Actor John Cusack Sells Malibu Beach House For $10.3 Million

By on September 30, 2016 in ArticlesCelebrity Homes

Veteran actor John Cusack, who first earned fame from such films as Class, Sixteen Candles, and Better Off Dead can now add something else to his impressive resume: he just sold his Malibu home for a huge profit. Built in 1974, Mr. Cusack's Spanish-style multi-level home was put on the market this March for $13.5 million, or $75,000 a month, according to the The Los Angeles Times. The buyer of the home, no doubt a pretty strong negotiator, got Cusack to drop the selling price to $10.3 million. Property records show that the house last switched hands in 1999 for $2.1 million. That would suggest that Mr. Cusack made a profit on the home of many millions of dollars.

Bauer Griffin

Bauer Griffin

Sitting along a stretch of sand in a gated community, the 4,660-square-foot house has three bedrooms and four-and-a-half bathrooms. It features high ceilings, painted beams and wrought iron chandeliers. The living room boasts a coastline and open water view. With a view like this, it is no wonder Cusack made such a big profit on this property.

Realtor.com

Realtor.com

The master suite, outfitted with a large bath and a fireplace, opens to a private balcony, with yet another stunning ocean view.

Realtor.com

Realtor.com

Other living areas include a large kitchen, a den/office and an exercise room. The lower level of the home has a dry sauna and direct access to the beach. And it seems that no matter where in this beautiful home you are, you cannot escape this truly amazing ocean view!

Realtor.com

Realtor.com

Cusack, also know for his hit film Say Anything… really doesn't need to say a word about why he first bought this incredible beach home and the new buyer has said everything, by plunking down $10.3 million to get it.

Articles Written by George J. Pilibosian
George holds an Economics degree from the University of Massachusetts at Amherst, and has over ten years of experience running the marketing groups at two large U.S. investment firms. He has always loved business, especially the financial and marketing functions. Rather recently, a friend asked for help writing a business plan–the experience became George’s “aha moment.” Ever since, he has been advising young entrepreneurs and developing business plans for them through his firm, RedHotPlans.com​. George has been reading Celebrity Net Worth since 2009, and when the opportunity arose to be part of our dynamic team, he just couldn't resist. Follow him on LinkedIn .
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