Cindy Crawford and Rande Gerber seek $60 million for model Malibu compound

Hot Property | Cindy Crawford & Rande Gerber

Supermodel Cindy Crawford and her husband, businessman Rande Gerber, appear to have the model down for home-flipping.

A year ago they more than doubled their investment on a traditional-style home in Malibu. Now the couple is looking for a big score, listing a compound in the Encinal Bluffs area for $60 million — $8.5 million more than what they paid for it a year ago.

Set on a bluff of roughly 3.2 acres, the gated estate has a tennis court, park like grounds and a footpath to the beach below.

The Mediterranean-style main house, built in 1944 and newly renovated, is designed for indoor-outdoor living and has walls of glass that open to ocean-facing, wrap-around decks.

Living and dining rooms, a media room and a chef’s kitchen with a large island and a breakfast bar are within nearly 5,300 square feet of living space. The ocean-view master suite has a fireplace, a separate sitting area and his and her’s bathrooms for a total of four bedrooms and 5.5 bathrooms.

A swimming pool and spa, an outdoor pavilion, lawns and mature landscaping complete the coastal setting.

Christopher Cortazzo of Coldwell Banker and Kurt Rappaport of Westside Estate Agency hold the listing.

The 50-year-old Crawford took to modeling in her teenage years and has appeared on hundreds of magazine covers. Her life story, “Becoming,” was released last year.

Gerber, 54, is a former model and a nightlife industry businessman. He co-founded the tequila brand Casamigos with actor George Clooney.

neal.leitereg@latimes.com

Twitter: @NJLeitereg

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Have you seen this Malibu beach house?

5 Beds 5 Baths 6,640 Sq ft        $13,450,000.

Property Details

Designer James Perse’s Decked Out Malibu ‘Farmhouse’ Goes on the Market

Clothing and furniture designer James Perse is listing a fully furnished Malibu “farmhouse” for $12.995 million.

The house previously had a white exterior; Mr. Perse changed the color to gray.

In a nod to Malibu’s surfing culture, he had several surfboards made as decorative pieces for the home.

In the kitchen there’s an antique wooden trestle table which his team restored and refinished.

A terrace. The property is about 2 acres.

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What are your top 20 home features?

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According to REALTOR.com®, here is a list of

The Top 20 Must-Have Home Features of 2015

  1. Fireplace
  2. Wood Flooring
  3. Carpeting
  4. Granite Countertops
  5. Stainless-Steel Appliances
  6. Open-Floor Plan
  7. Walk-In Closet
  8. Formal Dining Room
  9. Vaulted Ceiling
  10. Open Kitchen
  11. Tile Flooring
  12. Covered Patio
  13. Finished Basement
  14. Breakfast Bar
  15. French Doors
  16. Chef’s Kitchen
  17. Crown Molding
  18. Central Air
  19. Separate Shower
  20. Garden Tub

These beautiful homes are just under a million dollars, $999,999

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What’s the value of a single dollar?

In real estate, that single dollar makes all the difference between an “expensive” seven-figure home and a more humble, “affordable” six-figure house.

In the retail world, charm pricing entices you into thinking any price ending in “.99″ is a sweet deal. We’ve been conditioned over time to see a magical nine as a signal for discounts and bargains.

We searched for listings using this psychological pricing tactic, and we found nine beautiful homes listed for a measly dollar under one million. CLICK HERE

 

The Late Dick Clark’s Stone House Retreat Is For Sale

American Bandstand was a favorite show of fans worldwide and so was the man behind the hit production, Dick Clark.  As original and innovative as he was, so holds true for his home on top of the mountain in Malibu!  This stone house perched on approximately 23 acres of beautiful park-like land with 360 degree views of the Pacific Ocean and surrounding mountains is truly one of a kind.  It’s amazing to think that this Malibu landmark property could be yours for the list price of $2,550,000.

For more information call Denise Gieser at 310-418-9266 or email MalibuEstatesandLifestyle@gmail.com.

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Quintessential Malibu Celebrity Beach House For Lease

This Quintessential Malibu Celebrity Beach House has a secluded courtyard entry with pool and  hot tub on a prestigious Malibu road.  With eighty two feet of ocean frontage, full length wrap around deck and built in seating there is ample outdoor entertaining space.  Never listed on the market before, this is the former home of Joyce DeWitt from “Three’s Company”.

Dewitt 1

The main house has 2 bedrooms and an office which could be a 3rd bedroom, 3 baths and a gym.  The  master bedroom and master bath are directly facing the ocean.  There are vaulted ceilings, skylights and clearstory windows abound.  The detached 750 square foot 1 bedroom, 1 bath guest house has a private entrance and is new construction above the 2 car garage.  Beach access is adjacent to the home.

DeWitt

The stunning ocean views include Catalina, Palos Verdes the Colony and classic Queen’s Necklace.  All of this and more for $35,000/month.  Please call with questions 310.418.9266