Kim Kardashian Pays $70.4M for Cindy Crawford’s Former Malibu Home

Published: September 22, 2022 | By: American Luxury Staff

The dramatic promontory estate of businessman Adam Weiss and actress Barret Swatek, which appeared for sale in April of this year tagged at $99.5 million, was recently added to the real estate portfolio of reality television star and business mogul Kim Kardashian. The estate, which Weiss and Swatek purchased from Cindy Crawford and Rande Gerber in 2018 for $45 million, just changed hands for $70.4 million as part of a multi-property sale. It was last listed with an asking price of $89.75 million.

The property dates to 1944, and occupies 3.18 acres in a quieter corner of Malibu. Among its more appealing features is the wood boardwalk and staircases which meander in leisurely Malibu fashion down the bluff to the beach, with a sundeck or two along the way as detour options.

But this is a lifestyle compound with few peers when location, breadth of amenities, privacy, and scenery are all considered, and the estate also features a tennis court, detached indoor/outdoor fitness studio, stone pool and sun lounge with companion fireplace cabana, ocean view fire pit, and spa.

The interiors of the main house have been renovated, and feature tile floors, a contemporary chandelier or two, and walls of wood-framed pocketing glass. A cozy galley kitchen and a splendidly extravagant spiral staircase are among the highlights of the home.

Kardahsian’s net worth is $1.8 billion, according to Forbes. Her business ventures include shapewear brand Skims and private equity firm SKKY Partners.

5539 September 22, 2022 Real Estate September 22, 2022