Malibu town is sold to $ 23.425 million by philanthropist James and Eleanor Randall

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James and Eleanor Randall, the philanthropists who bought the Liongate storged estate in Bel-Air four years ago, sold their Malibu house more than a decade for $ 23.425 million.

The 1.7 acre estate, located on Bluff, features a sea view, the main residence of the French Regency, two guest houses, a light tennis court and a swimming pool.

The main stone house, built in 2002, has ocean views from almost every room. Its 13,000 square feet of kitchen living space includes a chef with marble island, billiards room, theater, six bedrooms and seven bathrooms. French doors open in the large room directly to the back yard.

Malibu James Estate and Eleanor Randall | Hot Property

The residence in the French Regency style is located on a 1.7 acre Bluff in Malibu with two guest houses, a tennis court and a swimming pool.

(Simon Berlyn)

The property was previously leased a year ago for $ 100,000 a month. It is the fifth domestic sale of $ 20 million or more in Malibu this year, according to the Illusion Service.

The enlistment agent was Sandro Dazzan of the Agency. The purchaser was represented by Melissa Oliver from Coldwell Banker Residential Brokerage.

James Randall sold its aerospace rivets manufacturing company, Allfast Fastening Systems, five years ago for $ 360 million, according to Purchaser TriMas Corp..

He and his wife have now focused on the efforts of the James & Eleanor Randall Foundation, which benefits Huntington Hospital, Rose Bowl's Heritage Campaign and Chapman University, among other things.

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