Magazine article Variety

David Foster Sells His Malibu Manse for $19M

Magazine article Variety

David Foster Sells His Malibu Manse for $19M

Article excerpt

It was real estate uber-insider Peter Propertyseller who first snitched, and property records now confirm, that 16-time Gram my-winning composer, producer, and songwriter David Foster and "The Real Housewives of Beverly Hills" cast member Yolanda Foster have sold their Malibu mansion for $19.45 million. Last listed at $23.5 million, the 3.25-acre estate was first floated off market by the couple in the fall of 2013, before it was officially hoisted on the open market in early 2014, with an in-hindsight chimerical $27.5 million price tag.

The custom-built Mediterranean mansion, at the end of a long gated drive with indisputably dazzling ocean and coastline views, was described in marketing materials as "reminiscent of a romantic European villa." spanning more than 11,600 square feet over three floors, with six bedrooms and nine bathrooms. Extra-wide plank reclaimed Bavarian walnut floors run throughout the casually sumptuous main floor living spaces that include a combination living/dining room, paneled library/ office and family room - all three with fireplaces, and a colossal kitchen that features a glass-fronted and marble-lined walk-in refrigerator. …

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