Posted by : Unknown Monday 22 July 2013

Like David Spade, after a long slog on the real estate merry-go-round Hollywood royals Kurt Russell and Goldie Hawn have finally unloaded their Balinese contemporary beach front house in Malibu (CA) for many millions less than they originally wanted.

After years of putting the mini-compound up as a summer rental at $80-95,000 per month, the couple listed their house on rapidly disappearing Broad Beach in July 2011 on the open market with an asking price of $14,749,000. By May 2012 the price had plummeted to $11,200,000 and by September (2012) the priced had tumbled even further to $9,950,000.

Property records now show the couple sold the gated, Gus Duffy re-designed residence—with 4 bedrooms and 4.5 bathrooms plus a two-room guest house above the two-car garage—in mid-July (2013) for $9,500,000.

source: Redfin
listing photos: Coldwell Banker Previews International

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