Hot Property
Celebrity & Luxury Homes
Larry Ellison could be your Malibu landlord this summer

Billionaire Larry Ellison is among Malibu homeowners looking for summer tenants.

For $65,000 a month, plus a $35,000 security deposit, one can land a remodeled beach cottage complete with prestigious landlord on famed Carbon Beach. The one-story house sits along 70 feet of beach with an expansive deck and head-on ocean views.

Beamed ceilings, hardwood floors and French doors are among details in the light and bright 2,880 square feet of interior space. A separate family room, a kitchen with an island and commercial grade appliances, a den/office, four bedrooms and four bathrooms are among living areas.

But don’t go door knocking or snooping around. The Oracle Corp. co-founder keeps a tight rein on security along this coveted portion of Pacific Coast Highway, where he has bought two dozen houses over more than a decade.

Among other properties for lease in Malibu are two estates priced at $200,000 a month – neither of which is beachfront. Get ‘em while they’re hot.

Beata Mandell of the...

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Home of the Day: Waterfront flair in Newport Beach

Textured finishes and wall treatments keep the eye moving at this ornamented harbor home in Newport Beach. Reclaimed antique wood doors, tile risers and a custom wall aquarium are among the flashy details. A rooftop patio complete with outdoor kitchen, spa and wet bar takes in channel views.

Location: 3806 River Ave, Newport Beach, 92663

Price: $4.799 million

Year built: 2009

House size: 3,600 square feet, three bedrooms, four bathrooms

Lot size: 3,049 square feet

Features: Reclaimed antique doors, wood stairs with tile risers, travertine wall treatments, barrel ceilings, living room with fireplace, chef’s kitchen with breakfast bar, dining room, custom wall aquarium, harbor-view master suite, patio, outdoor fireplace, rooftop deck with spa and wet bar, dock

About the area: The median sale price in the 92663 ZIP Code over the last 90 days was $1.48 million based on 56 sales, according to Redfin. The median list price for that area is $1.135 per square foot.

Agents: Kristin Halton,...

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Cardinals' Patrick Peterson drops $2.69 million on new desert digs

Patrick Peterson, the star defensive back for the Arizona Cardinals, has made an upgrade to his home roster, buying a guard-gated estate in Scottsdale, Ariz., for $2.692 million.

Hedged by tall trees and palms, the Tuscan-inspired contemporary sits on nearly an acre in the Paradise Manor Estates community with a 7,807-square-foot main house, a guest casita, a basketball half-court and a lagoon-style pool and spa.

The single-story floor plan features hardwood and stone flooring, exposed beams, ornate woodwork and recessed ceilings throughout. Grand formal areas, a chef’s kitchen, a library and a wine cellar complete with tasting room are among the amenities.

The master retreat, one of six bedrooms and eight bathrooms, sports an exercise room, a steam room and a private office.

Bridging indoor and outdoor spaces, walls of glass open onto a covered patio with an outdoor kitchen. The detached casita adds a game/media room and another kitchen.

Originally offered for as much as $3.2 million...

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Frank Lloyd Wright-designed Storer home sale sets record

The Frank Lloyd Wright-designed John Storer Residence has sold in Hollywood Hills West.

Closing at $6.8 million, it is the most expensive sale of a Wright house to date, according to transactions tracked by the Frank Lloyd Wright Building Conservancy.

Set on about a quarter acre, the Mayan Revival-inspired house features the architect’s reinforced concrete-block construction. The textile blocks, as they are known, are patterned with geometric shapes including horizontal bands and crosses.

Built in 1923 for Dr. John Storer, a surgeon from Wisconsin, the distinct property later served as an art colony of sorts. Photographer Brett Weston had a studio there while Pauline Schindler, whose husband was architect Rudolph Schindler, was renting the house.

The home has an upstairs living room with a two-story high redwood ceiling, tall narrow windows and columns faces the street. A dining room, a library/study, four bedrooms and three bathrooms are also within the 2,967 square feet of interior...

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Lindsay Davenport offers up home court as summer lease

Tennis champ Lindsay Davenport has put her home in Laguna Beach up for lease at $8,000 a month.

Found within the guard-gated community of Emerald Bay, the home has three bedrooms and two bathrooms in 2,134 square feet of living space. The summer rental is fully furnished, the listing notes.

Outdoors, landscaped grounds include a large expanse of grass and an in-ground spa.

Community amenities include a half-mile private beach, a swimming pool, six championship tennis courts, three volleyball courts and a park.

Davenport purchased the home in 2000 for $1.305 million, records show. She owns other property in the area.

Harold Noriega of HOM Sotheby’s International Realty is the listing agent, according to the Multiple Listing Service.

Davenport, 38, is a former Women’s Tennis Assn. No. 1-ranked singles player. In addition to her six Grand Slam titles, the Palos Verdes native won a gold medal in the women’s singles event at the 1996 Summer Olympics in Atlanta. She currently coaches tennis...

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Malibu showplace/film location listed at $8.95 million

If this dramatic showplace in Malibu just listed at $8.95 million looks familiar, it’s because it has appeared in more than 20 films, television shows and music videos.

Designed by architect Ed Niles, the rock-star worthy Contemporary features walls of curved glass and steel.

Inside are 22-foot-tall ceilings, fossilized limestone floors and floor-to-ceiling windows. The kitchen opens to a patio with an outdoor kitchen. Some 7,000 square feet of living space includes a skylighted living and dining room, a bar, a den, an office, four bedrooms and five bathrooms.

There’s a detached guest house/studio and separate office/gym with a bathroom and sauna near the swimming pool.

The 16-acre promontory has 360-degree views that take in the mountains and ocean. Manicured lawns, mature sycamores, extensive patios and a helipad complete the museum-like grounds.

Some of Hollywood’s finest shoe leather has trod through the halls. Among the films shot at the property are “Face Off” with Nicolas Cage...

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