Kanye West
Kanye West | Photo by Bellocqimages/Bauer-Griffin/GC Images

Kanye West Sells Malibu Beach House After Price Cut

After bringing down the price, Kanye West, now known as Ye, has finally found a buyer for his Malibu beachfront house, according to The Hollywood Reporter. The sale is currently in escrow—that is, the final details of the deal are being finalized. Jason Oppenheim of the Oppenheim Group handled the sale.

The property was first listed for $53 million, then reduced to $39 million back in April, equivalent to about £41.4 million and £30.5 million, respectively. This single-story house was penned by famous architect Tadao Ando, who just completed work around ten years ago. Ye bought the place in 2021 and took out all the interiors, so it will take a lot of renovation to be livable.

Jason Oppenheim Of Oppenheim Ground Explained About The Home Interior

When the house was first listed, Oppenheim explained, “What’s missing are the interiors. It’s priced to reflect the need for the interior finishes to be replaced.” However, on a good note, he further said, “On the positive, it can be brought up to 2024 standards.”

The significant cost of this house is in the concrete work,” Oppenheim said, pointing out Tadao Ando’s signature design. Despite having no interiors, the house retains its architectural integrity.

The sale had been threatened by complications, including a lawsuit by a contractor alleging more than $1 million (£780,000) for work at the home. Those problems have apparently been settled, paving the way for the sale to close.

This four-bedroom, 4,000-square-foot house overlooks the Pacific Ocean from every room. The new owner will have an opportunity to make this living space very special while maintaining the original architectural design.

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