Record Sale — California

Jannard Estate, Malibu

Malibu, CA

The Malibu estate of Oakley founder James Jannard sold off market for $210 million in June 2024, the highest price ever recorded for a home sale in California. Kurt Rappaport of Westside Estate Agency brokered the transaction.

SALE PRICE
$210,000,000
RECORD DATE
June 2024
STATUS
Closed
PROPERTY TYPE
Single-Family
LISTING AGENT(S)
LISTING BROKERAGE
Westside Estate Agency
BUYER'S AGENT(S)
Not disclosed
BUYER'S BROKERAGE
Not disclosed
PROVENANCE
Assembled and held by James Jannard, founder of Oakley and RED Digital Cinema. The off-market June 2024 sale surpassed the $200 million Paradise Cove record set the prior year.
PRESS CITATIONS
The Wall Street Journal
June 2024
Robb Report
June 2024
REPRESENTING BROKERS
Kurt Rappaport
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