A Malibu Mansion with its own funicular lists for $125 Million
June 02, 2020 - Malibu
A cliff-top Malibu mansion with a funicular leading down to the ocean is coming on the market for $125 million.
Located on Malibu’s Paradise Cove, the house was previously owned by the late country singer Kenny Rogers.
Mr. Rogers, who owned the house in the 1980s, installed the funicular only to be slapped with a $2 million fine from local authorities, according to his wife, Wanda Rogers.
Sitting on nearly 3 acres, the five-bedroom main house is located on a single level with vaulted ceilings, herringbone floors and floor-to-ceiling windows that open onto the gardens
At the entryway, a wall of frosted privacy glass turns transparent at the touch of a button, revealing an office and study, a large patio and lawn and views of the ocean.
The property also has a dance studio and a recording studio.
The grounds also include a three-bedroom guesthouse, a swimming pool, a waterfall and koi pond, a sports court and a guard house, according to the WSJ.
Residents and guests can use the funicular—a type of cable railroad—or adjacent steps to access the property’s large oceanfront cabana, which has retractable ceilings, a wet bar, a built-in barbecue and fire pit.
The property is sandwiched between mansions owned by TV producer Mark Burnett and WhatsApp co-founder Jan Koum.
Chris Cortazzo of Compass holds the listing.
Photos: MIKE HELFRICH
blog, Estate of the Day