Chrome Hearts founders buy Malibu home for $38.5M

Los Angeles /
May.May 30, 2017 02:30 PM

The price tag of $38.5 million may seem like a steep one, but Richard and Laurie Lynn Stark only need to sell 154 of their hard-carved dining room tables — at $250,000 each — to afford their new Paradise Cove digs — their seventh estate in Malibu alone.

Spanning 2.8 acres right off the beach, the multi-structural compound sits inside one of Malibu’s most exclusive neighborhoods. It last traded hands for $13 million in 2012, to vitamin peddler Andrew Lessman of the Home Shopping Network.

The 1946-built spread has a total of nine bedrooms, real estate gossip Yolanda Yakketyyak reported.

The Starks’ other homes in Malibu include another three homes in Malibu Colony and one large compound in the Serra Retreat community.

The luxury designer couple own and operate Chrome Hearts, a lifestyle brand that carries gothic silver jewelry, accessories, home goods and furniture. The celebrity-endorsed retailer has nearly 30 brick-and-mortar stores worldwide.

Their new purchase comes at the heels of several other ginormous property sales in Malibu, including Larry Ellison’s 10th home on Carbon Beach, for which he paid $48 million, and Hong Kong billionaire Karen Lo’s new $70 million pad in Serra Retreat. [YLBB]Cathaleen Chen


Related Articles

arrow_forward_ios
Sam Nazarian with 385 Copa de Oro Rd (Westside Estate Agency, Kevin Scanlon, iStock, Illustration by Shea Monahan for The Real Deal)
Sam Nazarian puts Bel-Air manse on market
Sam Nazarian puts Bel-Air manse on market
Tammy Hughes Gustavson and 27628 Pacific Coast Highway (LinkedIn, Coldwell Banker Realty)
Self-storage billionaire lists Malibu estate in Paradise Cove
Self-storage billionaire lists Malibu estate in Paradise Cove
Engelbert Humperdinck in Jayne Mansfield’s famous “Pink Palace” in Holmby Hills back in the day. (Getty)
Engelbert Humperdinck seeks $6.2M for Bel Air mansion — but it needs work
Engelbert Humperdinck seeks $6.2M for Bel Air mansion — but it needs work
From left: Bob Hope, Dolores Hope and Ron Burkle in front of 10346 Moorpark Street in Toluca Lake (Getty Images, Zillow, iStock)
Ron Burkle lists Bob Hope’s former estate in Toluca Lake
Ron Burkle lists Bob Hope’s former estate in Toluca Lake
From left: Adam Levine and Behati Prinsloo in front of 1700 San Remo Drive in Pacific Palisades (Getty Images, Redfin, iStock)
Adam Levine, Behati Prinsloo sell Pacific Palisades estate for $51M
Adam Levine, Behati Prinsloo sell Pacific Palisades estate for $51M
The Zero One project with Scott Morris (Marisol Malibu, Scott Morris)
’Net zero’ goes luxe in Malibu on $23M sale
’Net zero’ goes luxe in Malibu on $23M sale
Film producer Julia Lebedev with home on Birdview Avenue (Getty, Zillow)
Producer Julia Lebedev gets nearly $50M for Malibu manse
Producer Julia Lebedev gets nearly $50M for Malibu manse
Reese Witherspoon (Getty)
Reese Witherspoon sells Brentwood mansion for $21.5M
Reese Witherspoon sells Brentwood mansion for $21.5M
arrow_forward_ios

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

Loading...