Joshua Kushner and Karlie Kloss Acquire Malibu's Iconic Wave House for $29.5 Million
Monday, 26 August 2024, 09:05
Real Estate Overview
Joshua Kushner and Karlie Kloss made headlines with their recent purchase of Malibu's Wave House for $29.5 million. This stunning property, previously listed for $49.5 million, exemplifies the luxury real estate landscape in Malibu.
About the Wave House
The Midcentury Modern home spans 6,200 square feet, featuring distinctive architectural elements that make it a standout property in the area. The price drop reflects market trends and buyer interest in unique homes.
Market Insights
- Significant price reduction on luxury properties.
- Continued interest in California's real estate market by high-profile buyers.
- Malibu remains a desirable location for celebrity home purchases.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.