Yolanda Hadid & David Foster's Former Malibu Property Sells for $6.5M
TMZ • • entertainment
Key Points:
- David Foster and Yolanda Hadid's former Malibu estate, destroyed in the 2025 Palisades Fire, has sold for $6.5 million, marking the highest land sale in Malibu since the wildfire.
- The 3.25-acre ocean view property was listed just under $12 million, offering a rare chance to rebuild on prime Malibu real estate despite a challenging market.
- The estate, originally purchased in 2007 for $4.5 million, was a European-style villa featured on "The Real Housewives of Beverly Hills," where the Hadid sisters spent part of their teenage years.
- Conceptual plans for the property include a 14,000-square-foot gated compound with 6 bedrooms, 10 bathrooms, luxury amenities, and extensive outdoor living spaces with ocean views.
- The sale highlights the resilience of Malibu and Los Angeles real estate, as buyers continue to invest in high-potential properties post-wildfire.
