Malibu Home Gets a Price Cut – $10 Million Off


What would you pay for a sprawling estate on 180 feet of beach on what is arguably the most expensive stretch of sand in the world? Well, apparently you wouldn’t pay $57 million, so now the estate of the late Nancy Daly Riordan is hoping you’ll pay $47 million.

To be fair, that’s a pretty big price slash and one that is likely to generate some interest.

Daly Riordan, who died in October, was married to former L.A. Mayor Richard Riordan. She was well known in philanthropy circles, especially for her three decades of work as a children’s rights activist. She founded the United Friends of the Children, an organization that supports programs for foster care children. She was also instrumental in creating the Los Angeles County Children and Family Services Department and was co-founder of the Children’s Action Network. She was appointed to the President’s Commission on Children in 1989 and was invited by President Bush to the White House to witness his signing of the reauthorization of the Safe and Stable Families Act, which she had been instrumental in creating during the Clinton administration.

The estate she cobbled together by buying adjacent lots and properties through the years is now a 12,785-square-foot oceanfront home with eight bedrooms and a dozen bathrooms. It sits on Carbon Beach in Malibu, aka Billionaires’ Beach, so you can count on having some highfalutin neighbors.

The home has nine fireplaces and a double-height living room overlooking the Pacific. The property has a sports court, and a rare oceanside swimming pool and spa sheltered from the blowing sand by a transparent windscreen. The master suite is accessible by a stone staircase leading up from a terrace below.

Daly’s principal residence was in Bel-Air. She used this as a weekend beach retreat and often held charitable events there.

Ron de Salvo, Coldwell Banker Beverly Hills, and Chris Cortazzo, Coldwell Banker Malibu West, share the listing.

Architect’s Design

If you’ve ever appreciated the fact that you can see Kobe shoot a basket from even your nosebleed seat at the Staples Center, Ron Turner is the man to thank. He was the lead architect on that building and a whole bunch of others, including the home he is selling in Malibu for $2.9 million.

In addition to the Staples Center, Turner designed the Lincoln Financial Field for the Philadelphia Eagles, the Olympic Stadium and Turner Field in Atlanta, the Paul Brown Stadium for the Cincinnati Bengals, Miller Park for the Milwaukee Brewers, Bank One Ballpark for the Arizona Diamondbacks, and about 15 NBA/NHL other arenas in cities including New York; St. Louis; Tampa, Fla.; and Portland, Ore.

The architectural oceanview home he has listed is a retreat set among oak trees on 1.1 acres, featuring indoor-outdoor living. He used steel framing and commercial-grade insulated tempered glass to build his personal residence, which was designed for maximum energy efficiency. I love homes that architects built for themselves because they don’t cut corners to keep the client’s wallet happy. The property is gated, and the main home has four bedrooms and 3.5 bathrooms. There is a detached guesthouse, and an infinity pool and spa.

Turner is now the director of sports and entertainment projects for Gensler in Santa Monica. Gensler is a design and architectural firm headquartered in San Francisco.

Lynda Marsolek, Coldwell Banker’s Malibu Colony, has the listing.

Hidden Hills Home

Wendy Bellissimo, one of the world’s leading designers of baby nurseries, has listed her Hidden Hills home for sale at $5 million. Bellissimo has designed nurseries for Brooke Shields, Kelly Ripa and Cedric the Entertainer. Her designs for common folks are available at Babies ‘R’ Us.

Bellissimo is the founder and designer of Wendy Bellissimo Media Inc., a company that designs baby and children’s products. She also started an exclusive line of baby care and nursery products, and authored a book, “Nesting.”

The 6,817-square-foot custom home she is selling was built in 2008, and has six bedrooms and nine baths. The lot is private and secluded, with horse facilities and play areas for children. The home, designed by Bellissimo, includes soaring ceilings and skylights. There are seven limestone fireplaces, and the home features stone, brick and centuries-old wood imported from France.

There is a game room, home theater, a guesthouse, office, gym and wine cellar. The gourmet kitchen features top-of-the-line appliances and needless to say, the children’s suites are all Wendy Bellissimo.

Lisa Gutman of Keller Williams Realty is the listing agent.

Sherman Oaks Listing

OK, I admit to being a sucker for all members of the Baldwin brood. Baby brother Baldwin, as in Stephen, is the Baldwin in the production company Baldwin D’Andrea. The D’Andrea is Alex D’Andrea, who has listed his Sherman Oaks home at $1.45 million.

Baldwin D’Andrea has multiple projects in development involving all of the Baldwin brothers, including action thrillers, docu-dramas and comedies. Also included is a Western film with Alec Baldwin of “30 Rock” as its director. D’Andrea and William Baldwin recently acquired rights to the bestseller “Benjamin Franklin: An American Life” by Walter Isaacson.

D’Andrea is married to Katherine Kelly Lang, one of the four original cast members on “The Bold and the Beautiful.”

The south of the boulevard home has 3,410 square feet of living space, with five bedrooms and three bathrooms. The master bedroom suite has a spa tub and separate shower. There are soaring ceilings, hardwood floors, a fireplace and a 7-foot built-in wine rack. The backyard has a basketball court, lush landscaping, viewing area and a putting green.

Todd Jones, Rodeo Realty, is the listing agent.

Ann Brenoff can be reached at [email protected]

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