One of the most successful realtors in the country is scooping up some new digs … a Malibu estate with a wealth of Hollywood connections.
Our real estate sources tell us Kurt Rappaport just closed on a beachfront property smack in the middle of the ‘Bu for $22.5 million … a home once owned by Lee Majors and Farrah Fawcett.
The place is 4,500 square feet with 5 bedrooms and sweeping views of the coastline … plus it’s in the thick of the deepest, sandiest beach in all of Malibu. In other words, prime real estate.
Looks like Kurt got a huge steal here … the place was listed in 2022 for $42.5 million … and he snapped it up for $20 million less. Like we said, Kurt’s one of the most successful realtors in America.
Lee and Farrah lived here in the 1970s … and in recent years tenants included Google co-founder Sergey Brin and music honcho Jimmy Iovine.
Kurt’s got loads of celeb clients, but he may also have more money than most of them … because he buys insanely expensive properties, and this place is no exception.
The beachfront compound looks straight out of Cape Cod … and the property features an oceanfront deck, private courtyard, detached guest house, media room, a custom kitchen and ocean views from pretty much every room.
The seller here is Juliana Terian, CEO and owner of Rallye Motor Company … she paid $18 million for the place way back in 2012 and was repped by Cooper Mount and Joyce Rey.
Meanwhile, Kurt repped himself in the transaction.
Source From: www.tmz.com
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