Recent Malibu Celebrity and Dollar Real Estate Deals (May/June 2022) • The Malibu Times
Netscape founder Marc Andreessen buys three more Paradise Cove properties for $78.5 million
Marc Andreessen, 50, and his longtime wife, heiress Laura Arrillaga, who spent a record $177 million on a bluff-top property in Paradise Cove last October, have apparently decided that they needed more of a good thing.
According to the Wall Street Journal, they have now spent an additional $44.5 million to purchase two adjacent parcels just below their clifftop location on sandy Escondido Beach with 130 feet of waterfront. .
They then spent another $34 million to buy a third adjacent property in an off-market deal — also just below the cliff top on the beach — with 57 feet of beach frontage. This property has an updated 3,600 square foot home built in 1973. It was previously owned by a group of investors that included local builder Scott Gillen.
On the first additional purchase, one plot includes a 7,000 square foot home and the other plot has parking for 14+ cars, a guest house, and an oceanfront pool.
This property was sold to Andreessen by longtime Malibu residents Richard and Liane Weintraub, who acquired it in 2018 for $19.5 million. The couple hired two architects (including Doug Burdge of Malibu) to update the 1991 home and transform it into a sleek white contemporary.
The Weintraubs put the property up for sale last summer for $55 million, which they then reduced to $51.5 million. The buyers negotiated an additional discount of $7 million.
Billionaire Andreesen co-founded Netscape and venture capital firm Andreessen Horowitz – and became an early key investor in cryptocurrency, Facebook, Twitter, Instagram, GitHub and other tech companies.
Andreessen and Arrillaga’s primary residence remains in the Silicon Valley region.
‘Home Alone’ actor Daniel Stern puts Point Dume home up for sale
Longtime Malibu resident and actor/writer Daniel Stern, 64, and his wife Laure have listed their Point Dume ranch home for $14.95 million after living there for 30 years.
The secluded home sits on nearly two acres on a cul-de-sac, with mature trees and gardens, a pool, and deeded beach access. The 1959-updated home has five bedrooms and bathrooms on 4,325 square feet.
Although perhaps best known to the world as a bumbling burglar in two “Home Alone” films, Stern was also an active member of the Malibu community – he was one of the founders of the Boys & Girls Club of Malibu. in the 1990s, and served as chairman of the Malibu Cultural Arts Commission. Additionally, he is a bronze sculptor and father of California State Senator Henry Stern.
The daughter of a Russian oligarch gets a record $49 million for the Point Dume estate.
Located on the Birdview Avenue bluff on Point Dume, the Julia Lebedev Mansion was acquired in a cash transaction by an entity related to Charlie Anderson, a Knoxville businessman with a majority stake in Anderson Media Corporation. It’s the biggest deal on Point Dume since Johnny Carson’s former home sold for $40 million three years ago, according to Dirt.
Julia Lebedev, a Los Angeles-based film producer, is the eldest daughter of Russian billionaire oil trader and former politician Leonid Lebedev, a former senator, according to Dirt. Leonid, once a member of Russia’s elite, was “exiled” from the country in 2015 after being accused of embezzling hundreds of millions of dollars, which he denies.
Julia reportedly spent little time at the Malibu house, leaving the property virtually vacant. Built in 1995, the approximately 9,000 square foot Mediterranean-style home sits on 1.2 acres with a long driveway, two-story guest house, full-size tennis court, and automobile land for over 12 cars. There is also a wine cellar, media room, large swimming pool, patios and manicured gardens that overlook the cliff.
Lebedev, in her late thirties, was born in Los Angeles and is married to Jonathan Moss. They currently live in Los Feliz.
Hedge fund billionaire pays $56 million for two homes in Point Dume
Charles Payson “Chase” Coleman III, head of Tiger Global Management, 46, was the highest-earning hedge fund manager in the world in 2020. He is a direct descendant of Peter Stuyvesant, the last Dutch governor of New York, and has educated in elite schools.
According to Dirt, Coleman and his wife Stephanie Ercklentz Coleman — who appeared in the infamous 2003 documentary “Born Rich” alongside Ivanka Trump and Georgina Bloomberg — already own several estates, including an oceanfront mansion on the “ Billionaire Row” in the Hamptons and a $100 million duplex near Central Park.
Last summer, the couple bought two homes from two different sellers in two separate off-market deals in Point Dume, for a total of $56 million. Said to be “within jogging distance”, the first property was purchased for $21 million and has a new mansion but no ocean views. The second property, purchased for $35 million, has a much smaller and older home, but with stunning ocean views.