Entertainment Exec Chris McGurk Finally Sells Malibu Home (EXCLUSIVE)

Mark David
Variety

After more than five years on and off the market, with asking prices that soared as unrealistically high as $12.5 million, veteran entertainment-industry powerbroker Chris McGurk has sold a flamboyantly contemporary beachfront home in Malibu for a smidgen under $6.95 million. The sale price was well below the last asking price of $7.95 million, and just a wee bit above the $6.67 million he paid for the circa-1983 Marshall Lewis-designed beach house in June 2004. Listing details show the not-quite-5,700-square-foot residence in a small, gated enclave along El Matador State Beach (with about 65-feet of prime beach frontage), has a total of six bedrooms and seven bathrooms over three floors.

At least two of the guest bedrooms are en suite, as is the roomy, ocean-view master suite that also has a fireplace set between glass sliders that lead to a private terrace with sweeping coastline views. The dining room, which overlooks a large living room with a voluminous vaulted ceiling and a stainless-steel-faced fireplace, has a raised fireplace set into a black brick wall, and a massive picture window that provides a cinematic, head-on ocean view. Sprawling recreation and entertainment spaces on the lowest floor include a media lounge that opens to a vast covered veranda and — a rare feature in an oceanfront home in Malibu — an indoor swimming pool equipped with swim jets, a spa, a sauna, and a steam shower.

Earlier this year, McGurk sold a dated but dignified Tudor-style mansion just around the corner from the Beverly Hills Hotel in an off-market deal for $16.5 million.

listing photos: The Agency

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