Another home belonging to the late Univision mogul Jerry Perenchio hits market

The $14M Malibu home adds to 2 other, much larger properties for sale

Los Angeles /
Apr.April 04, 2018 01:00 PM
Jerry Perenchio and the home (Credit: Zillow, Wikimedia Commons)

UPDATED, April 5, 2:245 p.m.: The Malibu home that had belonged to the late media mogul Jerry Perenchio is on the market, asking a smidge under $14 million, The Real Deal has learned. That’s a hefty sum, but substantially lower than the record-breaking $350 million estate his family listed in August, and the 70-acre land portfolio offered in November.

Located on Malibu Colony Road, the 3,700-square-foot property has four bedrooms and four bathrooms. The 1928 two-story property also features an outdoor deck, wet bar and beachfront access.

A Perenchio family trust acquired the home in 1988 for $3 million, property records show.

Sandro Dazzan, now with the Agency, shares the listing with Drew and Susan Gitlin of Berkshire Hathaway HomeServices.

Perenchio, a billionaire who died in May, was the former chairman and chief executive of Spanish broadcasting network Univision. Throughout his career, he acquired real estate around Los Angeles, and even owned a local development company named Malibu Bay Co.

His other, much larger estate dubbed “Chartwell,” comprises more than 10 acres in Bel Air. At $350 million, it’s the most expensive residential listing currently offered in the country. Just a few months after breaking that record, his family also put a 70-acre portfolio of undeveloped Malibu land on the market. Although listed without a price, brokers have said it could fetch as much as $150 million.


Related Articles

arrow_forward_ios
5012 Carbon Beach Terrace in Malibu (Redfin)
Sprawling Malibu spec house sells for $38M
Sprawling Malibu spec house sells for $38M
From left: Kim Kardashian and Cindy Crawford with 33128 Pacific Coast Highway
Kim Kardashian buys former Cindy Crawford home in Malibu for $70M
Kim Kardashian buys former Cindy Crawford home in Malibu for $70M
Ben Affleck with 1172 Napoli Drive (Getty, Redfin)
Sale pending on Ben Affleck’s Pacific Palisades mansion
Sale pending on Ben Affleck’s Pacific Palisades mansion
Russell Westbrook and 400 N. Bristol Avenue (Getty, Hilyon & Hyland)
Russell Westbrook puts Brentwood Park home on market for $30M
Russell Westbrook puts Brentwood Park home on market for $30M
From left: Oprah Winfrey and Jennifer Aniston with her Montecito estate  (Google Maps, Getty)
Oprah flips Montecito estate to Jennifer Aniston for $15M
Oprah flips Montecito estate to Jennifer Aniston for $15M
Chris Cortazzo, Larry Ellison, Grant Cardone and 22040 Pacific Coast Highway (Chris Cortazzo, Getty Images, photo courtesy Grant Cardone)
Carbon Beach home last sold in 1994 goes on market at $40M
Carbon Beach home last sold in 1994 goes on market at $40M
Ellen DeGeneres and Portia de Rossi with  848 Hot Springs Rd (Getty, Compass)
Ellen DeGeneres flips Montecito estate for $36M
Ellen DeGeneres flips Montecito estate for $36M
Joel Silver with 470 Layton Way
Producer Joel Silver relists Brentwood mansion for $52M
Producer Joel Silver relists Brentwood mansion for $52M
arrow_forward_ios

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

Loading...