Brad Krevoy doled out a speck under $7.8 million for a bluff-top estate in the heart of Malibu, in the Sycamore Park enclave across Pacific Coast Highway from the Pacific Ocean, back in 2019. Now, five years later, the veteran entertainment industry executive’s coastal getaway has popped up for sale. But if you’re hoping to score the property, you’re probably out of luck. Records show it’s already under contract to be sold after barely a week on the market.
Listed by Kathryn Bentzen of Coldwell Banker Realty for a speck under $8.5 million, the roughly 1.7-acre parcel is tucked away behind high walls and gates. Multiple structures include an Australian farmhouse-style main home, plus a guesthouse, a pool house with changing facilities and a gym—for a combined total of seven bedrooms and nine baths in about 6,400 square feet.
The 1.7-acre spread has an Australian farmhouse-style main home surrounded by palm-laced grounds.
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The fully updated two-story primary residence is adorned throughout with dark hardwood floors and soaring vaulted and beamed ceilings. Highlights include a living room sporting an ornate stone fireplace and French doors spilling out to a wraparound veranda, as well as a wood-paneled dining area that connects to a gourmet kitchen outfitted with stone countertops, dual islands, and a pricey La Cornue range. Five en suite bedrooms include a posh primary retreat flaunting a fireplace, a private patio, and a luxe bath equipped with dual vanities, a vintage clawfoot soaking tub, and a roomy freestanding shower.
The living room is anchored by a stone fireplace enhanced with a sculpted surround.
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Outdoors, the tropically landscaped grounds are laced with a variety of fruit trees and meandering pathways and host a heated pool and spa flanked by a decorative fountain on one side and a sundeck on the other. There’s also a grassy lounging spot warmed by a massive fireplace, along with a three-car garage and a separate service entry and parking spot at the lower end of the property.
A charming wraparound veranda overlooks the pool and spa.
Scott Everts/SAE Photography
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As co-founder and CEO of the Motion Picture Corporation of America, Krevoy has played a key role in the finance, development, production, and distribution of more than 100 film and TV projects. Among them: numerous holiday and family offerings for Hallmark and Netflix, including When Calls the Heart, the Christmas Prince trilogy, Falling for Christmas, and An Irish Wish. He’s also widely known for producing the blockbuster Farrelly Brothers comedy Dumb and Dumber.
In addition to the Malibu compound, Krevoy and his fellow producer wife Susie maintain a primary residence in the seaside Santa Monica community of Los Angeles that they purchased four decades ago for just under $1.5 million. Per Zillow, that place currently has an estimated value of around $12.7 million. More