Yolanda Hadid & David Foster
Former Malibu Pad Sells for Document Cash Put up-Wildfire
Revealed
David Foster and Yolanda Hadid‘s former Malibu property — decreased to a scorched lot in final 12 months’s Palisades Fireplace — has formally offered for large cash … TMZ has realized.
The three.25-acre ocean view property closed Wednesday for $6.5 million, marking the very best Malibu land sale because the 2025 Palisades wildfire.
Daniel Milsteinwho held the itemizing with Aaron Kirman of Christie’s Worldwide Actual Property, tells TMZ … they’re proud to have represented the transaction and set a brand new file for the highest-priced land sale in Malibu because the fires — regardless of a difficult market — including the deal reveals the resilience of Malibu and Los Angeles as patrons proceed to see the potential in prime actual property.
The property had been listed for slightly below $12 million, providing a uncommon alternative to rebuild on a chief stretch of Malibu actual property.
Earlier than the fireplace, the property was a European-style villa the couple bought in 2007 for $4.5 million. It later turned a widely known backdrop on “The Actual Housewives of Beverly Hills,” the place the Hadid sisters spent a part of their teenage years.
The itemizing included conceptual renderings from Bowery Design Group, envisioning an enormous 14,000-square-foot gated compound with 6 bedrooms, 10 bogs, 14-foot ceilings, and sweeping 270-degree Pacific Ocean views.
Plans additionally referred to as for extremely luxurious facilities, together with a house theater, spa, fitness center, sport room, and practically 4,000 sq. ft of outside residing area that includes three swimming pools, a bocce courtroom, and a full sports activities courtroom.
The property nonetheless carries perks like entry to La Costa Seaside Membership and sits near Malibu hotspots like Nobu, Soho Home, and the Malibu Pier.
