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    Facebook’s Former CFO Drops a Record $52 Million for a Mansion on Malibu’s Point Dume

    Three years ago, after many years of living in California‘s Silicon Valley, Gideon Yu traded his Atherton mansion for the bright lights of Los Angeles. The veteran technology executive and his longtime wife Susie dropped $9.5 million on a large house in the suburban neighborhood of Sherman Oaks, where the couple has quietly resided ever since.

    But with the heat of summer approaching, the Yus have done what countless other wealthy L.A. families before them already did—they’ve bought an expensive vacation home in the seaside town of Malibu. Records indicate the Yus were the buyers who recently shelled out $52 million—in cash—for a blufftop estate on Malibu’s Point Dume.

    Never on the market, the $52 million house recently underwent a major contemporary remodel.

    Google Earth

    That sale price ranks as the most ever paid for a single-family house on Point Dume, a neighborhood known for its many famous faces. Current residents include Bob Dylan, Sean Penn, Chris Martin, Julia Roberts and Owen Wilson; also in the area are high-profile businesspeople and political figures—Google co-founder Sergey Brin, Jordan’s King Abdullah, billionaire hedge fund manager Chase Coleman and Jeff Bezos, who rents a compound owned by Kenny G.

    Because Yu’s new house was never on the market, photos are scant and current details few. But the 0.76-acre property last sold in summer 2020 for $22 million to Stuart and Stephanie Liner, the married real estate developers who have bought and flipped dozens of other luxury estates in the Los Angeles area.

    At the time of the Liners’ acquisition, the blufftop compound was an extravagant fixer, supremely well-located but saddled with dated interiors and amenities. The couple subsequently embarked on a multi-year, multimillion-dollar remodel that transformed the 1980s modern-style structure into a chicly contemporary home that happens to feature unobstructed ocean views.

    The house sits behind gates and a full-size, lighted tennis court.

    James McClain

    Robb Report is not sure if these figures are still accurate, but tax records say the house offers five bedrooms and seven bathrooms in about 6,000 square feet of living space. There’s also a full-size tennis court and a backyard swimming pool overlooking the Malibu coastline. Naturally, the residence also transferred with a coveted key to Little Dume Beach, the semi-private and difficult-to-access beach that lies just below the cliffs of Point Dume.

    The clifftop property happens to sit right next door to Johnny Carson’s former compound, which was sold in 2019 for $40 million to billionaire Juul investor Riaz Valani. The previous Point Dume sales record was held by another blufftop mansion that transferred for $49 million in early 2022.

    Yu, 52, has held multiple high-level tech executive positions over his career, including at both Yahoo and YouTube. However, he’s perhaps best-known for serving as CFO of Facebook from July 2007 until March 2009. Despite Yu’s relatively short stint as CFO, unconfirmed reports say he may have left the social media giant with as much as $500 million in stock.

    Today, Yu is a private investor and a member of the ownership group that controls the San Francisco 49ers football team. In 2012, he became the first president of color in NFL history. More

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    ‘Rustin’ Star Colman Domingo Picks Up a Glassy Ed Niles-Designed Architectural in Malibu

    Last summer, a particularly striking Malibu residence crafted by modernist architect Ed Niles popped up for sale in the coastal hills of Ramirez Canyon with a $6.4 million price tag. Now, nine months and a couple of price chops later, that place has officially sold to veteran stage and screen actor Colman Domingo for a discounted $4.4 million.

    Nestled atop a 1-acre parcel of land, within an exclusive gated enclave offering tunnel access to Paradise Cove Beach, the property was completed in the early 1970s and has since been remodeled. Connected via a skybridge and staircase are two separate buildings—one the contemporary steel-and-glass main house, and the other holding a bonus room, bathroom and walk-in closet—for a total of four bedrooms and a matching number of baths in a little more than 4,100 square feet.

    As for the primary residence, its minimalist interiors are laced throughout with white porcelain floors, high ceilings and vast expanses of glass framing views of the natural surroundings from almost every vantage point. Upon entry, a spacious living room is spotlighted by a wet bar and central floating staircase, while the rear of the house sports a family room, dining area, and sleekly designed kitchen outfitted with custom cabinetry, white quartz countertops, an eat-in island and top-tier Bertazzoni appliances.

    Upstairs, a swanky primary bedroom suite boasts a walk-in closet, as well as a spa-like bath equipped with dual vanities, a large marble shower and an oval sunken tub resting atop a wooden platform; and outdoors, the grassy grounds host a pair of patios, the main one warmed by a fire-pit and another connected to the bonus-room structure. There’s also an attached two-car garage, plus additional parking for four more vehicles.

    A Philadelphia native, the 54-year-old actor has spent 30-plus years honing his craft for stage and screen. Domingo’s first leading role came as openly gay black Civil Rights leader Bayard Rustin in the George C. Wolfe-directed historical drama Rustin, for which he earned his first Oscar and Golden Globe nods. He’s also appeared in The Color Purple, Selma, Ma Rainey’s Black Bottom, Fear the Walking Dead and Euphoria, the latter of which earned him a 2022 Emmy for “Outstanding Guest Actor in a Drama Series.” He’s got a handful of Tony nominations under his belt to boot.

    In addition to his new Malibu home, Domingo and his longtime husband Raúl Domingo also own a Jules Salkin-designed midcentury house in the Southern California town of Downey that they paid just over $1 million for back in late 2018. The revamped digs were subsequently featured in Architectural Digest. More

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    ‘Star Wars’ Filmmaker Kathleen Kennedy Sells Malibu Beach House to Prominent Video Game Exec

    Eight months after it first popped up for sale with an impressive $18.5 million ask, Lucasfilm President Kathleen Kennedy and her producer husband Frank Marshall have officially handed over the keys to their longtime Malibu getaway.

    The new owner is digital media and technology veteran Tim O’Brien, chief revenue officer and board member of the interactive entertainment company and mobile games publisher Scopely, who paid roughly $6 million less than the couple originally wanted. But it’s still around $3 million more than the Oscar-nominated filmmakers—collectively known for blockbuster hits such as E.T., Indiana Jones and the Star Wars franchise—doled out for the place nine years ago, back in spring 2015.

    Perched atop a gated 2.2-acre promontory in the exclusive Carbon Mesa enclave, at the end of a secluded cul-de-sac high above La Costa Beach, the modern gray-hued structure was built in the mid-1990s. Renovated in the years since, the single-story home includes four bedrooms and an equal number of baths filtered across nearly 4,000 square feet of living space adorned throughout with wide-plank hardwood floors, high ceilings and walls of glass providing sweeping coastal vistas.

    Among the highlights: an expansive great room holding a living area resting beneath a vaulted wood-beam ceiling, and sporting a decorative fireplace, seated bar and Fleetwood sliding glass doors spilling outside. The formal dining room opens to a garden, while a gourmet kitchen is outfitted with an eat-in island, top-tier stainless appliances and a cozy fireside breakfast nook.

    Elsewhere is a spacious primary bedroom suite that comes complete with a fireside sitting area, private patio, large walk-in closet, and luxe bath equipped with dual vanities, a spa tub and glass-encased shower; and outdoors, the leafy grounds host an infinity pool and spa, a built-in barbecue, custom fire-pit, several lounging areas and an al fresco shower. There’s also a detached two-car garage and an additional gated entrance for guests or services, plus deeded rights to the La Costa Beach & Tennis Club.

    In addition to their recently sold Malibu property, Kennedy and Marshall also still maintain a permanent residence in the Sullivan Canyon area of Los Angeles that was previously owned by Bea Arthur. More

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    A Celebrity Hairstylist Just Dropped $8 Million on a Scenic Malibu Estate

    Social media savvy celebrity hairstylist and haircare entrepreneur Jen Atkin has traded in her chicly renovated home in L.A.’s suburban neighborhood of Tarzana for an impressive blufftop estate in the rugged hills of Malibu. where she and her husband, fashion photographer Mike Rosenthal, have splashed out about $8.1 million for a 5,000-square-foot, Tuscan-influenced mansion with supremely dramatic ocean views.

    Atkin paid $4.5 million for the Tarzana place in early 2021 and just flipped it—in an off-market deal—for $6.2 million to Melissa Mowbray-d’Arbela, an investor and the ex-wife of former Canada Pension Plan Investment Board CEO Mark Machin. Built brand new in 2017, and set behind gates on about two-thirds of an acre at the head of a horseshoe driveway, the home incorporates a number of architectural genres, from a classic, low-slung California ranch house to a shingled and whitewashed East Coast traditional to the ubiquitously trendy “modern farmhouse” style that has proliferated across L.A. over the last handful of years.

    Sited high above Pacific Coast Highway at the end of a narrow and winding road, the gated compound offers many resort-style amenities.

    As for the Malibu compound, it was designed by acclaimed architect Marc Appleton, built new in the early 2000s and last sold in late 2021 for $7.7 million, per records. In addition to a two-story main house, which will no doubt be given a fashionable overhaul by Atkin, the 1.3-acre property also includes a detached two-car garage and a wee guesthouse/studio building, plus a large rectangular swimming pool, a full-size tennis court and wraparound patios ideal for grand-scale al fresco entertaining. The main house packs in four bedrooms and four bathrooms, nearly all of which are blessed with 180-degree coastline views—from the sunrise at Palos Verdes peninsula and Catalina island, to the sunset over Point Dume and Channel Islands.

    Atkin continues to maintain a strikingly contemporary vacation home in Seattle, which was featured in a 2022 issue of Architectural Digest. Located on the shores of Lake Washington, that $4.6 million house was designed by architect Peter Cohan and offers five bedrooms and 4.5 baths in about 5,400 square feet.

    The haircare mega-influencer, who the The New York Times once called “The Most Influential Hairstylist in the World,” and who boasts 5.3 million Instagram followers, has long cut and pressed the tresses of a loyal celebrity clientele who include Katy Perry, Jennifer Lopez, Chrissy Teigen, Gigi and Bella Hadid, and the entire Kardashian family. The Utah native, 44, is also the founder of uber-successful hair care product line OUAI, creator of a range of hair extensions and accessories, the author of the cheekily titled self-help memoir “Blowing My Way to the Top,” and the founder of the digital magazine More

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    A Tech Billionaire Dropped $12 Million on a Malibu Estate With Nearly 200 Feet of Beach Frontage

    In a beach town where home prices have topped $170 million on more than one occasion, It’s rare to find 1.5 acres of contiguous oceanfront land available to buy at an affordable price. But Jeff T. Green, the tech investor who was at one point Utah’s richest man, has indeed done just that. Records indicate the 46-year-old CEO of The Trade Desk was the buyer who recently scooped up a significant property in the far western reaches of Malibu.

    Of course, “affordable” is a relative term in this case. Green’s little splurge set him back about $12.3 million, certainly a huge sum of money but nothing out of the ordinary as Malibu beachfront prices go. For that chunk of change, Green received two side-by-side properties: one of them a 0.28-acre parcel with a 5,000-square-foot house, and the vacant lot immediately next door, which spans about 1.2 acres.

    Green—who sports a net worth of $4.6 billion, per Forbes—actually closed on the two-parcel estate at the tail end of 2022, although the transactions were not reported at that time. Since then, he has not moved into his new beachfront estate; the existing house, a large but dated modern-style structure built in the early 1990s, appears to be undergoing a big renovation. It’s still unclear what Green plans to do with the empty lot next door, which could easily accommodate an oceanfront mansion all on its own.

    Sited behind gates and greenery, the 1990s house and the vacant lot next door together span some 1.5 oceanfront acres.

    Google Earth

    Long owned by a non-famous businesswoman from Chicago, the current structure appears to be mostly unchanged since it was completed in ’93. Tucked behind gates, the notably boxy, tri-level residence will wow guests with its three-story foyer. There are beige stone floors throughout, plus numerous sets of sliding glass doors that spill out onto ocean-view terraces.

    Other highlights include a mostly all-white kitchen with tile floors and premium SubZero and Wolf appliances, plus a main level bedroom with ensuite bathroom. The home’s three family bedrooms are located on the second floor, including the spacious primary suite. Also on the second floor lies a separate but in-house apartment complete with a living room, fireplace, kitchenette, full bath, and separate entrance with a balcony just outside. This space would be ideal for a live-in staff member, or for an extended family member, guests or as a deluxe work-from-home office space.

    But the home’s third floor is what really impresses. Up there is a big sunroom, plus a 2,000-square-foot, open-air rooftop deck with stunning views for miles up and down the scenic Malibu coastline. And while some naysayers may decry this home’s location as being “too far” from the bustle and shopping destinations of Malibu’s downtown area, it should be noted that this area is far less crowded than downtown Malibu, and Green’s estate is blessed with more than 180 feet of sandy beach frontage.

    Green’s Thousand Oaks main residence, which he bought from Britney Spears in 2017.

    Google Earth

    Green, who appears to have split from wife Lynette a few years back, continues to maintain a main residence in Thousand Oaks, where in 2017 he paid Britney Spears $7 million for a sprawling Spanish-style estate behind the guarded gates of the exclusive Sherwood Country Club. More

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    A Tech Entrepreneur Spent $13 Million on Late Architect Harry Gesner’s Unique Malibu Home

    Famed Malibu architect Harry Gesner died in summer 2022, just weeks after his 97th birthday. To say Gesner led a colorful life would be putting it mildly; the word “epic” is probably be more apt. Born in Southern California to an engineer father and an artist mother, he was flying planes by age 14. At 19, he stormed the beach at Normandy; after the war, he first worked as a waterski instructor in Lake Arrowhead before turning down an invitation from Frank Lloyd Wright to study at Wright’s Taliesin architecture school in favor of being a tomb raider in Ecuador. Along the way, he famously dated numerous models and actresses, fraternized with Errol Flynn and Marlon Brando, collected fancy sports cars and surfed every day into his late eighties.

    Gesner designed many homes all over California, but his best-known works are found on the shores of his beloved and adopted hometown of Malibu. Among them are the iconic Wave House, designed for one of the architect’s surfing buddies with a copper-scale-topped roofline that resembles a series of cresting waves.

    Next door to Wave House is Gesner’s own longtime family abode, which he called Sandcastle. Completed in 1974, it is a testament to Gesner’s commitment to sustainable building practices. Among the salvaged materials used for its construction are old telephone poles, wall panels made from aqueduct pipes, birdseye maple from a high school gym, marble from public baths that were about to be demolished, old-growth redwood harvested in the 1800s, and windows and doors saved from one of Hollywood’s silent film theaters.

    First listed last year at $27.5 million, the oceanfront house has just sold for a heavily slashed $13.5 million. The discount-minded buyer is tech entrepreneur Jason Fried—co-founder and CEO of Basecamp, a multibillion-dollar project management firm, and a noted architecture enthusiast. Last year, Fried dropped $26 million on an especially glorious old estate in the California’s Carmel Highlands neighborhood.

    At the Sandcastle home’s entry is a library/lounge with floor-to-ceiling bookshelves and ocean views. From here, one proceeds to the heart of the house, a commodious, window-wrapped living/dining room featuring massive spoke-like beams, wood-plank ceilings, and a vast brick fireplace at its hub. Modeled after the Hollywood Bowl, the fireplace and its large polished concrete hearth served as a stage for Gesner’s wife, actress Nan Martin.

    Echoing the cylindrical shape of the house itself, the kitchen wraps around a circular island and has tile countertops, stained glass lunettes fitted into the beams overhead, a fireplace, updated appliances, a breakfast bar, and a walk-in pantry. Adjacent to the dining area is a solarium with stained glass panels, beyond which lies the wraparound deck.

    The home’s main level also contains two en-suite bedrooms, one with built-ins making it suitable for use as an office. Upstairs is the primary suite tower, featuring lofty ceilings, a brick fireplace, eyebrow windows, a sitting area with ocean view, and a spiral staircase with handmade driftwood treads corkscrewing up to a studio/loft/meditation space.

    Additional structures on the .73-acre property include a “tree house” apartment with kitchenette, living room/dining area, bedroom, bath, and wraparound deck; a “boat house” with a full kitchen, ocean-view living/dining room with a built-in table and porthole windows; and another one-bedroom apartment “nest” with ocean view and stained glass above an indoor/outdoor cabana. There’s also a three-car garage with additional parking pad.

    Along with 122 feet of beachfront, exterior amenities include a covered deck, a brick patio, a lawn, an outdoor shower, surfboard and other storage areas, a staircase to the beach, and multiple vantage points from which to enjoy glorious sunset views. More

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    Roc Nation’s CEO Drops $15 Million for a ‘CSI’ Creator’s Malibu Home

    After roughly six months on the market amid declining asking prices that began at $18.5 million and ultimately and gradually fell to just under $17 million, CSI creator Anthony Zuiker has managed to sell his oceanfront home in Malibu, records indicate. The Broad Beach-adjacent estate went for about $15.3 million to Jay Brown, the brash Roc Nation co-founder and CEO who oversees the careers of some of music’s most notable talents, among them Jay-Z, Rihanna and Alicia Keys.

    Zuiker, 55, acquired the property about five years ago from NBA superstar Kevin Durant, paying about $12.2 million. But with extravagant homes in many other in many other cities—Las Vegas, Lake Arrowhead and Montecito, just to name a few—the Las Vegas native and his wife Michelle ultimately did not end up using their oceanfront vacation pad as much as they originally anticipated.

    Cleaved to a steep slope along a postcard-ready cove at the end of a private, gated cul-de-sac, the slightly more than 5,100-square-foot contemporary has four bedrooms, six bathrooms and four fireplaces over spread three floors serviced by an elevator. Spare, modern and relaxed with premium-quality finishes, light-filled interior spaces feature wide plank French oak floorboards, vast expanses of art-friendly white walls and vaulted ceilings. Floor-to-ceiling glass panels slide open to unite the house with three levels of decks with ocean, coastline and sunset views.

    Under a massive skylight, the main living room has a minimalist, raised hearth fireplace set into a hand-burnished plaster wall while the adjoining dining room is completely open to an all-white kitchen expensively fitted with designer-grade appliances and Calacatta marble counter tops that waterfall over one end of a center island. The residence’s wide variety of other living and entertaining spaces include a cozy den, a home theater, a library, a lofted massage and exercise studio and a media lounge complete with a full kitchen, showy, glass-fronted wine cellar and direct access to an outdoor dining terrace with a private staircase to the beach.

    In addition to their new Malibu getaway, Brown and his longtime wife Kawanna continue to maintain a spacious, Mediterranean-styled home in the upper reaches of L.A.’s Bel Air neighborhood. They also own a high-floor condo in one of the many high-rise buildings that dot L.A.’s always-bustling Wilshire Corridor area near Century City. More

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    Model Miranda Kerr Is Selling Her Longtime Malibu Compound

    Ten years ago, fresh off her divorce from actor Orlando Bloom, a newly single Miranda Kerr paid $2.2 million for a 0.73-acre property in the far western reaches of Malibu, sequestered at the end of a little-known cul-de-sac above Pacific Coast Highway. Since then, much has changed. The former Victoria’s Secret model is now married to billionaire Snapchat CEO Evan Spiegel, with whom she shares an international portfolio of lavish estates and several children.

    So while the Kerr-Spiegels have continued to use the Malibu home as a local getaway, it’s probably no surprise that the couple has now opted to unload the relatively petite spread, a hillside compound comprised of four separate buildings. The nearly $4.5 million asking price reflects the numerous custom upgrades Kerr has made to the place during her decade of ownership, plus the continued surge in Malibu property values. It’s worth noting that the property also has a rich Hollywood history—for decades, until his 2009 death in this house, the place was owned by acclaimed actor James Whitmore, perhaps best known to the current generations for his prime role in the 1994 film The Shawshank Redemption.

    The all-white main house features breezy, open-plan living space and windows that frame peek-a-boo views of the ocean.

    Marcelo Lagos

    In the single-story, nearly 2,200-square-foot main house, open plan and all-white living areas includes aliving room with wide-plank wood floors, a raised hearth stone and fireplace surrounded by built-in bookshelves, a vaulted and beamed ceiling, and a pentagonal wall of windows with a serene, through-the-trees ocean view. The adjoining and also ocean view dining area has glass sliders on two walls and is divided from the upgraded kitchen by a stool-height snack counter.

    Two family bedrooms share an unusually spacious hall bathroom with wood floors, dramatically vaulted and sky-lit ceiling and a huge tiled vanity. The master bedroom offers several Palladian-style windows with whitewater views, access to an ocean view deck and a renovated bathroom with an oversized and skylit shower space.

    There’s a brick terrace around the swimming pool and attached spa as well as a vast, partly covered and trellis-shaded deck that wraps around the dining room end of the house and makes a broad run the full length of the house. Tall trees and towering bamboo shoots that shade the deck both obscure and frame glimmering vistas over the ocean.

    Also on the lush property are a pond suitable for koi, large wooden decks and off-street parking for a dozen or more cars.

    Marcelo Lagos

    The three other structures on the property are comprised of a 684-square-foot pool house equipped with a gym and changing facilities, plus two hillside guesthouses—both of them weighing in at under 500 square feet but one slightly larger than the other. All told, the property offers six bedrooms, five full bathrooms and a single powder room. Brian Goldberg of Luxury Malibu Property holds the listing.

    For the moment, Kerr and Spiegel mainly reside in L.A.’s Brentwood neighborhood, in a $12 million mansion once owned by Harrison Ford. The couple also maintains a $30 million villa in Paris, France, a vineyard estate in Kerr’s native Australia and a $120 million mega-estate in Holmby Hills that’s finally nearing completion after years of construction. Spiegel, who was raised in L.A.’s posh Pacific Palisades neighborhood, also continues to own the very first house he ever bought — a charming $3 million “cottage” on a narrow street in Brentwood.

    Click here for more photos of Miranda Kerr’s Malibu house.

    Marcelo Lagos More