James Cameron Selling 730 Acres in Malibu Near Pepperdine University
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James Cameron, movie director extrodinaire is selling 730 acres in the Malibu area of California for a reported 25 million dollars. The properties were intitially combined to create a vast ranch called “Tranquility Base” for his family, but like many things in life, times and ideas change and Cameron is putting the Malibu ranchland up for sale.
To see the listing of the property, visit CB Richard Ellis’s listing of Cameron’s Traquility Base. I must say that if this land is available for development, which I do not know, it would be worth a pretty penny to a developer.
After the 1997 release of “Titanic,” Cameron started buying parcels on which to create a ranch or a family sanctuary that he planned to call “Tranquility Base.” By 2000, he had put together the entire site.
Now that he’s in production on the sci-fi thriller “Avatar,” however, Cameron wants to focus on filmmaking instead of real estate development. The filmmaker, 52, sees his land as an opportunity for a buyer who is passionate about developing a family retreat or a community of half a dozen estates.
The property, mostly pastureland, is adjacent to Pepperdine University and has views of the Malibu coastline and Santa Monica Bay. The site winds through canyons and over ridges covered with oak trees and native plant life. It is accessed by Puerco Canyon Road off Pacific Coast Highway. via the Los Angeles Times.
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