The Eisners have three young sons, so we imagine theyll be pretty busy shuttling the kids to/from school and extracurricular activities. Its steel casement windows and doors are a California riff on its Mediterranean revival of the 1920s and 1930s. Just not safe, A proposed 50-story skyscraper in this San Francisco neighborhood would stick out, First Republic: Cheap, interest-only jumbo mortgages to Silicon Valleys elite fueled the banks failure, SpaceX used wildlife preserve as dumping ground for space waste, lawsuit alleges, This Barbie is a Hollywood legend: Mattel debuts elegant Anna May Wong doll, Musk said hed never settle an unjust legal case against him. Architect Robert A.M. Stern. The 16-bedrooms, 28-bath property is reminiscent of old estates along Frances Cte dAzur, he said. when George Lucas sold Star Wars to Disney. Robert A.M. Stern designed the Malibu property for former Disney CEO Michael Eisner. I quickly found the property, but I was confused. Expect a record-breaking price.. Former Disney CEO Michael Eisner Asks $225 Million for Massive Malibu Eisners oceanfront complex houses nine structures in all, with 16 bedrooms and 22 bathrooms spread across a main house, a caretakers cottage, and several guesthouses. We want to hear from you! Turns out Mr. Eisners Crystal Cove mansion was sold to him by someone Yolanda has also previously discussed her name is Karen Rabe. He bought up those properties over many, many years and assembled all this land. There's an oceanfront cabana structure that is reached via elevator. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Can Michael Eisner Get $225M for His Malibu Compound? - Realtor.com 2023 Dirt.com, LLC. It has a beachfront cabana reached by a cliff-side elevator. Across the property, there are 16 bedrooms and 28 bathrooms, not including the two-bedroom caretakers cottage. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Eisner, 80, joined Disney after stints with NBC, CBS, ABC and Paramount Pictures, where he served as president from 1976 to 1984. Shop . That cabana, perched on a bluff over a small beach known as Watkins Cove, can be accessed by a cliff-side elevator. 3 min read. Organ Donor Francia Shades Ex-Friendship 2023 EHM PRODUCTIONS,INC. Townhouse Comes With a Backyard That Would Make the Berkshires Jealous, A Student Ate Maurizio Cattelans Infamous Banana Artwork Off a Museum Wall, Because He Was Hungry, This $11.8 Million Scottish Estate Will Instantly Turn You Into a Baron or Baroness, Singapores 60% Property Tax for Non-Citizens Is Now the Highest in the World. In 2002, a securities report showed that Michael owned 14 million shares of Disney. Born in Greybull, Wyo., Eisner credits the over-the-top glamour of her home state's rodeo queens for her early fascination with fashion. Right now there are 268 active homes for sale in Malibu, with a median list price of $3,462,500. eric eisner wife The ocean-view $11.5 million property Ms. Rabe just sold to the Eisners is located within the Sea Crest section, which is considered to be one of Crystal Coves two most exclusive (and expensive) neighborhood pockets. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Marc Andreessen Just Paid $177 Million For A Seven Acre Malibu Estate The Second Most Expensive Home Sold In US History! Our six-week newsletter will help you make the right decision for you and your property. Eisners offering is unique as he began buying land in Malibu in the 1990s, amassing multiple parcels, according to the Los Angeles Times. Ex-Disney boss Eisner lists oceanfront Malibu compound for $225M JUNE 4-8: A California luxury road rally like no other. 7681 April 27, 2023 Real Estate. . And, then there's a gym, a massive theater and, get this a tunnel that connects the pool area to the theater. Eric Braeden is staying positive amid his battle with prostate cancer. Former Disney CEO Michael Eisner is going for the record books with his Malibu, CA, compound. The current record is $177 million for another Malibu estate. See Massive Malibu Estate of Former Disney CEO Michael Eisner. They picked up a neighboring home in 2012 for $8.2 million, though tax records suggest they sold it to their son Breck and his wife Georgia in early 2021 for $8.3 million, and they also maintain a ranch in Snowmass, Colo., and an apartment on New Yorks Upper East Side. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. Sellers on this level dont have to sell, and these kinds of buyers dont have to buy. Michael Eisner lists Malibu compound for record $225 million. Like this article? Eisner, at the time, was CEO of The Walt Disney Company and the face of the company until 2005. . Claudine Zap covers celebrity real estate, housing trends, and unique home stories. April 24, 2023 12:43 PM PT. It was built in 2002 and is comprised of 9 structures. There are 16 bedrooms, 28 bathrooms across the main house and the guest houses, and a two-bedroom caretaker's house is also on the grounds. Time will ultimately tell, but all signs are pointing to another record being set.. It has all of the exuberance of the decade, CambridgeSeven president Gary Johnson told The Architects Newspaper. It's even got a cabana on a bluff. Malibu, CA Instilled values in campers based on Jewish morals . In the past two years, the tony Southern California town saw massive record-breaking listings and sales, from former Disney CEO Michael Eisner's . Mushka Jacobson with Douglas Elliman is managing sales and marketing. Michael Eisner attends the premiere of the Hulu documentary Hillary at the DGA New York Theater on March 4, 2020, in New York. Inside Michael Eisner's Malibu Home - DIRT If met, the compound's . The Round Housedesigned by Sarasota School of Architecture partners Jack West and Elizabeth Boylston Waters. This is an eye-popping, record-breaking listing his massive Malibu estate just went on the market for $225 million. Homes - Celebrity - Entertainment - Misc Links: realestalker.blogspot.com By: dawurz Advertisement Celebrity Homes Mailing List Policies kjfitz @ 2007-05-25 08:37:32 Welcome to VGT! 2023 NYP Holdings, Inc. All Rights Reserved, Donald Sutherlands 36-year California home he gave up for Florida lists for rent, Inside Sofia Richie and Elliot Grainges $26.9M newlywed mansion, Tommy Lees hillside Calabasas mansion finally sells at a loss, Ex-NBA star sold Fla. house because state wont accept his transgender child. ex-Disney CEO Michael Eisner's home in Malibu, California. The US government eventually seized the Malibu mega-manse from Mr. Obiang money laundering is a big no-no here in the States and resold it for $33.5 million to Mexican investor Mauricio Oberfeld and powerhouse realtor Mauricio Umansky. Over time, they constructed a total of nine buildings. Theres also an elevator that takes you down to the beach. Her menagerie of vintage furnishings was a perfect match for the house, including the boomerang coffee table she picked up at a yard sale. We've received your submission. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. While not a celebrity per se, Ms. Rabe and her now-deceased former husband William OConnor achieved a peculiar kind of everlasting fame when they custom-built a monstrous Malibu mansion on a 14+ acre promontory directly above Pacific Coast Highway. . She is only accepting cash offers. (It appears the most recent deal happened off-market, though the house had been listed with a $12.5 million pricetag.) But we digress take a look at Mr. Eisners lavish new Newport digs. He just settled this one. Located off the Pacific Coast Highway, the Mediterranean-inspired estate wouldnt look out of place in the French Riviera, with its terracotta roofs, antique stonework and magnificent landscaping. 87990cbe856818d5eddac44c7b1cdeb8, Continue reading your article witha WSJ subscription, Already a subscriber? A grassy central courtyard with an arched loggia and edgeless swimming pool serves as the compounds boutique hotel-style town square. The listing agent, Kurt Rappaport of Westside Estate Agency, notes the assemblage represents a once-in-a-lifetime opportunity to acquire one of the worlds great properties.. A deal has to make sense for both parties, says Ameer. Malibu real estate prices have been booming in recent years, but this hilltop home is sure to break sale records for both Malibu and the state of California. Should you? Eric is related to John K Eisner and Wardell Eisner as well as 2 additional people. If he still owns all 14 million that stake is worth $1.6 billion. The Eisners oceanfront Malibu pad lies in the far northwestern reaches of the city and is certainly extravagant theres supposedly a secret elevator that ferries guests from the blufftop down to the beach. There were rumblings across the Platinum Triangle back in 2007 that former Disney chairman and CEO Michael Eisner was looking to unload his family compound in Malibu. Here's an angle from the ocean side: And here is a video tour that was uploaded just this morning to YouTube: During Michael's multi-decade career overseeing Disney, the company's stock price rose 2,000%. Former Disney chairman andchief executive officer Michael Eisner is asking $225 million for his cliff-top compound in Malibu, Calif. The Eisner estate, Mediterranean in style with nine structures on approximately 5 acres, packs a real punch. 2023 Dirt.com, LLC. An unusual, time capsulelike home designed by Frank Williams is on the market in Sarasota, Florida. In addition to the Malibu estate, Michael Eisner . And then, of course, theres that view with the sunsets gently caressing Catalina. It spans about 25,000 square feet, with a total of 16 bedrooms and 28 bathrooms among the main house, the guesthouses and a two-bedroom caretakers cottage. Lists Massive Malibu Estate for Record-Breaking $225 Million!!! Records show he bought the first piece in the 1990s and has added at least four adjacent parcels in the years since. Somewhere in the house is a mirror-walled gym and an office. The Journal notes that the couple has since bought at least two more properties in Malibu since that record-breaking buy. From high-profile design commissions to exciting listings, there is always something new happening in the world of real estate. The third result is Eric Norris Eisner age 70s in Los Angeles, CA in the Bel Air neighborhood. He hasnt yet returned any of Yolandas 14,823 phone calls. Eric Eisner - Team Strategist - Tinuiti | LinkedIn You could call it the "house that Mouse built," since Michael Eisner spent twenty one years as the CEO of Disney, but to describe this property as a mere "house" would be like calling the Titanic a boat. If the entertainment industry heavy hitter, now 80, did float the property for sale back then, there were no serious takers because now, fifteen years later, the massive compound on the rugged Encinal Buffs has been officially listed with a gasp-worthy $225 million price tag. ALL RIGHTS RESERVED, Download the TMZ App on the Apple App Store, Download the TMZ App on the Google Play Store. The five-acre spread include nine structures, as well as a cliff-side elevator that descends to the beach. Designed by esteemed architect Robert A.M. Stern, the Mediterranean compound sprawls over about five extensively landscaped acres. The property is spread over . The Malibu property has unrivaled views over the Pacific Ocean. Four Seasons New Orleans Private Residences. Howard Deering Johnson made his name in hotels and restaurants, but its his two-bedroom co-op on Manhattans Gold Coast thats up for sale for $6.49 million.Apartment 3A at 812 Fifth Avenue is a classic seven, with a marble-floored entrance, Central Park views in the living room, and a library that can easily be converted into a third bedroom. In the rarefied housing market involving nine-digit price tags, urgency isnt a huge issue. The hotel, which operates on the lower floors, opened last fall. Theres a pool out back, as well as a cliff-side elevator that descends to an oceanfront cabana, according to the Wall Street Journal, which first reported the listing. Even words like "compound," "estate," and "mansion" don't really do this property justice without being accompanied by additional words like "sprawling," "palatial" or "otherworldly. Ex-Disney CEO Michael Eisner Lists Malibu Estate for $225M - Robb Report Whats more: a sale at that sky-high sum would also mark one of the priciest residential transactions in the world. We dunno! Peter Aaron/OTTO, There are many spaces to enjoy the outdoors. A village-like assemblage of structures linked by a series of garden courtyards and meandering stone paths, the buildings are faced in hand-set limestone rubble and capped with antique terra-cotta roofs tiles. Michael Eisner's sprawling/palatial compound/estate/mansion was just listed for. Yours for $225 Million Sacramento Bee 74K subscribers Subscribe 2.1K views 7 months ago In what could break a California home. shelled out $177 million for a Malibu compound. He and his wife, Jane, purchased their first parcel of land here in the mid-1990s and have been adding adjacent lots since then. Maritime Hotel Was Transformed Into Luxe Condos. Other Malibu homes have sold for soaring sums in recent years. Venture capitalist Marc Andreessen and his wife, Laura Arrillaga-Andreessen, set the current California record in late 2021 with the $177 million purchase of fashion tycoon Serge Azrias Malibu compound. This copy is for your personal, non-commercial use only. And now, Eisner is looking to sell his Malibu seaside compound for $225 million. If he gets his price, it'll be the most expensive home sale in California. Eisner is hoping to sell for a record-setting sum. Shellstone paths wind down the bluff, past a horizon-edge spa, to a spacious two-story cabana nestled the rocks just above tiny and all-but-private Watkins Cove beach. Peter Aaron/OTTO, The oceanfront cabana is accessed via a cliffside elevator. Construction is complete at Madison House, the tallest residential project in NoMad, and immediate occupancy is available. Protests, lawsuits and a dead rat: A wealthy California citys epic fight to block growth, Oprahs neighbors reportedly fear new wall on her property will send floodwaters their way, New luxury L.A. hillside development in severe fire danger zone brings protests. As we've stated already, this is located on an oceanfront bluff in Malibu. ex-Disney CEO Michael Eisner's home in Malibu, California. Her work has appeared on Yahoo, New York Post, and SFGATE. Over the following decades they acquired FOUR more parcels for a total of five spread over five acres. Completion of 42 Pine is expected by the fourth quarter of 2023, with pricing ranges starting at $700,000 for one-bedroom units. Eisners 5-acre property is located in one of the most beautiful coves in all of the world, the listing notes. Michael Eisner Seeks Record Sale with $225M Price on Malibu Compound Steinman House, 1956, Malibu, CA. But what we see above does not fit the description of a $200+ million property. But anyway. As it turned out, I was focusing too narrowly in my aerial gazing. Past wrought iron gates lies the 7,837-square-foot mansion, which is done up in neutral tones and features wide-plank hardwood floors and a host of custom moldings. But let it be known that the southern OC beaches are (generally) prettier and cleaner than most LA beaches. It will be very challenging to get the listed price, but this is a trophy property that checks all the boxes, says Perkins. A first look at Gachot Studios interiors at Madison House. At the time, the figure being bandied about as the unverified asking price was in the neighborhood of $75 million. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Listing agent Kurt Rappaport of Westside Estate Agency told the Journal the mighty asking price is warranted; what the Eisners built would be difficult to replicate these days in its large scale, prized location and access to the beach. Kurt Rappaport, a celebrity realtor who himself is a land baron, has the listing. By Alexandra Del Rosario Staff Writer. Last year, Tinseltown scion Anders Eisner he's the youngest son of former Disney CEO Michael Eisner and his longtime wife Terena Thyne Eisner sold their family home for $12.8 million, a new record for the so-called "Little Holmby" neighborhood.. Now in his 40s, Mr. Eisner is a born-and-bred LA guy his parents have long owned compounds in Bel Air and Malibu but his latest . In a statement Arquitectonicas Bernardo Fort-Brescia said, 42 Pine represents an important urban design step for the area, adding that his team drew inspiration for their design from the idea of a hill town. Fort-Brescia continued, The expression is one of individual villa clusters to create a vertical neighborhood. Four Seasons New Orleans lets the good times roll. Former Disney executive's $225M estate may break CA record | The Get the latest scoop directly in your inbox. The gorgeous getaway has landed on the market for $225 million, according to the Wall Street Journal. Send me email updates and offers from TMZ and its Affiliates. To bring the 33-story building fully up to date, Bill Rooney Studio has reimagined the interiors with CambridgeSeven leading the transformation of the iconic exterior. But outside is really the place to be there are covered and al fresco patios, a huge backyard fireplace and saltwater swimming pool. Carolyn Bryant is dead at 88. 25,000 square feet, 16 bedrooms, 28 bathrooms Lot Size 5 acres There were rumblings across the Platinum Triangle back in 2007 that former Disney chairman and CEO Michael Eisner was looking to unload his family compound in Malibu. our Subscriber Agreement and by copyright law. I was left even more dumbfounded when I discovered that property records indeed matched Michael Eisner's family trust as owning the property located at the address corresponding with the above photo. https://therealdeal.com/la/2018/04/24/hard-rock-founders-malibu-mansion-nabs-title-of-priciest-home-sale-in-la-county/. Hes going for gold in the game of Golden State real estate. Listing broker Kurt Rappaport of Westside Estate Agency told WSJ Eisner has decided to sell because he loves the creative process, and wants to find a new project. It cant hurt that hes likely to pocket a fortune on the deal, not to mention set a record. Hopefully, the new buyer's guests won't jump from the pool to the theater's velvet sofas. If sold for $225 million, the home will break sale records in California, which was set last year when billionaire Silicon Valley venture capitalist. Its all quite confusing to us. If someone wants a trophy property, there are only so many that fit the bill, and this one is at the top of the list.. This 5-acre estate on Malibu's Encinal Bluffs is situated above a largely private beach. Step Inside Stacey Bendet's Art-Filled Fantasia in Manhattan's Upper 3 min read There were rumblings across the Platinum Triangle back in 2007. Before you scoff at this, let us tick off the amenities. There's an underground tunnel that leads to a circular grassy knoll with a spa that overlooks the ocean. Styles Featured: Airdale. In order order to have $2.25 million after taxes, one would need to earn around $4.5 million in pre-tax income. Yup, we said it warmer water, too. May 11, 2022 - Explore Christophe Choo - Coldwell Ban's board "Malibu Homes For Sale & Real Estate - 90265", followed by 4,382 people on Pinterest. Eric Eisner - Address & Phone Number | Whitepages As noted by the property gossips as theWall Street Journal, the first to report the listing, if the estate sells for anywhere near its asking price, it will blow away the current record for the most expensive house ever sold in California, the $177 million venture capitalist Marc Andresson paid for fashion tycoon Serge Azrias huge spread above Malibus Paradise Cove late last year. Ad Choices, Michael Eisner Lists Malibu Compound for $225 Million, a Zillow Gone Wild Listing Takes Over Twitter, and More Real Estate News, Peter Jenningss Co-Op Lists for $10.45 Million, the Cities With the Highest Property Taxes Revealed, and More Real Estate News, Kenny Rogerss Former Abode Is for Sale, a Richard Neutra Home Hits the Market, and More Real Estate News, Jim Carrey Lists His Brentwood Mansion, a Landmark Modernist Home Hits the Market, and More Real Estate News. The massive master-planned community is divided into 12 sections each featuring a grip of multimillion dollar Tuscan-style homes. The estate now comprises at least five separate parcels, records show. For example, in 1993 he earned $203 million. There were rumblings across the Platinum Triangle back in 2007 that former Disney chairman and CEO Michael Eisner was looking to unload his family compound in Malibu. The buyer of a $91 million manse in Malibu last month has been hamming it up in Paradise Cove. The deal might set a record for the costliest home ever sold in California if it finds a buyer. No joke. There are 16 bedrooms and 28 bathrooms. Residents have access to resort-style amenities, including a rooftop pool, game room, and wellness center. To revisit this article, select My Account, thenView saved stories. But wait, that's just one structure. Inside Michael Eisner's Malibu Home - DIRT Billionaire Michael Eisner Offering Malibu Home for Reduced $195M The home of Michael and Jane Eisner in Malibu, Calif., is asking $225 million. They have also lived in West Hollywood, CA and Encino, CA. 3. So if Mr. Eisner is craving steak, its just a quick jog from home. Architectural Digest may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Check into Howard Johnsons classic seven on the Upper East Side. Experience extraordinary with us this June. They then hired renowned architect Robert A.M. Stern to design what you now see. Get our latest stories in the feed of your favorite networks. When I was first tipped off to Eisner's sale, a few hours before I saw confirmation in the Wall Street Journal, I dug around the internet to see if I could locate an aerial view. If he gets his price, itll be the most expensive home sale in California history. When George Lucas Sold Star Wars To Disney, He Took Half Of The $4 Billion Buyout In Stock. Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. The 80-year-old media- and entertainment-industry veteran served as chief executive of Disney from 1984 to 2005. A classic seven co-op that once belonged to Howard Deering Johnson is up for sale. For context, when George Lucas sold Star Wars to Disney, he received $2.2 billion in cash and 37 million shares of Disney. Although California beaches are public, the beach below this property is harder to access, according to the Times, making it even more valuable to a buyer who wants privacy. The firm has also completed several projects for Disney, including its Yacht Club Resort and the Roy E. Disney Animation Building in Burbank. Condominiums at the Four Seasons New Orleans have already attracted high-profile buyers like Boysie Bollinger and Drew Brees. And as we always like to discuss when we explore insane real estate, let's compute some property taxes. He also says that Eisner loves the creative process and is selling to start another project elsewhere. The Eclectic World of Lisa Eisner - The New York Times Michael Eisner asks $225M for Malibu estate - New York Post It was built by Robert A.M. Stern, a New York City-based architecture firm with an international portfolio filled with highlights including the Pasadena Police Department building and Philadelphias Comcast Center. With a total of nine structures, the compound offers 25,025 square feet of living space, including 16 bedrooms and 22 bathrooms. It's unclear how many of those shares he owns today since he is no longer a company executive and does not own enough shares to require a disclosure. The 19-story tower it occupies was built by architect Robert L. Bien in 1963and was once home to former vice president Nelson Rockefeller. If the deal closes for that amount, the home will be the most expensive ever sold in California and one of the priciest in the world. The compound boasts 16 bedrooms, 22 bathrooms, and a movie theater. All rights reserved. Former Disney chairman and chief executive officer Michael Eisner is asking $225 million for his cliff-top compound in Malibu, Calif. An underground tunnel from the pool area leads to a large movie theater. Aerial photograph of the Malibu Movie Colony and the Malibu Pier beyond, 1930s. Edward Hamm Jr., a movie producer and heir to the Hamm's Beer fortune, was revealed as the buyer of .
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