is laughing all the way to the bank.
Thestar has finally sold his prime oceanfront Malibu property for $10.25M. Now, he didn’t quite make the $6 million profit he was hoping, but $10M ain’t too shabby (considering he bought the luxe digs for $9.3 million in 2005.)
Two years later, the manse was listed with “recent construction” so the comedian did put a small sum into the property. But finally after a six-year real estate roller coaster, the actor has said “buh-bye” to the beach paradise that not only has the Pacific Ocean but a sparkling outdoor pool to boot! (Don’t mind if we take a dip.)
The 3,763 square-foot property sits right off famed PCH in the ‘Bu, and with 4 bedrooms and 3.5 baths, the spacious two-story home is perfect for any beach-loving bachelor or family. The home’s high ceilings, large archways, and numerous windows connect the rooms with an open layout, natural lighting, and provide a relaxing beach retreat.
Aside from the roominess inside, the home also includes a sauna, art studio, 4 fireplaces, cylinder staircase, and 60 feet of bulkhead on.
Let Million Dollar Listing New York’s Ryan Serhant give you the guided tour in the CB! video above.
And take a closer look inside the Malibu getaway in the CB! gallery below.
Article URL: http://www.celebuzz.com/2013-08-14/realty-byte-ryan-serhant-takes-a-dip-in-david-spades-newly-sold-10m-malibu-pad/