I recently saw the HBO documentary entitled "His Way" about Producer Jerry Weintraub's illustrious career in show business. I think I had heard the name before, but didn't know too much about him before seeing the documentary. I must say I was impressed and inspired by the man's ability to flat out make things happen throughout his almost fifty year professional career. Mr. Weintraub started his own management company in 1964, where he handled huge stars like Elvis Presley and Frank Sinatra. He went on to manage John Denver's career in 1970. Jerry Weintraub began producing movies in 1975, and ended up producing huge blockbusters including, all of the "Karate Kid" and "Ocean's" Movies, among many others.
Pacific Coast Highway, Malibu
$42,500,000 7 Bed 11 Bath (in main house) 11,180 Sq. Ft 288,807 Sq. Ft Lot (6.63 Acres)
I wish I could find some more interior shots, as the outside ones of the actual house aren't all that impressive, considering the price point. Obviously the extensive grounds is what makes this one special, and after the break you can get a glimpse of this amazing property which spans almost seven flat acres in a prime westside location just south of Paradise Cove. This size compound is huge and extremely rare for beachfront property. It comes with 500 feet of beach frontage!
"Besides stunning views of the Pacific Ocean and private beach access, Weintraub’s home includes 7 bedrooms and 11 bathrooms in the main house. There are more sleeping quarters in the two guest houses also on the property. The compound also features a deluxe equestrian center with two stables and large riding ring as well as lighted tennis courts and pool." - Zillow Blog
According to The Real Estalker, Weintraub purchased the property in two pieces: he paid $950,000 in 1978 for a four-acre parcel and $450,500 for the second 2.25-acre parcel in 1980. Sounds like those investments will work out well for Mr. Weintraub. Not as nice as he originally hoped though, as the property was previously listed in 2008 for a whopping $75,000,000. I hope he has better luck this time around with the more realistic price.
I am not worried about this media kingpin though, as Mr. Weintraub also owns several other large and lavish homes including a double lot spread on Doheny Road in Beverly Hills (just down the road from the Ozzy Osbournes), a house in Palm Desert just outside of Palm Springs, and another place in Kennebunkport, Maine. The man is definitely doing it his way in a major way.
Listing and Photos courtesy of Christopher Cortazzo - Coldwell Banker
If you would like to see this one of a kind property in this location in person, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.