Rande Gerber and Cindy Crawford Seek $60 Million for Malibu Estate

SELLERS: Cindy Crawford and Rande Gerber
LOCATION: Malibu, CA
PRICE: $60,000,000
SIZE: 5,254 square feet, 4 bedrooms, 5.5 bathrooms

YOUR MAMA’S NOTES: Cindy Crawford, in her catwalking salad days one of the most recognizable and highest earning models on the planet, and a male model turned booze and hospitality entrepreneur Rande Gerber heaved a newly refreshed multi-acre estate along the pricey and coveted Encinal Bluffs in Malibu on the market with an ear-piercing asking price of $60 million. The 3.18-acre spread comprises only the larger of the two parcels the uncommonly comely couple acquired in February 2015 for a total of $50.5 million from, we heard back then from real estate yenta Yolanda Yakketyyak, the family and heirs of late billionaire biotech tycoon Walter De Logi (PhD).

Current listing details state “a celebrity couple” “transformed” the estate into “a one-of-a-kind beach compound” with more than three “natural manicured acres” that offer unparalleled panoramic ocean views and a private path to the beach. The main residence, 5,254-square-feet according to online listing details, is configured with three and potentially four bedrooms and 5.5 bathrooms. The two-story main residence, a vaguely Mediterranean style affair at the end of a long driveway that “winds past a tennis court,” measures in at 5,254-square-feet centered around a massive a great room that incorporates several sitting areas, a library nook, a dining room, a gourmet kitchen. Wide banks of floor-to-ceiling glass sliders open the meandering space to a wrap around terrace with fire pit and unobstructed views. A circular staircase climbs to the upper level where two en suite guest/family bedrooms, both with private entrances, are joined by a “large ocean view master suite” with fireplace, sitting area, dual dressing closets and two “spa-like” bathrooms. A fourth potential bedroom with ocean vistas is configured as a media room and a separate suite offers a fully equipped kitchen, another “spa-like” bath and a “large closet.” A swimming pool, just beyond a wind-shielded courtyard at the front of the house has an open-air pavilion for shaded lounging and dining.

Last year the Crawford-Gerbers, long the owners of a multi-structure compound next door to the estate they just put up for sale, earned a fortune when they successfully flipped a house on Malibu’s Point Dume that they bought in June 2014 for $6 million, extensively rehabbed, listed for $15.45 million and sold in July 2015 for $13.341 million. Earlier this year they also made property gossip headlines when and their b.f.f. George Clooney sold a pair of matching but not identical beachfront villas in a swanky gated development in Cabo San Lucas for a reported $100 million.

Listing photos: Coldwell Banker and Westside Estate Agency (via Redin)

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  1. Me says:

    Why not $160 million? Will not sell

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