This Frank Gehry-designed residence, that’s sitting right on the shores of the Atlantic Ocean, on a very exclusive stretch of land in Malibu Beach can be yours for only $33.9 million. When we say only, it’s not sarcasm, considering the estate on more than an acre with 160 feet of Broad Beach frontage was the most expensive Malibu listing three years ago, when its price was $57.5 million
The 11,413-square-foot two-story home was custom built in 1989 for Burton Borman, who died in 2012 at 85. He was the former chief executive of insurance company PennCorp Financial. The house has six bedrooms and 10 bathrooms. The interiors are akin to a work of art. Varying rooflines add visual drama to the home’s exterior. A steppingstone path through lawn leads to the sand. Since Borman loved tennis, his court was featured prominently in the site design. Outdoor amenities include a lap pool and a spa.