HOUSE OF THE DAY: Jerry Weintraub Is Selling His Malibu Home At A $32 Million Discount

jerry

[credit provider=”Courtesy of Chris Cortazzo Coldwell Banker” url=”http://www.chriscortazzo.com/index.php?func=listings”]

Jerry Weintraub, producer of box office hits like The Karate Kid and Oceans 11, is selling his 6.25-acre Malibu complex for $42.5 million. But just two years ago, Weintraub had the house on the market for $75 million.Weintraub bought the property in two pieces, four acres in 1978 for $950,000, and 2.25-acres in 1980 for $450,500.

The beautiful property is located just south of Paradise Cove and features private beach access, two guest homes, a deluxe equestrian centre, tennis courts, and a pool.

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content=”HOUSE OF THE DAY: Buy Don King’s Two-Home Property On The Beach For $20 Million >
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