"The front of Zell's house, a mix of beige stucco and blond wood, is a low-key facade that belies the expansive, 12,000-square-foot property, which includes a gym, a pool, four bedrooms and a guest house. Zell paid $13 million for the home in 1998."
"The ocean side of the house is a wall of glass windows. The house is perched above the beach, a pile of jagged rocks propped below and a 'No Trespassing' sign stuck in the middle of them."
"When they come to Malibu, they go to their house and just stay there. They have never been past Geoffrey's, referring to the popular restaurant that overlooks the ocean a few miles south."
Sam Zell, a prominent businessman who agreed to purchase a Los Angeles newspaper, maintains a luxurious oceanfront property in Malibu, California, north of Zuma Beach. The 12,000-square-foot home, designed by celebrated architect John Lautner, features a mix of beige stucco and blond wood construction with extensive amenities including a gym, pool, four bedrooms, and guest house. Purchased in 1998 for $13 million, the property sits on an outcropping overlooking the ocean with a distinctive glass wall facing the water. Zell and his wife Helen, who reconnected years before their marriage, use the retreat as a private weekend escape, flying from Chicago via private plane to nearby Camarillo Airport approximately 26 weekends annually. The couple maintains a low profile during their Malibu visits, preferring seclusion at their residence.
Read at Los Angeles Times
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