Eli Broad slashes the price of his Malibu, Calif., Home to $ 58.5 million

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The home’s location, Carbon Beach, nicknamed “Billionaire’s Beach,” is teeming with rich and famous residents.

Screenshot of Realtor.com

A gorgeous Malibu, California home owned by philanthropist Eli Broad on the exclusive Carbon Beach (nicknamed “Billionaire’s Beach” by its rich and famous residents) has fallen from $ 75 million to $ 58.5 million.

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Entrance Screenshot of Realtor.com

The estate was designed by Pritzker Prize-winning architect Richard Meier, who is the designer of the Getty Center, Barcelona Museum of Contemporary Art and San Jose City Hall, the Los Angeles Times reported. .

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Interior Screenshot of Realtor.com

“Built with the highest level of detail and craftsmanship for one of the world’s foremost art collectors, the house features a bright two-story entrance and living room with glass walls overlooking the beach deepest sand in Malibu, beachfront terraces for entertaining and a private grassy yard, “the listing states.” There are five bedrooms, seven bathrooms and a full guesthouse, beautifully proportioned with precise details Completely private and gated A true once in a lifetime opportunity.

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Bedroom Screenshot of Realtor.com

According to Dirt, “Billionaire’s Beach” occupies one mile of Malibu’s 21 miles along the shore, and the estate is in extravagant company, which includes properties owned by Los Angeles Dodgers owner Mark Walter and oil mogul Michael S. Smith.

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Platform Screenshot of Realtor.com

“What is this irresistible stretch of beach?” Dirt asked. “First and foremost: several other billionaires live there. Second, unlike many homes in the Malibu Settlement, the homes along Carbon Beach are built directly on the sand and have no seawall that intrudes on the ocean view. Apparently, it’s the little things that count when you have billions.

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Billionaire philanthropist Eli Broad arrives for a groundbreaking ceremony for The Grand, a long-delayed massive development in downtown Los Angeles on Monday, February 11, 2019. (AP Photo / Richard Vogel) Richard Vogel PA

Broad is a philanthropist who co-founded homebuilder Kaufman & Broad in 1957, according to Forbes. His net worth in April was $ 6.9 billion.

TJ Macías is a real-time national sports reporter for McClatchy based at the Dallas / Fort Worth Metroplex. Previously, TJ covered Dallas Mavericks and Texas Rangers beats for numerous media including 24/7 Sports and Mavs Maven (Sports Illustrated). Twitter: @TayloredSiren


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