Table Of Content
- Kanye West Teases New Album with Film by Artist Jon Rafman
- Jason Oppenheim Got the Kanye Listing
- West is selling the property for $53 million — $4 million less than he paid in 2021.
- A Timeline of Kanye West's Rotting $57m Malibu House
- Kanye “Ye” West Gutted This Tadao Ando House. Now He Wants $53M for It
- Mesh Flats Are Spring’s Hottest Shoe — Here Are the Best Pairs at Every Price Point
A Happy Hanukkah sign was even posted onto the Malibu house's garage door around the time that Kanye was embracing hate speech and far-right conspiracy theorists. The homes interior walls, exposed to the outside air, wind, and sand as they were, began to crumble and the metal railings are rusting, better as a respite for seagulls than would-be residents. By summer 2022, Ye's Malibu house was entirely gutted and barren as repairs dragged on and on.
Kanye West Teases New Album with Film by Artist Jon Rafman
Just two years ago, Kanye West was still flying high on the success of his billion-dollar Yeezy sneaker brand. He bought two separate Wyoming ranches, including one that spanned more than 3,000 acres. The money seemed endless; he also shelled out $57 million, in cash, for an oceanfront Malibu house designed by famed Japanese architect Tadao Ando. And in the midst of his acrimonious divorce from Kim Kardashian, he bought a house directly across the street from her Hidden Hills residence, just because. The nearly 4,000-square-foot house was initially offered at an outrageous $75 million last year, before being removed from the market. But the discounted sale price is also the second-highest number paid for a Malibu home this year, behind only an $87 million transaction that recorded in February.
Jason Oppenheim Got the Kanye Listing
Inside all of Kanye West’s crumbling properties including decrepit $53M Malibu home, abandoned $1.5M c... - The US Sun
Inside all of Kanye West’s crumbling properties including decrepit $53M Malibu home, abandoned $1.5M c....
Posted: Tue, 26 Dec 2023 08:00:00 GMT [source]
His new Malibu beach house was initially listed for $75 million and purchased in an off-market deal, so real estate images of the interiors aren’t publicly available. Sachs bought the land in 2003 and commissioned Ando to design the home, which was built in collaboration with local architecture firm Marmol Radziner. Made with 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 pylons drilled more than 60 feet into the sand, the residence is a prime example of Ando’s iconic style. The home was completed in 2013 after a decade of work, and Sachs says he’s only letting it go because he spends too much time on the East Coast. It was seen as a significant part of Ando’s body of work with sculptural lines paired with his minimalist concrete structures. Since West stripped all of its windows, electrical, doors, and plumbing, it’s really hard to see the architect’s vision anymore.
West is selling the property for $53 million — $4 million less than he paid in 2021.
West has tried his hand at architecture, designing and attempting to build a cluster of dome-like homes on his Calabasas property in 2019. He was forced to demolish them after the city said they violated building codes. West is currently being sued by contractor Tony Saxon who worked on the home’s gut renovation, saying he’s owed more than $1 million for his work and alleging disability discrimination, multiple labor code violations, unpaid wages and wrongful termination. According to the Wall Street Journal, which first reported that the house is being put on the market, West has denied the claims made in the suit. He’s also got more than 300 acres of vacant hillside land on the Calabasas outskirts, where he once attempted to build a mysterious “village” of dome-like homes. Neighbors told TMZ that they haven't "seen anyone around for many months" and Ye's Malibu mansion was "left to rot" given that no one is maintaining the structure in the meantime, despite all the outside advisors that Ye pulled on for the project.
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Ye's home "is an everlasting beacon of permanence on California's coastline," the home description reads. "Natural light is used creatively throughout the space, another signature of Ando, to manipulate a warm feeling throughout the building and harmonize with its natural surroundings." West visited the Ando-designed “art island” of Naoshima, Japan, in 2018, during a James Turrell installation, and later called the experience “life-changing,” according to reports.
But it doesn’t look anything like that today—aerial imagery shows most all of the walls and doors are now gone, and the interior finishes have likely made their way to a landfill. Oppenheim told the Wall Street Journal that a buyer will need to spend “several million dollars” just to make the house livable. Sold by retired Wall Street financier Richard Sachs, best known as the ex-boyfriend of Ashley Olson, the Malibu property last transferred for just $1.9 million in 2003.
Ye Slashes The Price
Oppenheim and the O Group’s agents are currently filming season 8 of his hit Netflix series Selling Sunset, but he says it’s unclear whether the home will be featured on an upcoming episode. The official description notes that, "Natural light is used creatively throughout the space, another signature of Ando, to manipulate a warm feeling throughout the building and harmonize with its natural surroundings." The price dip is definitely not too surprising considering the state of disrepair that the house is currently in. While Ye's Tadao Ando-designed home collapses into the sea, Kim Kardashian is apparently happy at work with Ando himself, whom she met with during a recent trip to Japan.
Ye bought the property just three years ago for $57.25 million, according to Los Angeles County property records, with the intention of gutting and redesigning the property. He also designed a Malibu beachfront home for soap-opera heir William Bell Jr. and his wife Maria; Beyoncé and Jay-Z purchased that home in 2023 for a whopping $200 million, a transaction that shattered California price records. "Selling Sunset" star Jason Oppenheim is exclusively listing the property for $53 million. The real estate broker said the new price reflects the property's value after the rapper removed the home's interiors. Four months ago, Kanye West put his infamously wrecked Malibu house on the market, asking a steep $53 million. This week, the price tag was slashed all the way down to $39 million by the home’s listing agent, Selling Sunset star Jason Oppenheim.
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Around 200 tons of concrete, 200 tons of steel reinforcement, and 12 massive pylons were used to construct the home, according to its description. The property was designed by Pritzker Architecture Prize-winning Japanese architect Tadao Ando, who is also responsible for Beyoncé and Jay-Z's $200 million Mailbu property. Ando is known for both his minimalist structures and his use of reinforced concrete.
Ye’s 4,000-square-foot property was originally listed for $53 million in December 2023, but now is listed by the Oppenheim Group—the brokerage most famous for its popular Netflix show Selling Sunset—which has the property listed at a $14 million discount. Now, Oppenheim is listing the house, and The Oppenheim Group shared photos with Business Insider taken from before West owned the home. Photos obtained by TMZ show what it currently looks like — let's just say it's a fixer-upper. In September 2023, West was sued by a former employee — his caretaker for the Malibu property — who claimed the rapper fired him after forcing him to sleep on the floor during renovations and ordered him to remove the windows and electricity. Kanye West first became enamored with Ando’s designs after a 2018 visit to Naoshima, the “art island” in Japan’s Seto Inland Sea that hosts Ando’s Benesse House Museum and sculptures by James Turrell. In 2020, West told GQ that he wanted to build a home “where every room is a Turrell,” so it’s no surprise that he fell for a home with a similar vibe.
Sachs, a financier and ex of Ashley Olsen, purchased the property in 2003 for the much lower price of $1.9 million, and radically transformed the place during his near 20 years of residency. Designed by Pritzker Prize-winning Tadao Ando, the house features a concrete exterior in keeping with the acclaimed architect’s streamlined brutalist ethos. In the couple of dozen months that Ye has owned the property, the music performer and designer removed the home’s interiors, leaving it essentially gutted.
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