Kanye West’s Gutted Malibu Mansion Reaches Deal with Buyer, Enters Escrow
The champagne is on ice for Kanye West … because he’s finally found someone willing to plunk down a fortune for the Malibu estate he completely gutted.
Kanye’s place on the beach in the ‘Bu went into escrow last Thursday … according to online records.
Ye’s been trying to unload the place for a minute now, and it got to the point in April that he chopped $14 million off the original $53 million price tag from January … dropping the asking price down to $39 million. We don’t know how much the buyer agreed to pay.
Remember … Kanye totally gutted the place as part of a makeover he never completed … so this is definitely a fixer-upper.
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Heck, the place doesn’t even have walls and feels almost uninhabitable … so a lengthy, and costly, overhaul is in order for this potential new owner … that is, if escrow actually closes.
Kanye turned to “Selling Sunset” star Jason Oppenheim to find a buyer … and it seems like he’s delivered. Jason’s hyped the property as a blank canvas.
Overall, the property is 4,000 square feet with 4 bedrooms, 5 bathrooms, outdoor decks and sweeping views of the Pacific Ocean.
It will be interesting to see the final vision for this place once the dust settles.