You will be redirected back to your article in seconds

Ryan Kavanaugh Cuts Price, Sells Malibu Estate

Malibu, Calif.
$8.1 million
5,338 square feet, 5 bedrooms, 5.5 bathooms plus 1-bed/1.5-bath guesthouse

After three, long and no-doubt frustrating years on and off the market, Ryan Kavanaugh has finally sold his Nantucket-inspired Malibu estate for $8.1 million. Still a tidy sum above the $7 million the film producer and financier paid in 2013, the sale price is nonetheless a far cry from the not quite $10 million originally asked over the summer of 2016 for the one-acre Point Dume spread, which was relisted at nearly $10.7 million about a year ago.

The just shy of 5,400-square-foot, gambrel-roofed main residence features luxuriously relaxed interiors with five bedrooms and 5.5 bathrooms, while a two-story guesthouse contains another bedroom and 1.5 bathrooms plus a poolside lounge with complete kitchen. The main house’s front door opens informally directly into a combination living and dining room with a double-height ceiling and a bookshelf-flanked fireplace. The cook-oriented kitchen is decked out at great expense with gray-veined white marble countertops configured around a huge center island and open to a cozily proportioned den and breakfast nook where a gigantic picture window frames a picturesque, over- and through-the-treetops ocean view.

Kavanaugh, who recently announced plans to develop a state-of-the-art film studio and theme park in China, was represented in the deal by his mother, Leslie Kavanaugh, at Rodeo Realty; the buyer was repped by Glen Steele at Pinnacle Estate Properties.

Well known for his penchant for an extravagant lifestyle — during Relativity’s heyday, he reportedly commuted to work from Malibu by helicopter — Kavanaugh has bought and sold a handful of high-priced homes in the Los Angeles area over the past several years. And, indeed, he has another home in Pacific Palisades, a brand-new, custom-built Hamptons-style mansion with spectacular ocean and coastline views, up for sale at $25 million. He additionally owns six adjacent vacant residential parcels along what marketing materials describe as “a city-approved new street” that are available as a group for $25 million.

Popular on Variety

More Dirt

  • Khaldoon Al Mubarak House Brentwood

    Manchester City's Khaldoon Al Mubarak Lists Posh L.A. Mansion

    An Mediterranean-style villa on a particularly charming, tree-lined street in Brentwood — the family-friendly yet enormously wealthy neighborhood on L.A.’s Westside — recently popped up for sale. Owned by cosmopolitan Emirati businessman Khaldoon Al Mubarak, the high-profile chairman of Britain’s Manchester City Football Club, the property has served as a part-time West Coast outpost since [...]

  • Kunal Nayyar House

    Kunal Nayyar Lands Sophisticated Hancock Park Estate

    Kunal Nayyar, one of the stars of the astronomically successful sitcom “The Big Bang Theory” and, hence, for several years running one of the highest earning actors on television, has plunked down a hefty $7.5 million for a stately English Tudor manor house in L.A.’s historic and historically hoity-toity Hancock Park neighborhood. Well below the [...]

  • Michael Jordan Mansion

    Michael Jordan Lists Park City Mansion at $7.5 Million

    MBasketball legend, badass businessman and property gossip column veteran Michael Jordan has hung a $7.5 million price tag on a rustic-modern mansion on the rugged and ritzy northern outskirts of Park City, Utah. According to listings held by Jake Doilney and Charlie Taylor of The Agency in Park City, the furniture is available separately. Property [...]

  • The Ennis House Sells for Record

    Frank Lloyd Wright's Ennis House Sells for $18 Million, Setting New Record

    After an incredible publicity blitz and well over a year on the market, Frank Lloyd Wright’s world-renowned Ennis House — tucked into the foothills of Los Feliz, near L.A.’s hipster-approved Eastside — has sold for $18 million to an as-yet-unidentified buyer. That number, while significantly below the $23 million ask, ranks it as the priciest [...]

  • Bryan Cogman House Sherman Oaks

    'Game of Thrones' Alum Bryan Cogman Snags Contemporary L.A. Retreat

    Fresh off a stint as writer and co-executive producer on “Game of Thrones,” Bryan Cogman recently joined Amazon’s upcoming “Lord of the Rings” series as a consultant, just months after he inked an overall deal with Amazon Studios. And the increasingly in-demand wordsmith has long been attached to Disney’s upcoming live-action remake of “The Sword in the Stone” [...]

  • Camille Grammer House

    Camille Grammer-Meyer's Malibu Beach House For Rent

    Just a few months after she completed a quick, comprehensive and no-doubt costly overhaul, Camille Grammer-Meyer has put a beachfront residence along one of the most sought after stretches of sand in Malibu, Calif., up for rent at $25,000 per month. The recently married former “Real Housewives of Beverly Hills” cast member, who received $30 [...]

  • Jaclyn Hill House Beverly Hills

    YouTuber Jaclyn Hill Rents $20 Million Beverly Hills Mansion

    It’s no secret that YouTube “celebrities” have a taste for the finer things in life. Some take a shine to designer clothing; others flaunt their exotic automobiles. Still others sink their millions into slick mansions, the kind with elevators and infinity pools. And the very wealthiest echelon of influencers, folks like controversial social media superstar [...]

More From Our Brands

Access exclusive content