Alfred Yson for Sotheby's International Realty
The home comes with gated private access to a secluded beach.
- A $115 million mansion has hit the market in Malibu, Katherine Clarke reported for The Wall Street Journal.
- It's the most expensive home currently listed in the tony Los Angeles county beach town, Sotheby's International Realty confirmed to Business Insider.
- The 12-bedroom home comes with floor-to-ceiling glass walls, a private beach, an infinity pool, staff quarters, and an eight-car garage.
- Metro Networks founder David Saperstein is the current owner of the 2.6-acre beachfront property, and neighbors include Leonardo DiCaprio and Courteney Cox.
- At least 45 homes are currently listed for $10 million or more in Malibu, and at least 15 are listed above $25 million.
- Visit Business Insider's homepage for more stories.
A $115 million beachside mansion has hit the market in Malibu, Katherine Clarke reported for The Wall Street Journal.
It's the most expensive current listing in the ritzy Los Angeles county beach town, Sotheby's International Realty confirmed to Business Insider.
Malibu is no stranger to lavish, extravagantly priced mansions. At least 45 homes are currently listed for $10 million or more in Malibu, which is home to celebrities like Leonardo DiCaprio and Courteney Cox. The median listing price is almost $3.3 million, according to Zillow.
In 2018, a Malibu beachfront home sold for $110 million. And in 2019, another sold for $110 million.
The newly-listed home spans 10,646 interior square feet and sits on 2.6 acres, making it one of the largest beachfront homes currently for sale in Malibu, according to Sotheby's. Drew Mandile of The Mandile Knapp Team at Sotheby's International Realty holds the listing.
Take a look inside the sprawling beachfront home.