Monday, August 14, 2017

From the Ashes

 $80M Malibu Castle Rises From the Ashes and Sets Pricing Record

 Malibu Castle was a local landmark for years.

It's a location with a storied background. Other than the pier, the former Malibu Castle was the town's most prominent man-made landmark. Folks could gaze up the hills from Malibu's town center and see the towers, turrets, and flags. The parties on the property were also epic—until a devastating fire burned the place to the ground in 2007.


Former New York socialite Lilly Lawrence narrowly escaped being burned to death when one of a string of Southern California wild land fires destroyed her $17 million castle.

 

The 67-year-old millionairess said she didn't realize the wind-whipped blaze was at the doorstep of her 6,256-square-foot Malibu Hills home until a friend called from New York to tell her.


 Lawrence's mansion was among at least 23 homes and businesses damaged or destroyed in the fires.


Lawrence's six-bedroom mansion resembling a 13th century Scottish castle, had appeared in "Fantasy Island" and "The Rockford Files."

Her priceless Elvis Presley memorabilia collection, including one of the King's cars, was lost.

It was reported that "The loss is way up in the double-digit millions." She also lost countless heirlooms from her father, Reza Fallah, once the oil minister for the Shah of Iran.

The land lay untouched for several years until a realtor took interest.  After the fire, the land was listed for $17 million, but after more than a year of negotiations, an offer of $9.7 million was accepted by the previous owner, philanthropist and “princess” Lilly Lawrence.

Now, a jaw-dropping estate has been built on the site of the iconic Malibu Castle and is priced at $80 million.
 malibu-castle

According to the listing, it is "the highest price ever for an estate in this coveted beach community.
 120-foot-long great room 120-foot-long great room




Deck with a view
Deck with a view

Owner/Builder, Gillen said, "I tripled my original building budget and went all in. The house has been complicated to build."

This compound on a hill contains two large structures. The 10,500-square-foot main residence has five bedrooms and six bathrooms. It features a 120-foot-long great room with ocean views. A custom teak dining table parallels the 75-foot-long infinity pool.

And as the ultimate luxury amenity, one year of concierge service is included in the purchase price. The service will ensure the residence is fully stocked to your culinary tastes 

 75-foot-infinity pool 75-foot-infinity pool

Master bath with black walnut soaker tub and a view
Master bath with black walnut soaker tub and a view
Custom teak dining table
Custom teak dining table

There's a detached 4,000-square-foot guesthouse, which features a great room, kitchen, gym, spa, two bedrooms, and four bathrooms. Both structures have floor-to-ceiling walls of glass to take in the spectacular views.



Two main structures in the new Malibu Castle compound
Two main structures in the new Malibu Castle compound

With a home like this can you ever imagine wanting to leave.  And for a whole year, you just simply see to it that the concierge service delivers whatever your heart desires.
Watch the sunset and sunrise from this modern castle.
Watch the sunset and sunrise from this modern castle
 
Linking with Amaze Me Monday 
 
Elizabeth "Libby" Day
Elizabeth "Libby" Day

Hello, My name is Libby. I enjoy reading good books, painting, blogging, spending time with friends and whatever my "Heart" leads me to do. Welcome to Beauty Without Within.

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