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
(iStock)

Manhattan apartment vacancy smashes 5% barrier

Manhattan apartment vacancy smashes 5% barrier
(iStock)

Suburban housing market surged in August while Manhattan trailed

Suburban housing market surged in August while Manhattan trailed
(iStock)

Brooklyn and Queens Q2 sales fall at highest rate in decade

Brooklyn and Queens Q2 sales fall at highest rate in decade
Rent prices are going up while new leases are down

Manhattan, Brooklyn and Queens saw record low leasing activity in March

Manhattan, Brooklyn and Queens saw record low leasing activity in March
Presidential elections affect the residential sales market significantly (Credit: Getty Images, The White House)

This is how presidential elections really affect home sales

This is how presidential elections really affect home sales
(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

Residential rents continue upward march in Manhattan, Brooklyn and Queens
Presidential elections affect the residential sales market significantly (Credit: Getty Images, The White House)

This is how presidential elections really affect home sales

This is how presidential elections really affect home sales
(Credit: iStock)

Slowing sales and tumbling prices: A decade in Manhattan townhouse sales

Slowing sales and tumbling prices: A decade in Manhattan townhouse sales
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...