Malibu is the ultimate Hollywood dream come true for investors and buyers that desire luxury. The market for celebrity-owned mansions has never been riper, and recently, ace Hollywood director, James Cameron, has listed two of his Malibu mansions up for sale.
The Academy Award-winning director has decided to part ways with his iconic pair of mansions, located on Malibu’s highly sought after oceanfront California enclave. The glorious pair of mansions landed on the market earlier this month, and buyers have started lining up to scoop the coveted properties.
Located in the guard-gated community of Serra Retreat, Malibu’s high-end neighbourhoods, this listing is indeed a once-in-a-lifetime opportunity to scoop up a prime piece of Californian real estate!
As per property records, Cameron has owned these glorious mansions for decades. He acquired first of the two oceanfront estates back in 1989, and the investment cost him around $3.5 million. Later in 2003, he scooped up the neighbouring villa for $4.4 million. Today, both the properties are on sale for a staggering sum of $25 million.
From an investment point of view, the villas are the most sought-after properties in Malibu currently, and the oceanfront California enclave is a highly coveted, upscale area that offers higher returns on investment. Naturally, this is an excellent opportunity for those who seek to add exclusive Hollywood properties to their investment portfolios, or rejoice the lavish life of a movie star!
Sprawling over more than four acres of land, the Malibu mansions are exquisite architectural masterpieces, and the scenic oceanfront view makes them all the more idyllic and dreamy. We understand why the bigshot director decided to scoop up the other mansion when he already owned a slice of heaven with a majestic view of the ocean.
It is indeed a once in a lifetime opportunity for investors and buyers who wish to make Malibu their home or initiate a massive rental income stream. Malibu is always high in demand, and given the ease of renting out through Airbnb, such properties attract immense popularity.
Designed for living
The Mediterranean-style mansions span over 16,000 square feet, and the eclectic design is the perfect blend of luxury oceanside living and the Californian combination of outdoor spaces merging with indoor areas. The mansions come with 11 tastefully designed bedrooms, 12 bathrooms and an abundance of glass doors that open into delightful outdoor spaces.
The mansions are designed to bring the beauty of nature indoors, allowing outdoor areas and Mediterranean-style terraces to merge in with the indoor spaces artfully. The villas feature glossy tiled floors, state-of-the-art fixtures, multiple living rooms, dining spaces, studies and offices, entertaining areas, recreational areas and a hi-tech theatre room. The fully equipped kitchen is indeed the cherry on top of the breathtaking view and grand architectural design.
As we step outdoors, we come across two massive pools, elaborate dining areas, an up-to-the-minute gym, a guest house, and even two spas for relaxing. The outdoor area also comes with a huge sports court and a guardhouse.