The Tadao Ando Malibu House Once Abandoned by Kanye West Finds a New Buyer
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The Tadao Ando Malibu house that Ye, formerly known as Kanye West, previously owned and gutted, has already found a new buyer days after returning to the market, per the Wall Street Journal.The oceanfront compound, designed by the Pritzker Prize-winning Japanese starchitect, was up for grabs last week at $39 million. Belwood Investments, led by founder Steven Bo Belmont, has now revealed the firm has already accepted an all-cash offer between $30 to $34 million for the partially-restored property. The dwelling now reportedly is under contract with Andrew Mazella Ventures LLC, a Montana-based luxury home developer. The deal is set to close on May 1.The rear of the home faces the Pacific Ocean.Photo: The Oppenheim Group/RogerDaviesWest, who paid $57.3 million for the 4,000-square-foot structure in 2021, attempted to turn the architectural masterpieces into a modern bomb shelter. The disgraced musician and fashion mogul completely stripped and destroyed the famous property, leaving it as a concrete shell without plumbing, electricity, or a roof, and exposing it to debris and spray from the Pacific Ocean. The rapper listed the property in December 2023 for $53 million after failing to complete renovations and following an ongoing lawsuit with former constructors who worked on the project.The most recent owner, who purchased the home from West, made significant repairs.Photo: The Oppenheim Group/RogerDaviesJoin NowFlash Sale: Become an AD PRO member today and unlock your design potential.ArrowBelmont purchased the three-story house in September 2024 for $21 million with plans to restore the brutalist structure back to its original state. The entrepreneur hired architecture firm Marmol Radziner to oversee the $8.5 million project, and new roof, plumbing, electrical, and framing has since been added to the home. Mazzella, who tells WSJ that hes a fan of Andos work, has yet to announce when the houses restoration will be complete, or if he will continue to work with the same architects used by Belmont during the initial stages of the renovations.
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