In Malibu, an actor’s one-bedroom home aims for $18.45 million

Malibu is an unprecedented market. The coastal community boasts some of the most sought-after properties in the country and as such, they regularly see record-setting deals and sky-high price tags.

The latest listing for shooting the stars is in Malibu’s Point Dume, where a one-bedroom and one-bathroom home is asking for $18.45 million.

It’s the most expensive card for a one-bedroom home in all of Southern California – a mile away. To find the second most expensive one, you’ll have to head to Newport Beach, which has a 1,200 square foot home in a protected community that costs $5 million.

However, the Point Dume estate offers much more than just one bedroom. First, it has been owned for half a century by James Olson, the actor who has starred in the films “Commando” and “The Andromeda Strain” and appeared in dozens of TV series. He died earlier this year at the age of 91.

Olson entered the market at the right time; records show he paid $47,500 for the property in 1971.

The beach house also has plenty of space, spanning nearly an acre. While the surrounding properties cram as much square footage into their plots as possible, Olson’s home measures only 1,701 square feet and saves room for lawn gardens at both the front and rear. , as well as a paved courtyard to the side and steps down to the beach below.

With clean lines and covered with ivy, the home features bright, sunny living spaces marked by window walls and hardwood floors. Butcher counters and Saltillo bricks cover the kitchen. The living room has an additional fireplace and floor-to-ceiling bookcases.

Chris Cortazzo of Compass keeps the list.

https://www.latimes.com/business/real-estate/story/2022-07-06/in-malibu-a-one-bedroom-home-aims-for-18-45-million In Malibu, an actor’s one-bedroom home aims for $18.45 million

Edmund DeMarche

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