One of the profitable realtors within the nation is scooping up some new digs … a Malibu property with a wealth of Hollywood connections.
Our actual property sources inform us Kurt Rappaport simply closed on a beachfront property smack in the midst of the ‘Bu for $22.5 million … a house as soon as owned by Lee Majors and Farrah Fawcett.
The place is 4,500 sq. ft with 5 bedrooms and sweeping views of the shoreline … plus it is within the thick of the deepest, sandiest seaside in all of Malibu. In different phrases, prime actual property.
Seems like Kurt acquired an enormous steal right here … the place was listed in 2022 for $42.5 million … and he snapped it up for $20 million much less. Like we stated, Kurt’s one of the crucial profitable realtors in America.
Lee and Farrah lived right here within the Seventies … and in recent times tenants included Google co-founder Sergey Brin and music honcho Jimmy Iovine.
Kurt’s acquired a great deal of celeb shoppers, however he can also have extra money than most of them … as a result of he buys insanely costly properties, and this place isn’t any exception.
The beachfront compound seems to be straight out of Cape Cod … and the property options an oceanfront deck, personal courtyard, indifferent visitor home, media room, a customized kitchen and ocean views from just about each room.
The vendor right here is Juliana Terian, CEO and proprietor of Rallye Motor Firm … she paid $18 million for the place manner again in 2012 and was repped by Cooper Mount and Joyce Rey.
In the meantime, Kurt repped himself within the transaction.