Lionsgate owners want $32.5M for Malibu pad

James and Eleanor Randall formerly listed the property as a $100K a month rental

TRD LOS ANGELES /
Jan.January 19, 2017 09:30 AM

James Randall, the rivet mogul turned philanthropist who bought the famed Bel Air Lionsgate estate for $46.25 million in 2015, is seeking a buyer for another of his trophy pads— a six bedroom bluff-top property in Malibu.

He and his wife Eleanor have listed the Pacific Coast Highway property for $32.5 million, according to Zillow and PropertyShark records. It was previously on the market as a rental, asking $100,000 a month.

The 13,000-square-foot French Regency style estate comprises a two-story main house with six bedrooms, a theater, a billiards room and a formal dining room as well as two additional guest houses. The landscaped grounds include a swimming pool, a championship floodlit tennis court and several outdoor entertainment areas, according to the listing.

The brokers listing the property, Irene Dazzan-Palmer & Sandro Dazzan, did not immediately respond to a request for comment.

The Randalls took the title of the property from their neighbor, developer Albert Sweet, in 2011, records show.

The couple, who reportedly lives primarily in Bradbury, made the bulk of their fortune in 2014, when they sold Randall’s aerospace rivet manufacturing company, Allfast Fastening Systems, for $360 million. They reportedly plan to use the Lionsgate property, the 1930s era mansion known for lion statues placed at the entry by former owner Kenny Rogers, for vacations and events.


Related Articles

arrow_forward_ios
Diana Jenkins and Paradise Cove (Credit: Michael Kovac/Getty Images, and iStock)

Malibu cliffside home with its own ticket to ride lists for $125M

Malibu cliffside home with its own ticket to ride lists for $125M
Kevin Garnett and his Malibu property (Credit: Streeter Lecka/Getty Images, and Hilton & Hyland)

Kevin Garnett out of bounds with nonpayment on mansion work, lawsuit alleges

Kevin Garnett out of bounds with nonpayment on mansion work, lawsuit alleges
Mindy Kaling and her new oceanfront home in Malibu (Credit: Mike Helfrich and MindyAsst/Wikipedia)

Mindy’s latest project: Actress buys Sinatra’s Malibu pad for $10M

Mindy’s latest project: Actress buys Sinatra’s Malibu pad for $10M
Scott Gillen Lists Malibu Spec Mansion For $100 million

Another day, another $100M listing in Malibu

Another day, another $100M listing in Malibu
Billionaire David Saperstein lists Malibu home (Credit: Alfred Yson/Sotheby's International Realty via The Wall Street Journal)

Metro Networks founder Saperstein lists Malibu home for $115M

Metro Networks founder Saperstein lists Malibu home for $115M
Shaun White is selling his Malibu properties.

Shaun White is freeriding out of Malibu

Shaun White is freeriding out of Malibu
Sheldon Adelson and his new property flanked by two of his other homes (Credit: Getty Images)

Sheldon Adelson is betting big on the Malibu housing market

Sheldon Adelson is betting big on the Malibu housing market
Clockwise from top left: 12921 Marlboro Street, 22102 Pacific Coast Highway, 21536 Pacific Coast Highway, 820 N. Roxbury Drive and 334 S. Burlingame Avenue (Credit: Redfin)

Here are the priciest resi listings in LA County last week

Here are the priciest resi listings in LA County last week
arrow_forward_ios

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

Loading...