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

Despite slow market, Cindy Landon sold beachside home for twice what she paid

TRD LOS ANGELES /
Jul.July 17, 2019 02:00 PM
Michael Landon and the home in Malibu (Credit: Getty Images)
Michael Landon and the home in Malibu (Credit: Getty Images)

Amid Los Angeles’ stalling high-end residential market, the widow of television star Michael Landon sold her Malibu home for more than twice what she paid four years ago.

Cindy Landon unloaded the beachside home on Seafield Drive for $15.7 million, after paying $7.5 million for it in 2015, records show.

The home was renovated and expanded during the time Cindy Landon owned the property. It now has 6,900 square feet of space, five bedrooms and six bathrooms. It also features access to the beach, a koi pond and a garden.

The sale price was about 13 percent below the $18 million Landon had listed it for when it hit the market a year ago.

Cindy Landon’s son, Sean Landon, a broker with The Agency, had the listing. He declined to reveal the name of the buyer, saying it was a “very successful” and well-known entertainer. The buyer was represented by Edward Fitz with The Agency, who did not comment.

Michael Landon, an actor, director and producer, starred in television shows that included “Bonanza,” “Little House on the Prairie” and “Highway to Heaven.” He died in Malibu in 1991.

Malibu, known for its celebrity-inhabited homes, has seen a flurry of recent transactions. In the past month, Kelsey and Camille Grammer’s former mansion hit the market for $20 million, snowboarding legend Shaun White listed his compound for $27.3 million; and NBA superstar Kevin Durant sold his home for $12.2 million.


Related Articles

arrow_forward_ios
John Legend and Chrissy Teigen (Credit: Charley Gallay/Getty Images)

John Legend and Chrissy Teigen find roomier digs in Benedict Canyon

John Legend and Chrissy Teigen find roomier digs in Benedict Canyon
Simon Cowell (Credit: Axelle/Bauer-Griffin/FilmMagic via Getty Images)

For Simon Cowell, Trousdale Estates wasn’t a winner

For Simon Cowell, Trousdale Estates wasn’t a winner
Jon Voight (Credit: Paul Archuleta/Getty Images)

Cut: Jon Voight slashes price on Beverly Hills development opportunity

Cut: Jon Voight slashes price on Beverly Hills development opportunity
Elvis and Priscilla Presley with the home (Credit; Bettmann/Getty Images)

Elvis Presley’s former Holmby Hills home sells for $30M

Elvis Presley’s former Holmby Hills home sells for $30M
Kathy Griffin and the home (Credit: Douglas Elliman and Tibrina Hobson/Getty Images)

No laughing matter: Kathy Griffin wants $16M for Bel Air manse

No laughing matter: Kathy Griffin wants $16M for Bel Air manse
Eli Broad and the house (Credit:: Mathew Imaging/WireImage via Getty Images, and Google Maps)

Eli Broad’s $75M Malibu beach house listing got another price chop

Eli Broad’s $75M Malibu beach house listing got another price chop
James Cameron and the property (Credit: Mike Pont/FilmMagic via Getty Images, and The Altman Brothers)

James Cameron lists longtime Malibu haunt for $25M

James Cameron lists longtime Malibu haunt for $25M
Taraji P. Henson, Cardi B, and Matthew Perry (Credit: Rich Fury/Getty Images, Frazer Harrison/Getty Images, and Frederick M. Brown/Getty Images)

Cardi B, Taraji P. Henson among celebs renting $35K/month Malibu pad

Cardi B, Taraji P. Henson among celebs renting $35K/month Malibu pad
arrow_forward_ios

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

Loading...