Barry Manilow and 24146 Malibu Road, and Garry Marshall and 22440 Pacific Coast Highway
The start of June brought some sizzle to the luxury real estate market, with notable sales in Malibu and Beverly Hills. A handful of massive properties also listed — the most extravagant being a 43,000-square-foot home in Montecito.
The children of late Hollywood filmmaker Garry Marshall sold their family home in Carbon Beach for $14.2 million, about 20 percent below its original list price. Kathleen, Lori and Scott Marshall sold the 3,190-square-foot oceanfront estate through several trusts. Located on the Pacific Coast Highway, the home has five bedrooms and four bathrooms. Records show the property has been in the hands of the family since 2003. Marshall, who died in 2016, is best known for “Happy Days,” “Pretty Woman” and “The Princess Diaries.”
In Beverly Hills, a mansion with apparent ties to the former chairman of Northrop Grumman has listed his newly built estate for $47 million. Executive Kent Kresa is connected to the LLC — 512 Perugia Way — that owns the property. The 11,000-square-foot home includes five bedrooms and nine bathrooms. There’s also an infinity-edge swimming pool with spa, gym, gardens, four-car garage and walls made of shell stone. The two-story home sits on a three quarters of an acre.
Also in Beverly Hills, a home owned by late film producer Arnold Kopelson sold for $9.7 million after two price cuts. The Mediterranean-style villa, which dates to the 1930s, had been listed at $10.9 million. Spanning 10,500 square feet, it includes four bedrooms, seven bathrooms, and a library. Kopelson, who died last year, is best known as the producer on “Platoon,” which won four Academy Awards.
A Malibu oceanfront estate once owned by Barry Manilow is back on the market for sale for $10.9 million, roughly 35 percent lower than its original ask three years ago. Property records reveal the home is tied to Natalie Mogilny, who filed for separation from retired National Hockey League star Alexander Mogilny in 2012. Located on Malibu Road near the glitzy Malibu Colony, the three-story home includes five bedrooms and five bathrooms. The 4,320-square-foot home, which Manilow owned from 2002 to 2012, was recently renovated.
And finally, in Montecito, a massive property hit the market for $65 million. Patrick Nesbitt, CEO of Embassy Suites’ parent company, is selling his 43,000-square-foot oceanfront home. Among the amenities are a full-size polo field, Hermes-branded helicopter hangar and a stable for 20 horses. There are 11 bedrooms and 22 bathrooms. But there’s more. The property also includes a nightclub, “man cave” with a sports bar, a protected butterfly reserve, horse trail, Japanese garden, putting green. and a 128-foot swimming pool.
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