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Julia Roberts and Danny Moder have become real estate mavens in the tony beach community of Malibu, CA. They recently picked up their third place on the ritzy Point Dume, says Variety.
The property, which the couple scooped up for $3.9 million, is an extremely modest ranch with wood siding. The 1,620-square-foot house sitting on the property practically shouts, “Tear me down,” and there’s a high likelihood the home will meet its final fate in the coming years.
For now, it has three bedrooms and one bath, a wood-beam ceiling in the living room, and a detached, two-car garage.
realtor.com
However, it sits on just over an acre of prime land—thus the price—and includes a deeded key to the permit-only Riviera One parking lot. There’s also a footpath to Little Dume, one of Malibu’s most prized private beaches.
Among the A-listers who own Point Dume property are Matthew McConaughey, Shaun White, and Bob Dylan.
Roberts already owns two Point Dume properties—a 2-acre, bluff-top estate, which she bought for $9.5 million in 2003, and a 1950s ranch-style house across the street, which she bought in 2016 for $6.84 million, according to Variety.
In November 2016, the Oscar-winning actress sold a Hawaii beachfront home on Kauai’s North Shore for $16.2 million, almost half of the original asking price of $29.85 million.
The post Three’s a Charm: Julia Roberts Picks Up Another Point Dume Place appeared first on Real Estate News & Insights | realtor.com®.
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