Kanye West sells Malibu mansion
Kanye West sells Malibu mansion

Kanye West sells Malibu mansion

News summary

Kanye West has sold his unfinished Malibu mansion, which he purchased for $57 million in December 2021, after struggling to find a buyer for months. The 4,000-square-foot property, featuring four bedrooms and five bathrooms, was gutted during renovation attempts, leaving it in an uninhabitable state with no walls, windows, or plumbing. Initially listed for $53 million, the price was slashed to $39 million before entering escrow, though the final sale price remains undisclosed. Real estate agent Jason Oppenheim marketed the mansion as a 'blank canvas,' but its devaluation reflects West's erratic renovation vision, which included ideas for a bomb shelter. The sale highlights West's reputation for unpredictable decisions and abandoned projects, leaving the new owner with a substantial renovation challenge ahead. Architect Tony Saxon, who worked with West, described the renovation process as ultimately destructive to the property's value.

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