×
You will be redirected back to your article in seconds

Jeremy Piven Re-Lists Malibu Beach House at Reduced Price (EXCLUSIVE)

Location:
Malibu, Calif.
Price:
$8.5 million
Size:
4,404 square feet, 4 bedrooms, 3.5 bathrooms

After more than a year on the market with an in-hindsight pie-in-the-sky initial asking price of $10.495 million that incrementally dropped to a still too aggressive $8.995 million, Jeremy Piven has engaged the services of a new, high-profile real estate agent and re-listed his beach front residence in Malibu, Calif., with a once-again reduced price of $8.5 million. The former “Entourage” star, whose CBS series “Wisdom of the Crowd” was cancelled last year during its freshman season amid mounting allegations of sexual assault, which the actor has denied, purchased the 4,404-square-foot, three-story home in 2004 for $3.5 million and the four-bedroom and 3.5-bathroom residence, along one of Malibu’s most sought after streets, according the marketing materials, had also been available in recent years as a furnished short-term rental at prices that fluctuated between $30,000 and $50,000 per month.

A secured and sun-dappled courtyard entrance partly shaded by a vine-draped trellis leads to open-plan living and dining spaces with chocolate stained oak floors, freshly painted white walls and wide banks of glass sliders that frame head on views of the Pacific Ocean and glide open to a slim, partially covered wrap-around deck with a freestanding molded plastic spa. Open to both the dining area and a petite lounge or breakfast area, the black and white kitchen is somewhat dated with bullnose-edged granite countertops but well and expensively equipped with up-to-date commercial style designer appliances.

A main floor bedroom works as a home office or yoga studio while a guest bedroom and bathroom along with a spacious screening room share the upper floor with an airy, over-sized master suite complete with a sitting area, private deck, fitted walk-in closet and a bathroom that listing details state “emulates a zen-spa atmosphere” with walls sheathed in smooth-polished rivers stones along with an ocean-view spa tub and a separate steam shower. With practical, hard-working terra-cotta floor tiles, the residence’s bottom-most level was designed for indoor/outdoor beachside entertaining with a dry sauna, a wet bar, a full bathroom and an expansive family room that spills out to a large deck that features built-in cushioned benches and sunbeds that hover just above the sand.

Piven, who landed a role in Jamie Foxx’s upcoming silver screen directorial debutAll-Star Weekend,” continues to own a 3,012-square-foot duplex penthouse with almost 1,000-square-feet of private terraces in a swanky boutique building in New York City’s Tribeca neighborhood he picked up in 2011 for $4,582,125 from retired professional baseball player Mike Piazza and last year, back in the L.A., he shelled out $6.8 million for a not-quite 5,000-square-foot glass-walled architectural with sweeping city and ocean views from a mountaintop perch high above Hollywood and Laurel Canyon.

Listing photos: Pacific Union

More Dirt

  • Annie Potts House

    Film and Television Veteran Annie Potts List Mid-Century Sherman Oaks Home

    Veteran film and television star Annie Potts and husband James Hayman appear to have caught a classic case of the Celebrity Real Estate Fickle, setting a mid-century residence in a secluded neighborhood just below Mulholland Drive in the foothills above Sherman Oaks, Calif., out for sale at $1.795 million after they bought it just over [...]

  • Ben McKenzie House

    ‘Gotham’ Star Ben McKenzie Sells Gotham Condo (EXCLUSIVE)

    “Gotham” star Ben McKenzie has sold a condo at the eco-minded Riverhouse complex in New York City’s Battery Park City that was last listed at $2.675 million. (Property records do not yet reflect a purchase price.) Married in 2017 to his Brazilian born and New York City raised “Gotham” co-star Morena Baccarin, the former “O.C.” [...]

  • Harry Styles House

    Harry Styles Still Seeking Sale of Sunset Strip Villa

    After more than 2.5 years on and off the market with an original asking price that pushed up on $8.5 million, British pop music phenom Harry Styles now has his modern villa above L.A’s Sunset Strip listed at $6.995 million. Once carrying costs, improvement expenses and real estate fees are calculated, the heavily tatted-up 25-year [...]

  • Vanessa Hudgens House

    Vanessa Hudgens Seeks Sale of Longtime Studio City Home

    Actress, recording artist and “So You Think You Can Dance” judge Vanessa Hudgens has her longtime home in the foothills above Studio City, Calif., up for sale at $3.85 million. The “High School Musical” franchise alum, who had a plum role earlier this year in the technical issue riddled televised musical “Rent: Live” and is [...]

  • Vance Owen Bel Air Mansion

    Producer Vance Owen Upgrades to Bel Air Mansion (EXCLUSIVE)

    Though he produced one of 2018’s worst performing and universally excoriated films, the John Travolta-starring biopic flop “Gotti,” personal injury attorney and prolific B-movie producer Vance Owen has nonetheless upgraded his real estate circumstances from a celeb-pedigreed Sunset Strip contemporary to an almost $6.9 million Mediterranean-inspired villa in the rustic-luxe upper reaches of L.A.’s Bel [...]

  • Armie Hammer Buys Hancock Park Mansion

    Armie Hammer Slides Into Hancock Park Traditional (EXCLUSIVE)

    A quietly dignified residence on in Los Angeles’ historic and historically well-to-do Hancock Park neighborhood has been sold for a tetch more than $4.7 million to an anonymous trust, and two ear-the-ground tattletales, including ever-reliable real estate yenta Yolanda Yakketyyak, swear the new owners are “On the Basis of Sex” star Armie Hammer and actress/baked [...]

More From Our Brands

Access exclusive content