Legendary Hollywood producers Frank Marshall and Kathleen Kennedy, renowned for their involvement in blockbuster movies like ET, Indiana Jones, and the Star Wars franchise, have decided to sell their magnificent Malibu residence.
After eight years of calling this beachside haven their home, Marshall and Kennedy are embarking on a new journey.
The iconic property spans 3,989 square feet and boasts exquisite features such as vaulted ceilings, expansive glass walls that offer panoramic ocean views from nearly every room.
With an asking price of $18.5 million, this property is poised to attract attention from luxury home buyers.
A Luxurious Coastal Retreat
Perched atop a lush promontory, this meticulously designed estate captures the essence of luxurious living against the breathtaking backdrop of the Malibu coastline.
Realtor Stan Richman describes it as an “exceptionally curated estate” nestled in one of the world’s most sought-after and tranquil settings.
This four-bedroom masterpiece epitomizes quintessential indoor-outdoor living, with an emphasis on harmonizing with the natural surroundings.
From the awe-inspiring great room with its exposed vaulted ceilings and expansive glass walls, to the gourmet kitchen featuring a center island, full bar, and fireplace – each space seamlessly flows to the verdant outdoor areas.
Unparalleled Views and Amenities
The property offers unparalleled outdoor amenities that enhance the living experience.
Residents can indulge in the infinity-edge pool, an outdoor BBQ area, a custom firepit, and even an outdoor shower.
The home’s design ensures that nearly every room provides direct access to the outdoors, allowing the stunning natural elements to become an integral part of daily life.
Situated on a rare 2.2-acre private knoll in Carbon Mesa, the property boasts unobstructed views of Malibu that span from one end of the city to the other.
This vantage point sets the residence apart, making it an ideal choice for those who appreciate both expansive land and breathtaking views.
A Neighborhood of Fame
The property’s prestigious neighborhood in Malibu is home to numerous celebrities, including Kanye West, Lady Gaga, and Paris Hilton.
The allure of living in close proximity to such notable figures adds to the appeal of the area.
Kathleen Kennedy, 70, and Frank Marshall, 76, have left an indelible mark on the entertainment industry with their remarkable careers.
Kennedy’s career was catapulted when she collaborated with Steven Spielberg on ET in 1982.
She has since risen to prominence as the president of Lucasfilm, responsible for shaping the iconic Star Wars franchise.
Marshall’s journey began with his production debut in 1973’s Paper Moon and later produced the inaugural Indiana Jones movie in 1981. His extensive production credits span various successful films.
The couple, married since 1987, has collectively received 13 Oscar nominations and earned the Irving G. Thalberg Memorial Award from the Academy of Motion Picture Arts and Sciences.
A Lucrative Return
The asking price of $18.5 million for their Malibu residence would mark a substantial return on investment, considering they purchased the property for $9.75 million back in March 2015.
The allure of this stunning home, coupled with the couple’s renowned legacy in Hollywood, is expected to generate significant interest from potential buyers.
In summary, Hollywood’s dynamic duo, Frank Marshall and Kathleen Kennedy, are bidding farewell to their spectacular Malibu abode.
The property’s unparalleled ocean views, luxurious amenities, and iconic neighborhood make it a true gem on the market, offering prospective buyers a taste of quintessential coastal living.