Luxe Living

Legendary NBA coach Pat Riley is making a play in the real estate game by putting his longtime beachfront Malibu home up for rent for $18,500 a month. Riley and his wife purchased the oceanfront abode on July 14, 1989 for $1,600,000, back when ‘Riles’ was still winning championships with the Showtime Lakers in L.A. Since then, Riley has moved onto more NBA titles in Miami, first as head coach and more recently as Team President of the Heat, which might mean he’s spending less time on the West Coast.

The home is located within an exclusive gated enclave off of Broad Beach Road, and has 3 bedrooms, 2 bathrooms,  plus an office where Riley likely spent many late hours breaking down the Celtics defense or writing plays for the likes of Magic Johnson, while waves crashed a few feet away.

The floor plan includes a large living room with fireplace, open kitchen, and walls of glass for great, natural light. Outside, expansive patios have limitless views of the Pacific Ocean. Riley and his wife won’t be missing the summer in Malibu, though, as the rental isn’t available until September 1, 2013.

Even when they do rent it out, they won’t be going far. They also own the house two doors down, which has 3 bedrooms, 4 bathrooms and 2,088 square feet. They paid $7,000,000 for it in February 2007.

Images via the MLS.

Before you know it, summer will be here! And if you’re looking for a new home in Malibu before summer arrives, then you must meet Chris Cortazzo, the #1 agent for Malibu, California, nationally and internationally for Coldwell Banker.  Since 2000, Chris has sold more than $1.5 billion in real estate, establishing him as Malibu’s #1 agent for the past decade.

Chris has changed the face of real estate in Malibu, and is in a league of his own. He credits his success to hard work, extensive networking, having integrity, and putting his client’s interest first. He makes deals happen, always trying to be a part of the solution; facing challenges head on, and focusing on the positive.

Chris was born and raised in Malibu; He grew up on Point Dume, where he currently resides. Chris is passionate about surfing, collecting art, travelling, and keeping close to his family. He consistently gives back to his community, donating to over 40 charities per year. He’s been on the Board of Directors for the Boys and Girls Club of Malibu since 2007, and is chairperson for several local annual fundraising events.

Quite the career! Let’s get to know Chris Cortazzo a little bit better!

How did you get your start in real estate?

Getting one of the most expensive houses in Malibu as my first listing and the  top agent at the time asking the client ‘why would you give it to a nobody.’

What sale or career milestone are you most proud of?

Buying my first home which was next door to my parents, who are my best friends.

What is your dream home location?

Anywhere in Malibu.

What kind of car do you drive?

Range Rover.

iPhone, Android or BlackBerry?

iPhone

What site/app do you check first when you wake up?

Trulia, of course!

What was the last book you read?

“Proof of Heaven,” by Eben Alexander

Name your favorite guilty pleasure.

Popcorn, popcorn and more popcorn.

What’s one thing someone would never guess just by looking at you?

Passion, for my family, friends, work, animals and life.

Let’s check out some of Chris Cortazzo’s current for-sale listings!

• $54,000,000 - 26848 Pacific Coast Highway, Malibu, CA
• $28,500,000 – 6970 Wildlife Road, Malibu, CA
• $22,500,000 – 22446 Pacific Coast Highway, Malibu, CA
• $22,500,000 – 26900 Pacific Coast Highway, Malibu, CA
• $15,995,000 – 29000 Cliffside Drive, Malibu, CA

The gravel-voiced tough guy, Nick Nolte, has decided to sell half of his massive Malibu, California compound for a cool $8,250,000. Known in later years for his very public run-ins with the law, the Oklahoma native has been acting and making movies for years, including powerful performances in classics such as Cape Fear, a harrowing thriller and 48 Hours with Eddie Murphy, not to mention his recently released, Gangster Squad, which features Nolte as the Chief of the LAPD.

Although he famously spoke out against the sky-high salaries of actors, Nolte has certainly gotten paid over the years – enough to own a huge property in the exclusive community of Malibu.

His estate is wooded and extremely private, comprising two acres in the stunning Bonsall Canyon. The home is over 6,000 square feet and includes 4 bedrooms and a number of high-end finishes throughout, including stone and carved wood, as well as Italian marble floors and and Mahogany French doors.

The living area has towering, 19-foot vaulted ceilings and skylights and leads into a spacious den.

The large master suite includes multiple fireplaces, a sitting room, and office, as well as commanding views of the property. Outside you will find a tennis court, as well as a pool and spa, perfect for soaking up the Malibu sunshine.

Whether you’re a grizzled acting veteran or not, this property has it all.

Daisy Fuentes, the Cuban-American model, television host and budding fashion mogul, has just purchased a beachfront Malibu home for $5,750,000. According to property records, Fuentes purchased the beachfront estate on April 12, 2013 for $5,750,000. It has 3 bedrooms, 3 bathrooms and 3,836 square feet.

The newly-built oceanfront home sits on over fifty feet of sandy Las Flores Beach. Inside and out, there is a perfect blend of design and function created by world-renowned designer Michael Lee. Fuentes’ new home comes complete with the finest amenities, from French hand carved limestone fireplaces to gorgeous Mahogany doors and windows, coral stone decks to French oak flooring. Perfect for a fashionista like Fuentes, the home radiates style and grace throughout the open, flowing floor plan.

Already in love with her new home, Fuentes posted a picture of herself on Facebook on the beachfront deck last week!

Aside from her brand new Malibu beach abode, Fuentes owns a house in the Hollywood Hills that she purchased on September 1, 2005 for $4,500,000. According to sources, Fuentes sells about $300 million worth of goods, including hair care, fragrances, clothing, sunglasses, and accessories at Kohl’s department stores each year. With an empire like that, it’s no surprise she’s building a luxury real estate portfolio!

A-list director Judd Apatow, famous for movies like ’40 Year Old Virgin,’ ‘Bridesmaids’ and ‘Knocked Up,’ and his actress wife Leslie Mann have just purchased a Malibu Colony home for $10,825,000 from the estate of late ‘Pretty Woman’ producer Laura Ziskin. Property records show that the deal closed on March 19, 2013.

The Apatow/Mann family’s new oceanfront contemporary cottage is theirs just in time for summer! The home is situated in the exclusive guard gated and celebrity-laden community of Malibu Colony. A romantic 1930′s bungalow, the home is tranquil yet chic and comfortable and sits directly on the beach. A gourmet kitchen and cozy family room open to a private, lush courtyard entry. The living room, dining room and cozy sunroom all feature expansive ocean views and lead to patios and the private Colony Beach. The second floor features 3 ensuite bedrooms.  The large master bedroom overlooks the Pacific Ocean through a wall of glass. The master also includes a wood-burning fireplace and a spacious patio leading to the sand. The property also features a two-car garage and a 1 bedroom, 1 bathroom guesthouse.

According to other plugged-in real estate sources, the Apatow/Mann family are looking building a massive custom home on a lot they purchased in Santa Monica last year for $8,600,000. Their forthcoming custom digs must be something amazing, because they’d be decamping from a home in Brentwood that they paid $18,250,000 for in 2009. Apatow also still owns a 4,356 square foot Beverly Hills Post Office-area home that he purchased in 2005 for $1,656,000.

Rory Kennedy, the filmaker and producer – and youngest of the eleven children of U.S. Senator Robert F. Kennedy and his wife Ethel – has just purchased a large, private ocean view estate in Malibu, California. Bank-owned prior to her purchase, Kennedy’s final purchase price was $2.9 million. According to property records, she closed on the four-bedroom, four-bathroom, 4,803 square foot home on January 25, 2013.

Located on Malibu’s famed Point Dume, Kennedy’s new purchase is a sprawling single-story home on large flat, private ocean view lot. The master suite comes complete with a fireplace and beamed ceilings, with deck overlooking mature trees and ocean views. A separate, three-bedroom children’s wing also features a family or play room. A sunny kitchen opens to large family room with rich hardwood floors. The home’s backyard features huge entertaining patios and an ocean-view pool and spa. The gated property is rounded out by a three-car-garage.

Based primarily in Brooklyn, New York, and often seen at the Kennedy family compound in Hyannis Port, Massachusetts, Kennedy is either buying a West Coast vacation home or relocating permanently with husband Mark Bailey and their three young children.

Pamela Anderson, the iconic sex symbol who etched herself into the American psyche by donning the famous red Baywatch swimsuit, is slightly underwater when it comes to her finances. For months and months, the blonde bombshell has been plagued with negative news stories about unpaid taxes and out-of-control spending on her home remodel. And despite being a household name, Pam is now doing what any other American in her situation must do –  downsize! The blonde beauty often rented out her longtime Malibu Colony home, but now, the property that was once her sanctuary is a money pit, and she’s officially put it on the market for $7,750,000. Property records show that she purchased the home on December 29, 2000, for $1,800,000. There’s no telling how much Pam poured into the home’s construction and multiple remodels over the years, but with the listing price almost $6 million more than what she paid for it, here’s hoping she’ll make a profit so she can put her financial woes behind her.

Pam’s amazing home is within walking distance from all things Malibu. Finely crafted, the teak-sided home is perfect for enjoying quiet beach days, while still being close to the action. According to listing information, you “enter through the front Barb Wire stone gate, cross the small courtyard of olive trees and lavender, and push open the ultra-wide swinging glass door, and find yourself in an open living room and kitchen design with a top-of-the-line home theater and black baby grand piano.”

Philip Vertoch was the home’s architect and Josh Chryssanthou and Pamela Anderson herself are responsible for the design.

Chris Cortazzo holds the listing.

Dave Matthews, the musician who has seen off-the-charts success as frontman of “The Dave Matthews Band,” has just put some of that music money to work — the singer just paid $6,575,000 for a six-bedroom, five-and-a-half bathroom estate in Malibu, according to The Real Estalker. That’s mere pocket change for a guy whose band is one the highest grossing groups of all time. During the period from 2000 to 2010, the Dave Matthews Band sold more tickets and earned more money than any other act in North America. Even more than ‘N Sync, Britney Spears, and the rest of the red-hot pop stars of that time.

Since Matthews has made big money in the music biz, he’s investing in real estate. This most recent purchase is a ‘European Country Estate’ in a prime Malibu location. Situated on 1.78 acres of rare flat land in the sought after Point Dume area, the newly renovated home clocks in at approximately 7,000 square feet. The property also features a pool, spa, and Riviera III beach rights down to Little Dume Beach. Additionally, the estate comes with active plans and permits with the City of Malibu for a 900-square-foot guest house — a recording studio, perhaps? Extensive gardens and an apple orchard round out the large parcel’s lush grounds, which also offer plenty of space for a tennis court and/or horses.

Matthews also owns a modest home in Seattle, Washington, and 11 homes in and around Charlottesville, Virginia.

After four decades, one of Malibu’s most famous residents is putting her iconic beachfront property on the market. It’s a buyer’s dream come true — Barbie doll’s famous Dreamhouse is for sale!

1962 Barbie’s Dreamhouse

Barbie’s first-ever, modern-style studio was made completely out of cardboard, with the exception of the pink plastic hangers in her closet! The record covers displayed in Barbie’s studio even showcased real bands from the early ’60s.

This mid-century home’s design was all about open spaces and nature-inspired colors — like harvest gold and sunny orange tones; modernism and abstract expressionism, which Barbie took from the runway to the hallway, were also big inspirations.

1974 Barbie’s Townhouse

This three-story townhouse came with its own working elevator and is considered to be one of Barbie’s most iconic houses to date. Barbie’s use of bright turquoise, yellow, orange, and brown reflected this decade’s most popular colors for décor. The iconic townhouse also showcased the new obsession with modern conveniences, like the novel inclusion of an elevator!

1979 Barbie Dreamhouse

This refreshed Dreamhouse featured many new accents and accessories, including planters, shutters, working doors, and windows. The home was so popular that it was produced for almost a decade in a range of colors, including pink and white. The A-frame style — which dominated the design space in the 1970s — featured pops of bright color, and plastic and vinyl furnishings addressed the fascination with convenience and tech.

1983 Barbie Townhouse

The totally ’80s three-story Barbie Dreamhouse featured doll-tastic design updates to reflect the decade’s style: bold design and more sophisticated colors and details — it was a time of decadence, after all — and a fully-functional pink elevator.

1990 Barbie Magical Mansion

Of all Barbie’s residences, this lavish mansion was truly upgraded. It featured working electronics, like a ringing telephone and doorbell, and a glowing accessories, like a fireplace and chandelier. The Dreamhouse’s design retained the indulgent influence of the ’80s, but it also addressed the growing fascination with taking comfort to the next level by adding electronic enhancements and increased functionality.

1998 Barbie Deluxe Dreamhouse

Continuing to evolve and reflect modern styles, this Deluxe Dreamhouse featured fully-furnished rooms and a swing on the front porch. Architectural details included stained glass windows, a balcony, and pink arches and columns. Reflecting the times, comfort and space were Barbie’s top priority for this Dreamhouse. Color trends for this time period were also honored, and the décor evolved with a more monochromatic color palette.

2012 Barbie Dreamhouse

A revamped version of the “Magic Sounds” townhouse from the ’70s, Barbie doll’s iconic home received a pink-tastic makeover. The three-story Dreamhouse was reinterpreted for today’s girl and includes a pink personal elevator, flat screen TV, outdoor whirlpool tub, and lights and sounds on every level. Today’s design is in line with Barbie’s super-busy, working-woman schedule; she wants modern conveniences — like an elevator and a deluxe TV — in a luxurious setting, and she’s got it!

Barbie, the most glamourous homeowner in the world, has just listed her incredible and iconic Malibu Dreamhouse for $25 million! The 8,500-square-foot, one-bedroom, one-bathroom, sits on a 23,456 square foot lot and includes an ultra-private entrance to 150 feet of pristine Malibu Beach. And while Malibu may be magnificent, after more than 40 years living there, Barbie’s ready for a change – so this doll’s moving!

The three-story home has ample living space, including a master bedroom complete with a balcony overlooking the ocean. The property also features clean lines, super-sparkly finishes, luxe details, and soaring ceilings that perfectly frame the famed Malibu sunsets.

The one-of-a-kind entertainer’s floor plan offers generous, 119-centimeter ceilings, pink crown molding, custom Pantone 219C hardwood floors, and a pink elevator equipped with a state-of-the-art pulley system. The elevator even has doors emblazoned with Barbie’s signature silo head — a feature that can be easily customized with any occupant’s own personal monogram!

The Barbie Dreamhouse is the only property in Malibu with truly unobstructed views of the ocean — after all, it only has three walls — creating a supremely Californian atmosphere with year-round indoor/outdoor living and exquisite views from Point Dume to the Queen’s Necklace.

The pink Poliform kitchen is fit for a culinary queen, with pink granite countertops, chef-worthy appliances, and plastic food that never spoils.

The master bedroom suite encompasses an entire floor and features enough amenities to pamper a gal from bath to bed: a steam shower, heated pink marble flooring, and of course, a never-ending custom closet that holds over 2 billion pairs of heels, thousands of designer dresses, and plenty of pink power suits.

Equipped with sensors and sounds throughout, this is the only home in Malibu with a self-flushing toilet and fire that crackles even when it’s not on. Diamond-encrusted accents, crystal chandeliers, custom mirrors, reclaimed exotic woods, natural stone, and concrete compliment the pink-infused, modern decor.

To top it off, this home’s complete with enough storage to hold an array of beach toys, from surfboards to jet skis, as well as plenty of space to park a private pink jet – all sold separately.

Josh Altman of Hilton & Hyland and Bravo’s “Million Dollar Listing: Los Angeles”  holds the ultra-exclusive listing.