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Joel Silver’s Malibu Pad Is Back for M, Making It Most Expensive New Listing

Producer Joel Silver has one more blockbuster to introduce: His Malibu, CA, beach house is back on the market for $52 million. Even with a freshly lowered price, it’s still our most expensive new listing of the week on realtor.com®.

The 65-year-old responsible for the “Matrix” trilogy, the “Lethal Weapon” franchise and the first two “Die Hard” movies has rebooted his Malibu real estate listing.

As we reported over a year ago, Silver was offering the home for a whopping $57 million. But the listing languished. So now, like a reinvented action hero, it’s back, and better than ever. Or, at least, with better photos.

Now we get an up-close view of the ultra-exclusive Carbon Beach property, which comes with 130 feet of beach frontage and one of the longest lots on Carbon at 250 feet.

The seven bedrooms and eight bathrooms are spread out on an almost 3/4-acre lot, which includes the only lighted tennis court property on the beach side, according to listing agent Judy Feder with Hilton and Hyland.

Enter from the circular driveway through the serene courtyard into the two-story main house, which features open living spaces, a lofted office above the living room, a chef’s kitchen, dining room with fireplace, five bedrooms, and six bathrooms. The master suite features glass doors that open to a private balcony.

The extensive outdoor space includes a pool, spa, and multiple covered patios as well as sun decks. There’s a staircase that leads down to the beach, and the property is situated directly at the water’s edge.

There’s also a detached guest house with two more bedrooms and two bathrooms.

“The property is one of the largest left for sale on the most prestigious beach in Malibu, Carbon Beach,” says Feder.

If Silver gets anywhere near the neighborhood of his ask, he will be pocketing a nice profit. He purchased the property from the late producer Robert Chartoff in September 2003 for $14.4 million, according to Variety.

Unlike many sequels, this real estate deal may turn out better than the original.

The post Joel Silver’s Malibu Pad Is Back for $52M, Making It Most Expensive New Listing appeared first on Real Estate News & Insights | realtor.com®.

Source: Real Estate News and Advice – realtor.com » Real Estate News