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Matthew Perry is Parting with His Quarantine Home on One of Malibu’s Most Prestigious Streets

Real Estate & Mortgage

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

Anthony Barcelo — Perry’s beach house (middle) is closely flanked by other vacation homes

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

Anthony Barcelo — A look at one of the beach house’s bedrooms, all of which has views of the Pacific Ocean

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

Rena Schild/Shutterstock — Perry, who still earns millions annually from his ‘Friends’ stint, is currently worth $120 million

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.

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