Back in 2007, a devastating fire tore through Malibu, destroying several homes including the oceanfront cottage belonging to Suzanne Somers, the popular actress from “Three’s Company.” After the tragic incident, Somers left the land vacant and eventually sold the two adjacent lots in 2016 for a total of $12.03 million.
Over the past few years, developers have been hard at work constructing a stunning custom home on the double-lot property, which has now entered the market with an asking price of $40 million.
If the property manages to sell anywhere close to the $40 million mark, it will undoubtedly be one of the most expensive sales of the year in Malibu. This comes as no surprise, as the real estate market in Southern California’s Malibu area has seen unprecedented growth in recent times. Just last October, billionaire venture capitalist Marc Andreessen set a new California record by purchasing a magnificent coastal compound spanning 7 acres for a staggering $177 million.
Although Somers’ former estate is relatively smaller, with a combined land size of approximately one-third of an acre, it boasts an impressive 100 feet of beach frontage. The two-story home is supported by 27 caissons, each reaching a depth of 60 feet. With multiple decks that offer breathtaking ocean views, the house seems to hover just above the water.
The exterior of the home features beautiful wood accents that seamlessly flow into the interior, adorning the floors and ceilings of the expansive, open-concept living spaces. The backside of the house is adorned with floor-to-ceiling glass panels, creating a seamless connection with the surrounding scenery. Some of the highlights inside include heated floors, porcelain walls, and a dazzling quartzite kitchen.
For the record:
9:53 p.m. Dec. 17, 2021An earlier version of this article said the floor plan of the new Malibu home on land formerly owned by Suzanne Somers holds four bedrooms and four bathrooms. The property has 4.5 bathrooms.
The spacious floor plan spans a generous 5,000 square feet and boasts four bedrooms and 4.5 bathrooms. On the main level, residents can enjoy a swimming pool and spa, while the rooftop deck offers a hot tub and a cozy fire pit.
Suzanne Somers, at the age of 75, has had an illustrious career in the entertainment industry, with notable roles in films like “American Graffiti” (1973) and hit sitcoms such as “Three’s Company” and “Step by Step.” In 2019, Somers and her husband, TV host Alan Hamel, purchased a beautifully designed home in Palm Springs for $2.35 million.
The listing for this remarkable property is being held by Shen Schulz of Sotheby’s International Realty.
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