Malibu is a billionaire’s playground, and now Kim Kardashian is making sure she gets to play there too.
The Skims founder has just spent $70 million for a four-bedroom, six-bathroom estate in that tony California enclave—an estate that once belonged to Cindy Crawford and her husband, Rande Gerber.
It is the biggest Malibu deal of the year, and the fourth largest sale in the entire state of California for 2022.
The move comes weeks after Kardashian, 41, listed two of her Los Angeles properties – a Calabasas flat and a Hidden Hills Ranch.
Spanning over 7,450 square feet on 3 acres of land, the Malibu Villas have a private walkway leading to a private beach. The contemporary-style residence can be entered after a long driveway past tennis courts, the previous listing notes.
After a complete renovation, the home is designed for an easy indoor-outdoor flow.
The main floor houses the great room that connects the living room, den, dining room and gourmet kitchen with floor-to-ceiling sliding glass doors. It boasts panoramic ocean views and comes with a wide wraparound deck with a fire pit.
The primary suite has a fireplace, seating area, dual spa-like bathroom and walk-in closet. There are two additional en-suite bedrooms, a media room, a light and bright gym with vaulted ceilings – and a fourth bedroom with a private entrance, a kitchen and a bathroom, described in the previous listing.
Outdoor amenities include a pool, a spa, a pool deck, and a cabana with a fireplace.
It was last owned by retired hedge funder Adam Weiss, who bought the property in 2018 from Crawford & Gerber for $45 million.
Over the past year or two, the idyllic beach town has claimed the top spot for the ultra-wealthy. While the Kardashians acquired the most precious home in Malibu this year, the most expensive sale in the community is from venture capitalist Marc Andreessen. Andreessen and his wife, Laura Arillaga-Andreessen, jointly purchased three separate Malibu estates for $255.5 million.
Kardashian’s purchase comes a year after her ex, Kanye West, paid $57.3 million for a concrete-heavy Malibu house designed by award-winning starchitect Tadao Ando, which is just 15 miles away.
Jade Mills did the listing with Coldwell Banker Realty.