Cox and Arquette Sell Trophy Malibu Home to Dodgers Owner McCourt for 33.5 Million
Courtney Cox and David Arquette, the married movie celebrities, have sold their Malibu home to Dodgers owners Frank and Jamie McCourt for a cool 33.5 million dollars. The home built by famed architect John Lautner was originally purchased by the Cox-Arquette’s for 10 million on 2001, netting them a nice little profit.
The home built in 1979 is on Carbon Beach in Malibu and is considered one of the more stunning homes on the Malibu coastline. The views from this home overlooking the Pacific ocean must be absolutely stunning.
The architectural trophy home was designed by John Lautner, who studied with Frank Lloyd Wright. Lautner, known for his modernistic designs, died at age 83 in 1994.
The four-bedroom, 5,500-square-foot house — known as the Segel residence — has ocean views from almost every room and sits on a double lot with 80 feet of beach frontage, according to the Multiple Listing Service. It has exposed concrete, natural wood, skylights, a curved roof line and a pool. via Los Angeles Times.
Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
Pingback by Sunday Speedlinks 8-5-07 at InspiredAustin.com on 5 August 2007:
[...] Lloyd Wright student John Lautner, being sold by some celebrities to some other celebrities… Cox and Arquette Sell Trophy Malibu Home to Dodgers Owner McCourt for 33.5 Million. Here are some photos of the home on Curbed-LA: Exterior: Segel House Exterior and Interior: Segel [...]
Pingback by Good to Go Pile . . .2nd Round Monday « Trading for the Masses on 6 August 2007:
[...] didn’t know Courtney Cox lived this large, [...]
Pingback by What’s Really Going on with Manny « Franchise This on 1 March 2009:
[...] instead of a hobby, how most sports franchise owners view their teams. Not long ago, they bought a beachfront home in Malibu for $33.5 million. However, now the home is worth an estimated 17.2 million according to [...]