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Kanye West’s Malibu Mansion: A $53M Gutted Property

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Kanye West’s Malibu mansion, which was recently listed for an astounding $53M, is making headlines due to its completely gutted state. Aerial photographs of the beachfront property reveal its current soulless and bare condition, indicating that extensive renovations are required to bring it back to life.

Key Takeaway

Kanye West’s $53M Malibu mansion, despite its hefty price tag, requires extensive renovations due to its gutted state. The property’s lack of essential amenities and legal issues surrounding its remodeling have made it a subject of significant attention.

The Bare State of the Mansion

The 3-story, 4,000 square foot home lacks essential amenities such as plumbing, electrical, and HVAC, leaving it in a state of disrepair. Despite the hefty price tag, the property’s lack of basic infrastructure presents a significant challenge for potential buyers.

History of the Property

Kanye West originally purchased the mansion for $57M and began remodeling it with renowned architect Tadao Ando. However, the property’s transformation has been marred by legal issues, including a lawsuit filed against Kanye West by the former project manager overseeing the remodel, who expressed dissatisfaction with the extensive gutting of the property.

A Rare Opportunity for Restoration

Jason Oppenheim, known for his role in “Selling Sunset” and the current listing agent for the property, views the situation as a unique opportunity for the new owners to restore the waterfront mansion according to their own preferences, despite the ongoing legal challenges.