Jennifer Lopez and Alex Rodriguez – the very definition of a power-couple – has been playing the asset game like you would not believe lately. Not just in the context of real estate either, spearheading a US$1.7 billion bid for the acquisition of Major League Baseball team: the New York Mets. On the other end of this asset buying/selling spectrum, however, Lopez and Rodriguez have also just decided to list their Malibu beach house for a casual US$7.99 million.
The price in question represents quite a tidy return, considering the star of screen/stage/sound and retired pro-athlete initially bought this Malibu beach house for just US$6.6 million a year and a half ago – from Entourage star Jeremy Piven (Ari Gold), no less, who paid US$10.5 million two years prior to that.
Located in the “heart of Malibu”, this coastal property offers 4,400 square feet across three levels and a whole lot of comfort. With five bedrooms, four-and-a-half bathrooms, walls of glass doors, not to mention direct access to a sandy Californian oasis, once you’ve dealt with the mortgage and other financial details, you’ll have a hard time feeling stressed here.
Other highlights include the following:
- courtyard entrance w/ tropical landscaping
- kitchen fitted w/ commercial-grade appliances
- “generously proportioned” master suite w/ walk-in closet, soaking tub, steam shower, private balcony
- sprawling entertainment room w/ screening area
- wet bar
- dry sauna
Shortly after purchase, Lopez and Rodriguez enlisted the services of Joanna Gaines for a complete makeover, which probably would have cost a good amount of coin on top of everything else. And by all accounts, the refreshed interiors are a sight to behold. Unfortunately, neither the listing nor any other online source has provided the public with a proper look. But feel free to use your imagination using the pre-renovation gallery below.
Find out more about the Jennifer Lopez and Alex Rodriquez Malibu beach house at 25342 Malibu Road CA via compass.com.