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    Kanye West’s Former Malibu Home Sells for More Than $30 Million After Less Than a Week

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    Well, that was fast.

    The concrete home in Malibu that Kanye West infamously abandoned is being sold for more than $30 million less than a week after hitting the market, The Wall Street Journal reported. The Tadao Ando–designed property is being snapped up by Andrew Mazzella, a luxury-home developer who works primarily in Montana.

    “California and L.A., specifically Malibu, is the highest level there is and I’ve always wanted to get to the highest level,” Mazzella told the WSJ. “This is me kicking down the door.”

    Some 1,200 tons of concrete were used to construct the beachfront home.

    Roger Davies

    The 4,000-square-foot home has a rather interesting history, to say the least. West threw down a whopping $57.3 million for the estate back in 2021, then completely gutted the place. Before he could complete the renovation, he stepped away from the project, eventually listing the mansion in 2023 and selling it to the crowdfunding company Belwood Investments for just $21 million, a massive loss even for a billionaire.

    Steven “Bo” Belmont, the owner of Belwood, began an $8.5 million renovation of the abode in the hopes of returning it to its original condition, The Wall Street Journal noted. But he also changed his mind and spun it back on the market just last week, with a price tag of $39 million. While the exact amount that Mazzella is paying isn’t yet public, Belmont told the newspaper that the contract price is between $30 million and $34 million, which Mazzella confirmed.

    The four-bedroom home measures in at 4,000 square feet.

    Roger Davies

    To fund the purchase, Mazella is raising money from third-party investors, the WSJ wrote. The developer is planning to move to Malibu for the rest of the year to see the renovations through, at which point he wants to once again place the home up for sale, this time for an eye-popping $55 million to $65 million. In the deal, Mazzella is being represented by Amanda Lynn at Nest Seekers International, while the Ando home was listed by Jason Oppenheim of the Oppenheim Group and Mauricio Umansky of the Agency.

    This brings the estate’s saga to an end—for now—but the home’s got a long way to go until it becomes an attractive prospect to someone who wants a move-in-ready property. When he was still the owner, West took out all the doors, windows, and interior finishes. In the past year, Belmont has made some improvements, including redoing the roof and installing new plumbing and electrical systems. Still, Mazzella has his work cut out for him. 

    Authors

    Tori Latham

    Tori Latham is a digital staff writer at Robb Report. She was previously a copy editor at The Atlantic, and has written for publications including The Cut and The Hollywood Reporter. When not…

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      in Luxury

      Kim Kardashian Puts Her Minimalist Calabasas Condo on the Market for $3.5 Million

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      You can now keep up with Kardashians IRL.

      We all know the Kardashian-Jenner clan loves to buy real estate in wealthy California enclaves and now you have the chance to scoop up Kim’s Calabasas pied-à-terre for a cool $3.5 million. The beauty and shapewear mogul originally purchased the property in 2017 for $1.6 million while she was married to rapper and now estranged husband, Kanye West, reported Dirt. Two years later, the monochromatic, monastery-style flat appeared to be back on the market but was never sold. Now listed with Compass, let’s hope things go better the second time around.

      Kim Kardashian just listed her Calabasas condo for $3.5 million 

      MLS/Compass

      When it comes to interior design, the former couple is well known for their intensely minimal taste. This 2,260-square-foot condominium is no exception. A celebration of all things beige, Belgian architect Vincent Van Duysen was brought on for the modern-looking interiors and also helped conceptualize the duo’s notorious Hidden Hills mansion. The condo—while similar in its aesthetic but much smaller in its scale—is shown with sparse furnishings and an abundance of pale, neutral-colored organic materials.

      The minimalist home was designed by Belgian architect Vincent Van Duysen 

      MLS/Compass

      Located within Calabasas’s Avanti complex, the unit itself comprises three bedrooms and four bathrooms. Throughout the home are an array of pared-back design details that speak to Van Duysen’s simplistic yet stylized approach. Think wide-plank European oak flooring, gray plaster walls and dark designer light fixtures. It also comes with a chef’s kitchen that’s been decked out with top-of-the-line appliances such as a Gaggenau oven, Sub-Zero refrigerator and Bosh dishwasher. Elsewhere, the master suite has a freestanding JEE-o soho bathtub, Toto toilet, MGS faucets and a custom designer vanity. Honestly, we wouldn’t expect anything less.
      If the brutalist abode looks familiar, that’s because it’s made several appearances on the original Keeping Up with the Kardashians series over the years. In addition, the space also served as an office for KKW Beauty and Skims. So all you WFH entrepreneurs will be in good company.
      Click here to see all the photos of Kim Kardashian’s Calabasas condo.

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