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

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.

According to the listing, it is "the highest price ever for an estate in this coveted beach community. 



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



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.

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.
