A Texas luxury car dealer just sold his Malibu residence for $15.9 million.
Ron Heller, who operates car showrooms in San Juan, Texas, bought the 7,200-square-foot oceanfront abode for $13 million in 2014, the Los Angeles Business Journal reported.
Meanwhile, he’s building a custom home in the neighborhood, according to his listing agent, Madison Hildebrand of Partners Trust.
Located on Ellice Street, the single-story home sits on one acre and contains five bedrooms, five bathrooms, and two half-baths. It features dual master suites and a 3,200-square-foot courtyard with lounge areas, a wood-burning fireplace, and an infinity pool. The house was built in 2013, according to marketing materials. [LABJ] — Cathaleen Chen