former N.Y.C. But hey. I quickly found the property, but I was confused. He also says that Eisner loves the creative process and is selling to start another project elsewhere. The property is spread over . There are 9 buildings in all on the 5-acre property, including multiple guesthouses. The home also has a pathway from the bluff to the beach.. ex-Disney CEO Michael Eisner's home in Malibu, California. But let it be known that the southern OC beaches are (generally) prettier and cleaner than most LA beaches. - Malibu, CA - Carolyn is a scarcely known figure but she sparked the emergence of incredible forces and people who live on in the American landscape. Former Disney CEO Michael Eisner seeks $225 million for sprawling Malibu estate. A village-like assemblage of structures linked by a series of garden courtyards and meandering stone paths, the buildings are faced in hand-set limestone rubble and capped with antique terra-cotta roofs tiles. To revisit this article, visit My Profile, thenView saved stories. Malibu real estate prices have been booming in recent years, but this hilltop home is sure to break sale records for both Malibu and the state of California. Michael Eisner has listed his Malibu house for sale at $225 million. If an ultra-high-net-worth buyer sweeps up the amenity-loaded cliff-top spread for that price, the deal would set a record for the priciest home ever sold in California, according to the Wall Street Journal, which first reported news of this listing. Whats more: a sale at that sky-high sum would also mark one of the priciest residential transactions in the world. He bought up those properties over many, many years and assembled all this land. The home of Michael and Jane Eisner in Malibu, Calif., is asking $225 million. when George Lucas sold Star Wars to Disney. In a statement Arquitectonicas Bernardo Fort-Brescia said, 42 Pine represents an important urban design step for the area, adding that his team drew inspiration for their design from the idea of a hill town. Fort-Brescia continued, The expression is one of individual villa clusters to create a vertical neighborhood. Our Ms. Rabe paid exactly $9 million for the property in 2008 a couple years after unloading her Malibu monster and lived here for a full decade before getting $11.5 million from the Eisners. Sales have launched at 42 Pine, the first luxury boutique building in Miami Beachs 41st Street and Pine Tree Drive neighborhood, with architecture and interiors by renowned local firm Arquitectonica. Eisners offering is unique as he began buying land in Malibu in the 1990s, amassing multiple parcels, according to the Los Angeles Times. Why would Mr. Eisner move way down south? But outside is really the place to be there are covered and al fresco patios, a huge backyard fireplace and saltwater swimming pool. Looks like it's gonna pay off, big time. Its such a 1960s building. Last year, Tinseltown scion Anders Eisner hes the youngest son of former Disney CEO Michael Eisner and his longtime wife Terena Thyne Eisner sold their family home for $12.8 million, a new record for the so-called Little Holmby neighborhood. Michael Eisner, if he still owns 14 million shares, would receive around $25 million per year from Disney dividends. Among the other perks: a gym, a pool that looks out to the Pacific and, from the pool area, a tunnel that leads to a movie theater with a large screen and several rows of plush seating. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Car dealer sets Palm Beach resi record with $170M purchase, Hard Rock founders Malibu mansion nabs title of priciest home sale in LA County, Andreessen plucks third home along Malibu beachfront. Michael Eisner doesn't think small: The ex-Disney CEO has listed his five-acre Malibu compound for a whopping $225 million. But wait, that's just one structure. But if our boy ever homesick, he can simply hop in his automobile and drive two hours up PCH to his parents longtime Malibu residence. If the coastal retreat gets anything close to its asking price, itll go down as the highest-priced sale in California. Yes! Michael Eisner's Malibu, CA, compound (Realtor.com) With a total of nine structures, the compound offers 25,025 square feet of living space, including 16 bedrooms and 22 bathrooms. As a result, Eisner was at times the highest-paid corporate executive in the world. Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. If he gets close to that price, the homedesigned by AD 100 Hall of. A first look at Gachot Studios interiors at Madison House. An underground tunnel from the pool area leads to a large movie theater. Ad Choices, Michael Eisner Lists Malibu Compound for $225 Million, a Zillow Gone Wild Listing Takes Over Twitter, and More Real Estate News, Peter Jenningss Co-Op Lists for $10.45 Million, the Cities With the Highest Property Taxes Revealed, and More Real Estate News, Kenny Rogerss Former Abode Is for Sale, a Richard Neutra Home Hits the Market, and More Real Estate News, Jim Carrey Lists His Brentwood Mansion, a Landmark Modernist Home Hits the Market, and More Real Estate News.

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