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The Real Deal Los Angeles

Talent manager Steve Alexander scoops up Malibu pad for $5M

Couple sold a Malibu home for $13M last month
June 29, 2017 02:00PM

Steve Alexander, Bonsall Drive home (Getty Images/Google Maps)

It’s out with the old — but still in with the ‘Bu — for Steve Alexander, talent manager and partner at ICM Partners, and wife Vanessa, an interior designer.

The couple scooped up a 6,636-square-foot home in Malibu Park for $5.2 million, shortly after selling their previous Malibu home in Point Dume for $12.5 million last month.

Located a short walk away from Zuma Beach, the new estate has five bedrooms and six bathrooms with a lap-lane swimming pool, home theater and guest quarters, Variety reported.

The property also has a bit of a celebrity pedigree as it was once owned by actor Nick Nolte, who purchased it in 1993 and sold it in 2006 for $3.7 million. The contemporary-style home was also leased in 2010 to reality TV personalities Heidi and Spencer Pratt, according to Variety.

The Alexanders had listed their previous Point Dume home in October 2016 with an asking price of $12.9 million. Henry Pincus, son of late financier Lionel Pincus, purchased the 5,833-square-foot pad last month for $12.5 million, according to property records.

Veteran agent Steve Alexander landed at ICM in 2014, bringing clients such as David Duchovny and Joy Bryant with him. He has also represented Heath Ledger, Natalie Portman, Jared Leto and Jeff Bridges, according to the Hollywood Reporter.

Vanessa Alexander is sure to put her own touch on the home. The designer’s clients have included entertainment attorney Kevin York and Riot Games co-founder Marc Merrill.

Johnny Steindorff of 4 Malibu Real Estate represented the buyer and seller. [Variety]Subrina Hudson