Factor Buys Into Malibu Colony for $15.3 Million

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The great-grandson of Max Factor – the man, not the mascara – just bought a home in Malibu Colony for $15.3 million, according to public records.

Dean Jay Factor, head of Smashbox Studios, and his wife Shannon bought an English Manor-style beachfront home located on the deepest beach lot in the Colony. The property includes 46 feet of beach frontage.

There’s a three-bedroom main house with outstanding hardwood floors, a gourmet kitchen with custom cabinetry and Viking appliances. The oceanfront family room has a wrap-around bar and copper ceiling. There is a large sitting room/office and balcony off the master suite, which fronts the ocean as well. The property comes with a detached two-story, three-bedroom guesthouse and has a pool, spa, flowering gardens, and a large patio. The Colony is guard-gated.

Factor formed SmashBox in 1990, a Culver City photo and film studio that hosts photo and film shoots, and events for celebrities and photographers; L.A. Fashion Week was based there for six years. SmashBox expanded to include a modeling agency, production company, clothing line and a cosmetic line called SmashBox Cosmetics, which was sold to Estee Lauder earlier this year.

Irene Dazzen Palmer and Allesandro Dazzen, both of Coldwell Banker Malibu, co-listed the property. The agent representing the buyer was Marty Yacoobian with VC Visions Martin C. Yacoobian & Associates.

Douglas Home

There was a time when it seemed every third real estate sign on a lawn bore the name of Jon Douglas.

Douglas, a tennis pro who hung up his racket to launch a highly successful real estate company in Southern California, died in July. His Bel-Air mansion just came on the market at $18.7 million.

Douglas was ranked in the top 10 of U.S. tennis players from 1960 to 1962. He was a quarterfinalist in the 1961 U.S. Open and was later inducted into the Intercollegiate Tennis Association’s Hall of Fame. He was also a quarterback for Stanford University.

In 1971, Douglas co-founded commercial real estate brokerage Douglas Emmett Inc. Because things were rough at first, Douglas started his residential company, Jon Douglas Co., on the side. He merged it with Prudential in 1995, and it was acquired by Coldwell Banker in 1997.

The 12,000-square-foot home is part traditional and part contemporary in style. It sits on 1.87 acres and was built in 2001 by and for Douglas. Set behind private gates, the home has a grand circular entry hall, a wood-paneled library, formal dining room and a family room – all reflecting classic architecture and artistic craftsmanship. The home has oversized windows, lots of limestone and marble, crown moldings, and high ceilings throughout. The kitchen features all-white cabinetry, marble countertops, a food preparation island with a sink and an adjacent butler’s pantry. The master suite includes a bedroom, study, sitting room, his-and-her closets and bathrooms, a sauna and a kitchenette. I actually have often wondered why more high-end homes don’t put a small kitchen in the master suite. Think of all the saved trips having to run downstairs to fetch some ice.

The property has a four-car garage, outdoor fireplace and seating area, a pool and a 1,750-square-foot guesthouse.

Joyce Rey and Michael Sahakian, both of Coldwell Banker, Beverly Hills, share the listing.

Malibu Sale

Rose Webb Roven recently sold her 5,000-square-foot Malibu beach house that had been listed at $24 million. The MLS reports it sold at $21.5 million.

Webb Roven is the adult daughter of Max Webb, one of the co-founders of Beverly Hills-based Shapell Industries.

Webb Roven’s father Max, a Holocaust survivor, joined forces with his brother-in-law Nathan Shapell and Nathan’s brother David Shapell in 1955 to form a home construction company initially known as S&S, later renamed Shapell, that built a couple of zillion custom-quality one-family home developments in California. Think high-end Levittowns, but without the Long Island accent.

Shapell Industries went public in 1969, then private in1984. Among its most notable developments is Porter Ranch in the San Fernando Valley. The company continues to build homes, and has developed office and industrial property.

Webb Roven sold her four-bedroom, five-bath beach house that sits behind the Colony’s guarded gates and has 58 feet of coveted beachfront. All of the public rooms face the ocean, as does the master suite. There are two separate guest suites and a gym located away from the main residence for privacy and the compound has a pool and spa.

Public records show the listing agent to be Jeff Chertow of Pritchett Rapf, Malibu. Victoria Risko of Sotheby’s International Realty, Beverly Hills, represented the buyer.

Hollywood Listing

Former actress-model turned clothing line designer Claire Stansfield is entertaining offers on her Hollywood house that’s been listed at $2.2 million.

In 2003, Stansfield launched the C&C California designer clothing company with friend and theater actress Cheyann Benedict. The C&C stands for Claire and Cheyann. Their initial product line was 1970s-style slouchy T-shirts and tank tops – you know, the ones that every teenager wears, layered in multiple colors. The business was sold to Liz Claiborne, thank you teenagers.

Stansfield has appeared in “Xena: Warrior Princess,” “Frasier” and “The X-Files.”

The four-bedroom, 5,060-square-foot contemporary-style house was built in 1988 and sits on more than an acre of land. There are large terraces with an outdoor fireplace and dining areas. The open kitchen has top-of-the-line appliances and a seating booth and breakfast area framed with custom earth-tone geometric tiles.

The master suite features a terrace and a mahogany nautical-themed spa bath with a framed view of the famed Hollywood sign.

Ernie Carswell of Teles Properties shares the listing with Christopher Pickett of the same office.

Ann Brenoff can be reached at [email protected].

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