Beach house added to Suzanne Somers’ former spread in Malibu hits market

Newly built 5,000-square-foot home listed at $40 million

Los Angeles /
Dec.December 14, 2021 10:05 AM
Somers in front of 24300 Malibu Rd (Wikipedia/Lameer Witter, Shen Realty)

A newly built concrete-and-glass home on Malibu’s coast is hitting the market for $40 million.

The 5,000-square-foot home spans two lots previously owned by actress Suzanne Somers, according to the Los Angeles Times.

Somers had a beach house on one lot, but it burned down along with three neighboring homes in 2007. She left the two lots vacant until selling them for a combined $12 million in 2016.

A sale near the ask would be among the priciest in what’s been a record-setting year in Malibu, but nowhere near the priciest.

In late September, fashion executive Serge Azria sold his seven-acre compound and its 10,000-square-foot mansion in Paradise Cove for $177 million to venture capitalist Marc Andreessen.

It was not only an all-time price record for Malibu, but for the state of California, eclipsing the statewide record set in early 2020 when Jeff Bezos bought David Geffen’s Beverly Hills estate for $165 million.

There have been two deals this year above $50 million as well. In June, Eli Broad sold his 5,400-square-foot beach house for $52 million and a couple months later, Kanye West paid $57 million for a Tadao Ando-designed home on the beach.

Super-high-end deals aside, Malibu is the L.A. area’s strongest market since the pandemic.

The beach house on Somers’ former property sits less than a mile from West’s new abode. It’s two lots combine for about a third of an acre with 100 feet of beach frontage.

(Source: Shen Realty)

The four-bedroom concrete home sits above the beach, atop 27 caissons driven 60 feet into the sandy earth. Like many beach homes, it was designed to maximize ocean views.

There are floor-to-ceiling glass windows and doors lining both the main floor and the upper floors facing the Pacific Ocean, creating indoor-outdoor space.

There is also a rooftop deck with a hot tub and fire pit. One side of the home includes a small swimming pool as well. Light wood is used for the floors and some ceilings inside. Porcelain is also used for some walls. Shen Schulz with Sotheby’s International Realty has the listing.

[LAT] — Dennis Lynch





    Related Articles

    arrow_forward_ios
    From left: Kevin Durant and Steve Nash of the Brooklyn Nets (Getty Images, LoopNet, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
    SoCal house that built Brooklyn Nets? Manhattan Beach pad comes with NBA backstory
    SoCal house that built Brooklyn Nets? Manhattan Beach pad comes with NBA backstory
    Trevor Noah’s modern Bel Air mansion sees price cut (Getty Images, Zillow, iStock, Illustration by Kevin Cifuentes for The Real Deal)
    Trevor Noah’s modern Bel Air mansion sees price cut
    Trevor Noah’s modern Bel Air mansion sees price cut
    Olivier de Givenchy and Zoë de Givenchy in front of 6763 Zumirez Drive in Malibu (Getty Images, Redfin)
    Givenchy scion tries on Malibu getaway
    Givenchy scion tries on Malibu getaway
    No joke: ‘Funny Girl’ estate hits market for $58M
    No joke: ‘Funny Girl’ estate hits market for $58M
    No joke: ‘Funny Girl’ estate hits market for $58M
    27930 Pacific Coast Highway (Zillow,iStock)
    Metro Networks founder cuts $30M off Malibu getaway
    Metro Networks founder cuts $30M off Malibu getaway
    Mauricio Umansky and Kyle Richards with home in Bel Air (The Agency, Getty)
    Mauricio Umansky sells Bel Air home for $6M
    Mauricio Umansky sells Bel Air home for $6M
    Ashton Kutcher And Mila Kunis Sell Hidden Valley Home For $10M (Getty Images, Zillow)
    Ashton, Mila net $10M for Beverly Hills estate
    Ashton, Mila net $10M for Beverly Hills estate
    32300 Pacific Coast Highway with Anthony B. Heinsbergen (eXp, Calisphere)
    Artsy Malibu estate hangs $65M price tag
    Artsy Malibu estate hangs $65M price tag
    arrow_forward_ios

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

    Loading...