Joe Flanigan Sells Malibu Compound

A 14-acre compound in a gated enclave above Malibu’s prestigious Point Dume has been sold by actor Joe Flanigan for $4.65 million, substantially below its last published asking price of nearly $6.5 million.* Best known for his role on the sci-fi cable series “Stargate: Atlantis,” Flanigan purchased the two-parcel spread with his now-estranged wife, actress/painter Katherine Kousi, in December 2006 for $3.68 million. The estate first appeared on the market in October of 2014 at $5.99, million but the price was almost immediately raised to just under $7 million before it was reduced by $500k. Property records show the discount buyers’ identity shielded behind an inscrutable corporate cover.

The main house comes in at a bit over 2,700 square feet, per listing details, with four bedrooms and three bathrooms. A cavernous combination living/dining room with hand-finished wood ceiling is joined by a spacious skylit kitchen handsomely fitted with butcher-block countertops. Numerous stone terraces ring the residence, and a couple of studio-style structures are set side by side on a flat pad above the house and lap-lane swimming pool. Some of the neighboring estates are owned by Hollywood heavyweights Richard Appel and Marcy Carsey.

*New information has come to our attention that shows the two parcels that comprise the property in question were sold in two separate but contiguous transactions, one valued at $4.65 million and the other at $1.5 million. That means we got it wrong the first time around and the real and true sale price of the Flanigan compound was, as property records now reflect, $6.15 million.

listing photos: Berlyn Photography for Coldwell Banker

Filed Under:

Post A Comment 2

Leave a Reply


Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  1. Joe says:

    and actually it was sold for $6.2 million. do your research

  2. Karen Kanter says:

    Actually, it’s Flanigan. Any fan of the Stargate franchise could tell you that, not to mention the IMDB, etc.

More Dirt News from Variety