Malibu Home of ‘Young and the Restless,’ ‘Bold and the Beautiful’ Co-Creator Lee Phillip Bell on the Market for $21.5M

Published: April 18, 2020 | By: American Luxury Staff

Lee Phillip Bell’s spectacular Malibu estate came on the market this spring. The ask is $21.5 million for the property, which is situated in the desirable Colony neighborhood, and anchored by a nearly historic farmhouse-style home that measures 3,300 square feet and was built in 1928.

The house features the eccentric layout common to the era, and the surprises that go along with it. It’s been renovated in keeping with contemporary tastes, and now boasts a thoroughly blazing treatment—white walls, ceilings, and floors—that gives it the living style and ethereal overtone, but at the cost of the early coastal SoCal rusticity that the home was graced with before being tonally and texturally bowdlerized.

Still, period flourishes sneak in; a Tudor arch here, a tongue-and-groove ceiling there. The master suite is extraordinary, with an alcove bedroom giving way to a private living room with a vaulted ceiling and a brick—whitewashed, of course—corner fireplace. Other bedrooms follow suit, each granted its own personality despite the common lack of color. The nook-and-cranny sensibility powers through at all opportunities, though, as the home’s original era asserts itself in no uncertain terms.

Outside, a red brick patio has been allowed to remain red, by elemental necessity if nothing else. The gardens, lagoon-style pool, and backdrop of 60 feet of deeded beach frontage cast a spell as timeless and beguiling as the home’s. An unusual opportunity for the person with 20 mil to spend, and the guts to potentially start a bidding war with billionaire Sheldon Adelson.

Bell, who passed away in February, created ‘The Lee Phillip Show’ before becoming a soap opera writer. She and her husband William created ‘The Young and the Restless’ and ‘The Bold and the Beautiful’.

9259 April 18, 2020 Real Estate April 18, 2020