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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Home of the Week: Coastal Mediterranean Mansion

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Perched on the southernmost tip of Newport Beach you’ll find the exclusive Crystal Cove community. A seamless blend of natural beauty and contemporary architecture, this ultra luxurious neighborhood defines premier coastal living. Across the way you will find Crystal Cove State Park. Popular among scuba divers, suffers, and hikers Crystal Cove State Park is comprised of 3.5 miles of uninterrupted coastline. Forty-six vintage coastal cottages from the 1920’s and 30’s line the sand, along with the popular beachfront Beachcomber Café, adding notable historic charm.

Set high upon the hill in Crystal Cove, this Mediterranean Mansion has breathtaking views of the Pacific Ocean, Catalina Island, city lights and Palos Verdes. With Impeccably manicured grounds and lavish finishes, enjoy Crystal Cove’s world-class amenities, including 24-hour guard gate, swimming pool, fitness & tennis facilities, and playgrounds. The main level encompasses a library/office, formal living room, formal dining room, and gourmet kitchen with breakfast area that opens to the family room.  (Click here for photos and article)

Just Reduced! Gorgeous Malibu views on over 1 private acre behind gates.

Did I mention that this estate comes with a private beach club key? Check it out and please call me with any questions.  -Denise Gieser 310-418-9266 | Providing Expertise with Integrity

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