Now this explains Kim Kardashian recent selling spree!
Dirt is reporting that Kardashian has landed herself the largest deal in Malibu—and the fourth-priciest home sale of the year in California—by dropping $70.4 million on a Encinal Bluffs estate. And even at that price point, the reality star got herself a deal…
Records show that Kardashian closed on the home—at one time owned by Candy Crawford— last week. Retired hedge fund manager Adam Weiss was the most recent owner, who, as of this Spring, had listed the home publicly for $99.5 million before lowering the asking to $90 million. When that didn’t move the proverbial needle, Weiss took the home off the market.
Then Kardashian swooped in.
Sitting on 3.18 private acres, the 7,450 square foot home boasts four bedrooms and five-and-a-half bathrooms. Next to the stunning ocean views, indoor/outdoor living is the big draw here, with walls of pocket doors opening up the main living spaces.
Outside, a wraparound deck extends to the pool, which features a cabana, spa and fireplace. The property also has a full-size tennis court and access to a secluded beach.