$30 Million Dollar Price Reduction and 9.5 Million Listing in Palisades

Investment banker William Chadwick has listed his 10,500-square-foot Carbon Beach home in Malibu at $35 million. Two years ago, it had a price tag of $65 million, which was unrealistic but it is now priced to sell. Yes, despite the $35 million price tag, it is well priced compared to comparables in the area.
The property has 150 feet of beachfront and a 75-foot oceanfront swimming pool. There is a 16-seat home theater, an aquarium that takes up one full wall, a wine cellar, a home gym and a pub.

Ursitti Lists for 9.5 Million in Palisades

Chris Ursitti, the chief executive of GreenHouse Holdings, has come on the market at $9.5 million.
The home is a gated estate with unobstructed canyon views. The traditional-style home has an open floor plan, formal living and dining rooms, a kitchen with attached great room, a wine-tasting room and a media room. There is a pool, spa, waterfall and terraces for dining. The property is next to hiking trails at Will Rogers State Park.
Sources: MLS and Los Angeles Business Journal


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