Archinect - News 2024-05-02T02:29:41-04:00 https://archinect.com/news/article/150308369/former-disney-ceo-michael-eisner-is-vying-for-a-record-225-million-with-the-sale-of-his-enormous-oceanfront-malibu-estate Former Disney CEO Michael Eisner is vying for a record $225 million with the sale of his enormous oceanfront Malibu estate Josh Niland 2022-04-28T19:55:00-04:00 >2022-04-28T19:55:48-04:00 <img src="https://archinect.gumlet.io/uploads/f1/f1f24f4459d3f1ea78dc480e6f19635d.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Michael Eisner is chasing a record on the bluffs of Malibu, listing his prized oceanfront compound for $225 million. If he gets his price, it&rsquo;ll be the most expensive home sale in California history.</p></em><br /><br /><p>Much of the nine-building compound was designed by one of Eisner&rsquo;s <a href="https://www.cartoonbrew.com/disney/the-disney-architecture-legacy-of-michael-eisner-90351.html" target="_blank">personal favorites</a> <a href="https://archinect.com/firms/cover/33199/robert-a-m-stern-architects" target="_blank">Robert A.M. Stern</a> in the 1990s and would considerably usurp Jeff Bezos&rsquo; $165 million <a href="https://archinect.com/news/article/150184081/jeff-bezos-buys-la-s-most-expensive-property-for-record-165-million" target="_blank">Bel Air home acquisition</a>, the $150 million&nbsp;<a href="https://archinect.com/news/article/150174368/bel-air-chartwell-mansion-sells-for-150m-now-the-priciest-home-in-california" target="_blank">Chartwell Mansion</a>&nbsp;deal from 2019, and a nearby property owned by hedge fund magnate Marc Andreessen, which <a href="https://www.latimes.com/business/real-estate/story/2021-10-29/billionaire-marc-andreessen-buys-malibu-mansion-for-177-million-a-california-record" target="_blank">sold in October</a> for a then-record total of $177 million.&nbsp;</p> <p>The $225 million listing price is slightly less than the half-a-billion dollar figure <a href="https://archinect.com/news/article/128249171/this-bel-air-home-could-be-yours-for-a-mere-half-billion-dollars-yes-b-illion" target="_blank">originally commanded</a> by Bel Air&rsquo;s sprawling <a href="https://archinect.com/news/tag/1827171/the-one" target="_blank">The One complex</a>, which eventually fell to $295 million before <a href="https://archinect.com/news/article/150301400/bel-air-the-one-megamansion-once-aiming-for-half-billion-dollar-listing-price-sells-at-bankruptcy-auction" target="_blank">selling for $146 million</a> at a bankruptcy auction in early March.&nbsp;</p> <p>Celebrity real estate is a constant in the <a href="https://archinect.com/news/article/79853387/lindsay-lohan-movie-the-canyons-finds-allure-in-architecture" target="_blank">design-savvy </a>enclave, with recent sales of <a href="https://www.latimes.com/business/real-estate/story/2021-06-29/eli-broad-beach-house-sells-51-million-second-priciest-deal-2021" target="_blank">Richard Meier</a> and <a href="https://archinect.com/news/article/150282048/kanye-west-buys-57-3-million-tadao-ando-designed-malibu-home" target="_blank">Tadao Ando</a> creations joining Eisner&rsquo;s property on a list of high-profile architecture to hit the market recently.&nbsp;</p>