Koenig's Last Commission: This Malibu listing was designed by...

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Tuesday, March 6, 2012, by Sarah Firshein

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Celebrity Real Estate: Soon-To-Be-Divorced Tony Danza Lists Malibu Beach House

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Wednesday, July 27, 2011, by Rob Bear

The actor Tony Danza, who first gained fame in the sitcom Taxi, has recently had a better time picking real estate investments than he has projects. His most recent foray into small-screen work, Teach: Tony Danza, was cancelled after just seven episodes. Luckily, Danza has something in the bank for a rainy day, or rather, on the beach. The actor bought this Malibu, Calif. beach house back in 1987 for $1.15M, meaning he stands to make a hefty profit if it fetches anywhere near its $9.1M asking price, a profit he will have to share with his soon-to-be-ex wife. This is no overpriced beach shack either. It has 50 feet of beach frontage, 3,000 square feet, and five bedrooms.
· 25000 Malibu Road [Pritchett-Rapf]
· Malibu Digs of Tony Danza Goes on the Market [The Real Estalker]

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Celebrity Real Estate: Price Chops Aplenty for Mel Gibson's Relisted Malibu Manse

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Tuesday, May 31, 2011, by Rob Bear

After some less-than-politically-correct statements and the box office flop of his most recent flick, The Beaver, controversial film star Mel Gibson has relisted this Malibu property for $11.75M. Set on 2.56 acres, the six-bedroom Lavender Hill Farm was first listed for $14.5M in March 2010 and was most recently asking $12.75M with no takers. With no mention of Mr. Gibson or a "celebrity owner," the listing cites the estate's many virtues: 5,500 square feet, flood-lit tennis court, media room, gym, three guest houses, and a "a 2 story entertainment pavilion with built-in BBQ, fireplace and kitchen." Gibson might not be able to find much work lately, but will he find a buyer for his palatial pad?
· 23333 Palm Canyon Ln [Zillow]
· Mel Gibson Re-Lists Malibu Property for a Million Less [Zillow Blog]

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