Real Estate Industry News

A cliffside Malibu estate that once belonged to supermodel Cindy Crawford has just been listed for $99.5 million, making it one of the most expensive homes in California. The current owners, who bought the property in 2018 from Crawford and her husband, Rande Gerber, are retired hedge-fund manager Adam Weiss and his wife, actress Barret Swatek, who’s best known for her work on Yellowstone, according to Architectural Digest.

The contemporary mansion sits behind gates on over three acres of manicured grounds above Malibu’s El Sol Beach. A private path leads down to the white sandy beach, accessible only to the handful of surrounding mansions that make up the neighborhood. The house was designed to take advantage of panoramic views of the shore. Mature trees, including palms, surround the house, adding natural beauty and character.

The two-story, red-roofed Mediterranean style residence spans 7,450 square feet. With a chic, airy floor plan, the main floor is complete with a great room combining the living room, den, dining area and gourmet kitchen. Floor-to-ceiling sliding glass doors showcase the ocean, beach and coastline views, and open onto the wraparound deck with firepit.

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The grand primary suite includes a fireplace and sitting area, as well as dual spa-like bathrooms and a walk-in closet. The other bedrooms include their own en-suites, with one having a private entrance, bathroom and kitchen. A gym with vaulted ceilings and a media room complete the villa.

Tennis courts, a spectacular pool and spa, including a cabana with its own fireplace, and expansive decks provide options for entertaining and enjoying the stellar sunsets for which Malibu is known, according to TopTenRealEstateDeals.com. Nearby options for entertainment include the Malibu Riding and Tennis Club and the famous Paradise Cove Beach Cafe, with the boutiques and restaurants at the Malibu Country Mart just a scenic 15-minute drive down the coast.

Malibu is, as it says on the signs, “21 miles of scenic beauty” along the coast of California just west of Los Angeles. Once a sleepy beach town whose residents rode horses along curbless streets, it has seen the development of spectacular mansions and upscale shops in recent years. The city is extremely popular with celebrities. Just a few of its notable residents include Leonardo DiCaprio, Miley Cyrus, Jack Nicholson, Paris Hilton, Britney Spears and Cher.