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The Real Deal Los Angeles

Craig Ferguson sells Malibu pad for $6M

Beachfront home, first listed for $7.2M, spent two years on market
May 04, 2017 04:02PM

Craig Ferguson (Getty Images)

Comedian Craig Ferguson finally sealed the deal on his Malibu home in the gated community of Malibu Cove Colony, selling it for $5.95 million.

The former host of “The Late Late Show” first listed the property in 2015 with an asking price of $7.19 million and after several price cuts, it was most recently listed for $5.9 million.

The buyer is David Casselman, an attorney who is also known for his animal advocacy, the Wall Street Journal reported.

The estimated 3,300-square-foot Cape Cod-style estate, built in 1971, has four bedrooms and four bathrooms, with decks on both floors and a fitness room.

Ferguson purchased the property in June 2014 for $5.6 million. He planned to move into the beachfront home with his family but eventually opted to stay at his current home in the Hollywood Hills, according to WSJ.

Ferguson is now the host of a daily radio show on SiriusXM. [WSJ]Subrina Hudson