Cindy Crawford and Rande Gerber Asking $60M for Malibu Home

Published: November 17, 2016 | By: American Luxury Staff

After flipping one Malibu property in 2015—and nearly doubling their investment—Cindy Crawford and husband Rande Gerber are looking to repeat their success.

Last year, the couple sold a Traditional-style home in the upscale city for $13.341 million; they’d paid $6 million for it in 2014. That’s a tidy return in around a year’s time.  The couple quickly sunk $51.5 million into the home that’s presently up for sale, eventually listing it for $60 mil.

The current offering of Crawford and Gerber is a breezy, 5,300 square foot Mediterranean-style open-concept, which rests on 3.2 waterfront acres in Encinal Bluffs; the couple is retaining an adjacent 2 or 3 acre lot of land. The house was built in 1944 and has been newly renovated; it’s designed to take best advantage of its location—glass walls open to a wrap-around deck that looks out over the Pacific.

The house features four bedrooms and 5.5 baths, chef’s kitchen with breakfast bar, and large living- and dining-rooms. The ocean-view master suite contains fireplace, separate sitting area, and dual bathrooms. The verdant grounds offer a tennis court, a pool and spa, an outdoor pavilion, and a private path to the beach.

One of the Original Five—supermodels, that is—Cynthia Crawford, now 50, was a student at Northwestern when she dropped out to pursue modeling full-time. The girl who was valedictorian of her high school class, and had an abiding interest in chemistry, has graced countless magazine covers; she’s also been hired to campaign for couture heavyweights Hermes, Valentino, and Versace, among others. Her husband Rande Gerber, a former model himself, is a successful businessman.

6817 November 17, 2016 Real Estate November 17, 2016