Ted Sarandos and his wife, Nicole Avant, have listed their remaining Malibu property for $14.9 million. According to Dirt, the contemporary Mediterranean was built in 1996 and spans some 3,800 square feet of living space.
Located off La Costa Beach in Malibu, the home boasts four bedrooms, three and a half baths, and tons of picture-perfect ocean views.
Sarandos purchased the home from actor David Spade in 2013 for $10.2 million—well below Spade’s initial asking price of $16 million.
California Listing’s Malibu expert Chris Cortazzo holds the listing along with Jonah Wilson of Hilton & Hyland.