Texan car salesman sells Malibu home for $15.9M

Oceanfront compound last traded hands for $13M

TRD LOS ANGELES /
Mar.March 21, 2017 12:00 PM
11768 Ellice Street (Credit: Partners Trust)

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


Related Articles

arrow_forward_ios
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

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

Candy Spelling and her home on 21500 block of Pacific Coast Highway (Credit: Getty Images, Redfin)

Spelling is a-selling: Candy Spelling lists Malibu estate after former home breaks record

The five priciest listings in L.A. County last week

Here are the 5 priciest residential listings in LA County last week

Jan Koum, Ron Meyer and the Malibu house (Credit: Getty Images, Westside Estate Agency, iStock)

Malibu mansion’s $100M sale continues LA’s hot summer of luxury real estate deals

Vadim Shulman and his house on Pacific Coast Highway (Credit: World Jewish Congress, Zillow)

Ukrainian tycoon lists Malibu mansion for nearly twice what he paid

Move over Mountain of Beverly Hills, Scott Gillen is listing “The Malibu Series” for $500M

Michael Landon and the home in Malibu (Credit: Getty Images)

Widow of TV star Michael Landon scores big profit on Malibu home

arrow_forward_ios