$100M Malibu Home Under Construction Is Most Expensive New Listing

A home under construction in Malibu, CA, called the Case 5, is on the market for $100 million. The nine-digit price tag cemented its spot as the week’s most expensive new listing on realtor.comĀ®.

Set to be completed in late 2020, the home is part of a collection of five new homes inspired by midcentury modern residential design. Prices will range from $50 million to $100 million.

The magnificent development in one of the nation’s priciest markets is the brainchild of designer Scott Gillen and his firm Unvarnished. In 2017, the longtime Malibu resident set a city record when he scooped up 24 coastal acres for $50 million.

For those unfamiliar with Gillen, the developer was once a filmmaker and director before turning his attention to high-end home design.

Source: $100M Malibu Home Under Construction Is Most Expensive New Listing | realtor.comĀ®

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