Shovel-ready in Malibu: Producer Jack Giarraputo lists land for $32M

The 38-acre property comes with approvals for 12K sf mansion

TRD LOS ANGELES /
Oct.October 09, 2020 09:45 AM
Jack Giarraputo and the house (Credit: E. Charbonneau/WireImage for Sony Pictures-Los Angeles via Getty Images, and Douglas Elliman)
Jack Giarraputo and the house (Credit: E. Charbonneau/WireImage for Sony Pictures-Los Angeles via Getty Images, and Douglas Elliman)

Los Angeles luxury home sales have been heating up, and land listings may soon follow suit.

Film producer Jack Giarraputo is looking to part with 38 acres of undeveloped land in Malibu overlooking the ocean, according to the Los Angeles Times.

Giarraputo is asking $31.5 million for the property dubbed Sweetwater Ranch at 3291 Sweetwater Mesa Road, the Times reported. A sale at that price would make it the most expensive deal of 2020 in Malibu for a publicly listed property.

The hillside land isn’t just a blank slate — it comes shovel ready with approved plans for a 12,000-square-foot mansion.

Those plans are “approved by California Coastal Commission for entitlements that no longer exist,” according to marketing materials from Douglas Elliman. Tracy Tutor and Gina Dickerson have the listing.

Renderings show a modern-style two-story home atop a ridge with views of the Pacific. Down on the five-acre “lower plateau” renderings show a 75-foot infinity pool, tennis court, and equestrian facilities including a barn, riding arena, and stable.

The land listing is the second-priciest undeveloped property currently on the market in Malibu, behind roughly 35 acres practically next door at 2860 Sweetwater Mesa Road, which is asking $39 million.

It would be unusual for an undeveloped parcel to top the deal sheet in the notoriously expensive coastal city, where there are now three homes publicly listed for $100 million or more and another half dozen on the market for over $50 million. The latest nine-figure mansion to hit the market was Pierce Brosnan’s 12,500-square-foot home.

Giarraputo formed Happy Madison Productions with Adam Sandler in 1999, the Times reported, after producing the movies “Happy Gilmore” and “Billy Madison.” [LAT]Dennis Lynch 


Related Articles

arrow_forward_ios
Justin Bieber and Hailey Baldwin with 1710 Tropical Avenue (Getty, Redfin)

Bieber and Baldwin list Beverly Hills home

Bieber and Baldwin list Beverly Hills home
Kris Jenner and Khloe Kardashian both bought homes in the Hidden Hills (Getty)

Kris Jenner and Khloe Kardashian buy mansions on land once owned by Woodbridge Group

Kris Jenner and Khloe Kardashian buy mansions on land once owned by Woodbridge Group
Eva Chow and 133 S Mapleton Drive (Getty, Realtor)

Eva Chow’s supersized Holmby Hills mansion gets another price cut

Eva Chow’s supersized Holmby Hills mansion gets another price cut
Gene Simmons of Kiss (Credit: Per Ole Hagen/Redferns via Getty Images)

Escape from LA: Kiss’ Gene Simmons lists Beverly Hills mansion

Escape from LA: Kiss’ Gene Simmons lists Beverly Hills mansion
Wayne Gretzky and his wife Janet Marie Gretzky with the home (Credit: Google Maps and Allen Berezovsky/WireImage via Getty Images)

“The Great One” lists Thousand Oaks mansion

“The Great One” lists Thousand Oaks mansion
Katy Perry and Orlando Bloom (Credit: Phillip Faraone/Getty Images)

Katy Perry and Orlando Bloom buy big in Montecito

Katy Perry and Orlando Bloom buy big in Montecito
Steve Levitan and the home (Credit: Jason LaVeris/FilmMagic via Getty Images and Google Maps)

Steve Levitan of “Modern Family” fame asks $16M Malibu beach pad

Steve Levitan of “Modern Family” fame asks $16M Malibu beach pad
Ellen DeGeneres and Portia (Credit: Christopher Polk/Getty Images, and Google Maps)

Ellen DeGeneres lists Santa Barbara compound for $40M

Ellen DeGeneres lists Santa Barbara compound for $40M
arrow_forward_ios

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

Loading...