Cindy Crawford and Rande Gerber seek $60 million for model Malibu compound
Supermodel Cindy Crawford and her husband, businessman Rande Gerber, appear to have the model down for home-flipping.
A year ago they more than doubled their investment on a traditional-style home in Malibu. Now the couple is looking for a big score, listing a compound in the Encinal Bluffs area for $60 million — $9.5 million more than what they paid for it a year ago.
Set on a bluff of roughly 3.2 acres, the gated estate has a tennis court, parklike grounds and a footpath to the beach below.
The Mediterranean-style main house, built in 1944 and newly renovated, is designed for indoor-outdoor living and has walls of glass that open to ocean-facing, wrap-around decks.
Living and dining rooms, a media room and a chef’s kitchen with a large island and a breakfast bar are within nearly 5,300 square feet of living space. The ocean-view master suite has a fireplace, a separate sitting area and his and her’s bathrooms for a total of four bedrooms and 5.5 bathrooms.
A swimming pool and spa, an outdoor pavilion, lawns and mature landscaping complete the coastal setting.
Christopher Cortazzo of Coldwell Banker and Kurt Rappaport of Westside Estate Agency hold the listing.
The 50-year-old Crawford took to modeling in her teenage years and has appeared on hundreds of magazine covers. Her life story, “Becoming,” was released last year.
Gerber, 54, is a former model and a nightlife industry businessman. He co-founded the tequila brand Casamigos with actor George Clooney.
Twitter: @NJLeitereg
MORE FROM HOT PROPERTY:
Black Eyed Peas’ Taboo is ready to part with Altadena home and recording studio
Ocean-view living is up for auction in Laguna Beach
Westside spec house fetches $100 million in complex sale
News anchor David Ono parts with his contemporary home in Valley Village
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.