Michael Eisner is asking $225 million for the Malibu estate

He’s aiming for gold in the Golden State real estate game.

Michael Eisner, 80, the former Disney chairman and CEO, is listing a large Malibu estate for a cool $225 million. If a very wealthy buyer sweeps up the convenience-laden cliff spread for that price, the deal would set a record for the most expensive home ever sold in California, according to the Wall Street Journal, which first reported news of that listing.

What’s more, a sale for this sky-high sum would also be one of the most expensive housing transactions in the world.

Venture capitalist Marc Andreessen and his wife Laura Arrillaga-Andreessen set the current California record in late 2021 with their $177 million purchase of fashion magnate Serge Azria’s Malibu property. The Journal notes that the couple have bought at least two other properties in Malibu since that record-breaking purchase.

The accommodation was designed by Robert AM Stern and includes features such as wood-beamed ceilings and windows that open to the outside.
The accommodation was designed by Robert AM Stern and includes features such as wood-beamed ceilings and windows that open to the outside.
Anthony Barcelona
Eisner and his wife Jane first bought land on these bluffs in the 1990's and have added adjacent parcels in the years since.
Eisner and his wife Jane first bought land on these bluffs in the 1990’s and have added adjacent parcels in the years since.
Peter Aaron/OTTO
The property consists of nine separate structures.
The property consists of nine separate structures.
Anthony Barcelona

The Eisner estate in Mediterranean style with nine buildings on about 5 hectares has it all. It covers an area of ​​approximately 25,000 square feet with a total of 16 bedrooms and 28 bathrooms in the main house, the guest houses and a two-bedroom caretaker’s house. Designed by Robert AM Stern — the architect behind posh New York addresses including 15 Central Park West and 220 Central Park South — the listed images show airy interiors with wood-beamed ceilings, large windows that open to the outside, and a neutral-toned cabana, sitting just right on the beach. Perched on a cliff above a small beach called Watkins Cove, this cabana can be reached by a cliff-side elevator.

The cabana is right on the beach overlooking the Pacific Ocean.
The cabana is right on the beach overlooking the Pacific Ocean.
Anthony Barcelona
Features also include oversized arched windows overlooking the water.
Features also include oversized arched windows overlooking the water.
Anthony Barcelona
Pretty beamed ceilings add rustic-chic beach appeal.
Pretty beamed ceilings add rustic-chic beach appeal.
Peter Aaron/OTTO
A cinema is accessible via a tunnel from the pool area.
A cinema is accessible via a tunnel from the pool area.
Anthony Barcelona
Entertainment areas extend outdoors.
Entertainment areas extend outdoors.
Peter Aaron/OTTO
The pool.
The pool.
Peter Aaron/OTTO
Eisner sells because he "loves the creative process" according to his listing agent and wants to find his next big project.
Eisner is selling because, according to his realtor, he “loves the creative process” and wants to find his next big project.
Bloomberg via Getty Images

Among the other perks: a gym, a pool overlooking the Pacific, and from the pool area, a tunnel leading to a movie theater with a big screen and several rows of plush seats.

Eisner and his wife Jane first bought land on the cliffs in the 1990s and have since attached neighboring parcels. The Journal notes that the current offering includes at least five separate lots — and the site itself has been built in stages over the decades, with work completed in 2020.

Listing agent Kurt Rappaport of the Westside Estate Agency told the Journal that the hefty price tag was justified; What the Eisners built would be difficult to replicate today given its large scale, prized location and beach access. Rappaport added that Michael Eisner wanted to sell because he “loves the creative process” and is looking for his next project.

Eisner, who was at Disney from 1984 to 2005, now runs the investment firm Tornante Company – which makes him the owner of Britain’s Portsmouth Football Club.

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