Raze Barbie’s $25M Dream House: Jonathan Miller

TRD New York /
Feb.February 12, 2013 03:00 PM

Appraiser Jonathan Miller says that Barbie’s Malibu Dream House, which Trulia listed last week for $25 million as part of a Mattel marketing campaign, should be bulldozed, the New York Observer reported (presumably with tongue firmly in cheek). “I can’t imagine someone spending the $25 million on this,” Miller told the Observer, trying to make sense of the listing for the plastic house, which boasts “voluminous 119-centimeter ceilings,” a pink elevator and a rooftop hot tub.

It would be better for the investor to demolish the three-story structure and develop a beach-front property suited for real people — not Barbie and Ken, he added.

“It’s the first time in 41 years that Barbie put her dream house on the market,” a Trulia spokesperson told the Observer. “She’s been a homeowner for four decades and she decided she is ready to make a change in her life.”

The home doesn’t actually exist, the spokesperson confirmed, and the listing is part of a move by Mattel to introduce a new version of the Dream House. [NYO]Zachary Kussin


Related Articles

arrow_forward_ios
(Credit: iStock)

The city’s rental growth is slowing

The number of closed sales fell by more than 14 percent year over year in the third quarter (Credit: iStock)

Low mortgage rates are killing Manhattan’s all-cash buyer

The Amazon effect hasn’t touched the Queens rental market yet: Elliman report

The Amazon effect hasn’t touched the Queens rental market yet: Elliman report

CityPoint in Brooklyn

A broken record? Concessions again reach new highs in Brooklyn, Queens

43-25 Hunter Street in Long Island City

Rental concessions still sky high in Brooklyn and Queens

Concessions hit record highs once again in Brooklyn and Queens

Concessions hit record highs once again in Brooklyn and Queens

Concessions at BK rental apartments hit record seven-year high

Concessions at BK rental apartments hit record seven-year high

NYC resi rents remain flat in March: report

NYC resi rents remain flat in March: report

arrow_forward_ios