Matthew Perry is Parting with His Quarantine Home on One of Malibu’s Most Prestigious Streets
Leaving by the beach is something that many people dream of. Well, ‘Friends’ actor Matthew Perry has lived that dream and he is now looking to sell his oceanfront home in Malibu to another resident looking for a place by the beach.
Beachside Escape
Perry’s Malibu home is currently on the market with an asking price of $14.95 million. Reports say that the actor spent much of the coronavirus pandemic quarantine in the two-floor residence.
The home spans 5,500 square feet and features four bedrooms as well as three and a half bathrooms. Not only does it directly face the Pacific Ocean, but the residence is also reportedly located on one of Malibu’s most prestigious streets, which further justifies its expensive price tag.
According to records, Perry first bought the property for $12 million back in 2011. He scooped the beach house from developer Scott Gillen, who had the place upgraded at the time of the sale.
The listing for the home is held by Josh Flagg and Bobby Boyd.
Nautical-Inspired
The home features a nautical-inspired design theme as well as floor-to-ceiling windows that showcase the views of the ocean right outside. Perry certainly found the place a relaxing one to past the quarantine in.
The 51-year-old actor shared moments of his time in the home on social media posts that saw him baking cookies and telling beachgoers to follow social distancing rules.
That said, Flagg is confident that the property would be a desirable one, especially for wealthy buyers looking for a place away from the ongoing health crisis. He also mentioned how the inventory for beach houses like Perry’s is currently low with the sudden influx of city residents flocking to less urban areas for long-term isolation.
The current boom in the luxury real estate market is a contrast to the lows it saw during the first months of the pandemic. Jennifer Lopez and Alex Rodriguez seem to be riding on this too as they’ve also recently listed a home in Malibu.
Real Estate Collection
Should the Malibu beach house be sold, Perry would still have quite an impressive real estate portfolio. City records note that the actor pays a whopping $400,000 in annual property taxes alone.
Among his most valuable properties include a $20 million penthouse in Century City, which he has since listed back on the market for $35 million. The price tag earned it the title for the priciest penthouse in Los Angeles.
More inReal Estate & Mortgage
-
How Retirees Can Avoid Credit Card Debt
Retirement is that magical time when you finally hang up your work boots and embrace a life of leisure and hobbies....
December 18, 2023 -
Katy Perry’s Real Estate Journey: Legal Battles and Property Pitfalls
Katy Perry, the pop sensation known for her chart-topping hits, bold fashion choices, and stint on American Idol, has been making...
December 15, 2023 -
What To Do When Markets Are Volatile?
Market volatility refers to the frequency and magnitude of price movements in financial markets. It is like the weather of the...
December 7, 2023 -
The Cheapest Days to Book Flights and Travel
When it comes to snagging the best deals on flights and travel, timing can be everything. It is like finding that...
November 27, 2023 -
The 4 Optimal Times to Consider Rebalancing Your Portfolio
Navigating the investment world is like hopping on a roller coaster—ups, downs, twists, and turns galore. Whether you’re a hands-on trader...
November 26, 2023 -
Buying a House? Understand You Are Buying a Liability, NOT an Asset
In the grand tapestry of life goals, owning a house is often stitched in golden thread. It is the culmination of...
November 19, 2023 -
How to Tell If You Are Financially Prepared for Change
So, you are contemplating a big life change, huh? Maybe you are considering relocating to a new city, pursuing a new...
November 9, 2023 -
The Best Foods to Eat Before a Flight
Flying can be an exhilarating experience, but it can also be physically demanding. Long lines, security checks, and cramped seats can...
November 3, 2023 -
How to Spot a Bull Market Return: Signs to Look Out For
When it comes to Wall Street, or the investing world at large, investors and traders dream of catching the wave of...
October 26, 2023
You must be logged in to post a comment Login