That Malibu compound is one of the largest and perhaps the most visually arresting estates in the entire city. Home of the Week: J.P. Morgans Former Family Carriage House in NYC Just Hit the Market for $25 Million, Legendary Music Producer L.A. Reid Just Listed His Artsy Bel-Air Home for $21.5 Million, This $30 Million N.Y.C. 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. An underground tunnel from the pool area leads to a large movie theater. "BlacKkKlansman" producer revealed as buyer of $91M Malibu estate 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. The Southern California waterfront estate of exec and erstwhile Disney CEO and Chairman Michael Eisner is on the market this spring with a reduced asking price of $195 million. There are 9 buildings in all on the 5-acre property, including multiple guesthouses. That led her to New York City, where she landed a job at. But hey. Other amenities include a separate office, gym, pool and a movie theater, which is connected to the pool area via an underground tunnel. Aerial photograph of the Malibu Movie Colony and the Malibu Pier beyond, 1930s. Anders Eisner lays out $11.5 million for Crystal Cove casa The Eisners commissioned Stern, an architect known for designing New York City buildings such as 15 Central Park West, to design the property. A first look at Gachot Studios interiors at Madison House. Michael Eisner's net worth explored - Sportskeeda Step Inside Stacey Bendet's Art-Filled Fantasia in Manhattan's Upper But wait, that's just one structure. Records show he bought the first piece in the 1990s and has added at least four adjacent parcels in the years since. There is a main residence, several guest homes and an oceanfront cabana accessed via a cliffside elevator; the latter is exceedingly rare for California, let alone Malibu. If met, the compound's . Former Disney CEO Michael Eisner Lists Five Acre Malibu Compound For The third result is Eric Norris Eisner age 70s in Los Angeles, CA in the Bel Air neighborhood. 2636 April 27, . That record currently stands at $177 million and was set by Netscape creator/Venture Capitalist Marc Andreessen in October 2021 when he purchased a similarly amazing bluff-top Malibu property located just down the road from the Eisner compound/estate/mansion. There are 5 beds and 5.5 baths packed into the structure, including one bedroom done up with a rather frilly cornflower blue decor. 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. Eisner, a media mogul who served as chief executive of Walt Disney Co. from 1984 to 2005, has been assembling the compound for more than two decades. 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 . He currently owns Tornante Co., a private investment firm. Eisner, 80, joined Disney after stints with NBC, CBS, ABC and Paramount Pictures, where he served as president from 1976 to 1984. Nine stone structures are spread across the grounds including a main house, multiple guesthouses, an office and gym. Specs (approx.) It has all of the exuberance of the decade, CambridgeSeven president Gary Johnson told The Architects Newspaper. The meandering Malibu compound includes a gym, several guesthouses, an office, and a two-bedroom caretakers cottage. As for the compound, it was designed by New York Citybased architect Robert A.M. Stern, former Yale School of Architecture dean. Anders Eisner lays out $11.5 million for Crystal Cove casa Stern is known for his high-end apartment building projects in Manhattan, as well as some work on Disney World. So hes got the cash for fun stuff like that. Deal anywhere close to $225M ask on five-acre compound on beach would surpass Marc Andreesens record, Michael Eisner, former CEO, Disney, in front of his cliffside Malibu estate (Ramsa Houses, Ed Schipul, CC BY-SA 2.0 - via Wikimedia Commons, iStock). See Massive Malibu Estate of Former Disney CEO Michael Eisner. The compound evokes classic European elegance. Right now there are 268 active homes for sale in Malibu, with a median list price of $3,462,500. Claudine Zap covers celebrity real estate, housing trends, and unique home stories. History of Malibu | OP Stories USA - Oliver Peoples Somewhere in the house is a mirror-walled gym and an office. . The deal might set a record for the costliest home ever sold in California if it finds a buyer. Michael Eisner doesnt think small: The ex-Disney CEO has listed his five-acre Malibu compound for a whopping $225 million. Eisner bought the first parcel on the bluffs in the mid-1990s and began adding adjacent lots until he completed the compound in 2020. Malibu, CA Instilled values in campers based on Jewish morals . Eisners offering is unique as he began buying land in Malibu in the 1990s, amassing multiple parcels, according to the Los Angeles Times. Steinman House, 1956, Malibu, CA. 25,000 square feet, 16 bedrooms, 28 bathrooms. 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. This big ol Tuscan thing was spec-built in 2006. 2023 Dirt.com, LLC. Anthony Barcelo, The movie theater connects to the pool area via an underground tunnel. Eisner and his wife spent 25 years scooping up land and building on the properties. If he gets his price, itll be the most expensive home sale in California history. As we've stated already, this is located on an oceanfront bluff in Malibu. Sofia Vergara and Joe Manganiello Offering Beverly Hills Home for $18M He also says that Eisner loves the creative process and is selling to start another project elsewhere. Peter Aaron/OTTO, The oceanfront cabana is accessed via a cliffside elevator. It has a beachfront cabana reached by a cliff-side elevator. Sofia Vergara and Joe Manganiello Offering Beverly Hills Home for $18M. 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. Eisner, who was at Disney from 1984 to 2005, now helms the investment firm the Tornante Company and through that he owns Britains Portsmouth Football Club. Organ Donor Francia Shades Ex-Friendship 2023 EHM PRODUCTIONS,INC. Eisner is hoping to sell for a record-setting sum. Over the following decades they acquired FOUR more parcels for a total of five spread over five acres. It's even got a cabana on a bluff with its own elevator that will take you down to the beach!!! "The Young and The Restless" actor best known for . When it comes to design, our most crucial consideration is how the space will make someone feel at ease., 2023 Cond Nast. The Eisners primary home is in Bel Air, where since the 1990s theyve presided over a huge estate hidden behind an epically tall hedge. Steve's widow Laurene Powell Jobs has since sold half of that stake but still owns 74 million shares and is the company's largest individual shareholder. Former Disney CEO Michael Eisner set to sell his Malibu - DisneyDining Its all quite confusing to us. In 2018, a Richard Meier-designed estate owned by Hard Rock Cafe founder Peter Morton sold for $110 million. 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. Former Disney CEO Michael Eisner seeks $225 million for sprawling Malibu estate. Sellers on this level dont have to sell, and these kinds of buyers dont have to buy. Submit a correction suggestion and help us fix it! The property has panoramic, unrivaled views of the Pacific Ocean, and it sits on a bluff above Watkins Cove beach, which is rather small, secluded and difficult for the public to accessmeaning that youre likely to have it all to yourself. that the price is warranted because the home would be nearly impossible to recreate today because of its scale, location and beach access. It was designed by prolific architect Robert A.M. Stern, best known for his work in New York on buildings such as 15 Central Park West, 220 Central Park West and 70 Vestry, among others. In the past two years, the tony Southern California town saw massive record-breaking listings and sales, from former Disney CEO Michael Eisner's . This copy is for your personal, non-commercial use only. https://www.wsj.com/articles/ex-disney-ceo-michael-eisner-asks-225-million-for-malibu-home-11651158239. See Massive Malibu Estate of Former Disney CEO Michael Eisner - YouTube Send me email updates and offers from TMZ and its Affiliates. Disney's Former CEO Lists Malibu Compound For $225 Million (PHOTOS) The Eclectic World of Lisa Eisner - The New York Times Michael Eisner's House in Malibu, CA (#3) - Virtual Globetrotting Eric Eisner - Address & Phone Number | Whitepages The main house is 25,000 square feet. 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. Kurt sold that one too! Spanning nearly 5 acres, the estate sits on a bluff above Watkins Cove a small, secluded beach thats difficult for the public to access because of the tide. 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! The estate has 9 separate structures, a smidge over 25,000 square feet, boasting 16 bedrooms and 28 bathrooms in the main house and guesthouses alone. 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. Over time, they constructed a total of nine buildings. If you've got enough money to afford a $225 million mansion, I hope you have about a billion more in cash sitting around the cover pesky little bills like property taxes. The windows and doors allow plenty of natural light to flow through and encourage outdoor living as they open onto the spacious lawns and courtyards. Besides. A grassy central courtyard with an arched loggia and edgeless swimming pool serves as the compounds boutique hotel-style town square. Homes spend an average of 88 days on the market. The New Taste: Join AD Experts at the Kitchen Workshop, Best known for skyscrapers like the 15 Central Park West, Stern designed for Eisner a 25,000-square-foot Mediterranean-style estate more suggestive of Provence or the French Riviera than SoCal. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Car dealer sets Palm Beach resi record with $170M purchase, Hard Rock founders Malibu mansion nabs title of priciest home sale in LA County, Andreessen plucks third home along Malibu beachfront. To revisit this article, visit My Profile, thenView saved stories. Check into Howard Johnsons classic seven on the Upper East Side. Michael Eisner's House in Malibu, CA (Google Maps) (#3) 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. His property portfolio includes a ranch in Snowmass, Colo., a mansion in Bel-Air and an apartment on New Yorks Upper East Side, records show. The concept is reinforced by the use of contrasting materials that highlight the cubic village idea.. When George Lucas Sold Star Wars To Disney, He Took Half Of The $4 Billion Buyout In Stock. Theres no other property like it in terms of size and location, adds Turturici. By Alexandra Del Rosario Staff Writer. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. But now model residences are on view as ownersincluding former Saints quarterback Drew Brees and shipyard tycoon Boysie Bollinger, who paid a record $13 million for a 30th-floor penthouseprepare to move in. In 2017, he bought the Portsmouth Football Club for about $7.5 million. Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. This incredible 4+ acre beachfront compound is located at 33550 Pacific Coast Highway in Malibu, California. When Steve Jobs sold Pixar to Disney, he received 138 million shares of Disney which made him the company's largest individual shareholder BY FAR. Eisner and his wife, Jane Eisner, bought a piece of land on the bluffs in the mid-1990s and have been adding adjacent parcels since then, Rappaport told the newspaper. In total, the estate comprises five parcels of land and was gradually constructed over decades until it was finally completed in 2020. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. For example, in 1993 he earned $203 million. The $225-million price tag is nearly $50 million higher than the current California sale record, which was set last year when billionaire Marc Andreessen dropped $177 million on a compound of his own also in Malibu. Former Disney CEO Michael Eisner Asks $225 Million for Massive Malibu Getting the full asking price might be difficult, says Myra Nourmand with Nourmand & Associates. 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. 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