Hot Property

From movie stars to Myspace, Malibu estate has pedigree and more

A Malibu estate with decades of Hollywood ties and six degrees of separation between the film “Grease” and the social network Myspace is on the market in Malibu at $7.9 million.

Among previous owners of the two-story ranch-style home is actress-singer Olivia Newton-John, who sold the property to television producer Neal Martens and his wife, producer/writer Carol Black, in 1994.

A decade later, Oscar-winning actress Sally Field acquired the property from Marlens and Black for about $4.8 million. She would sell the house to the current owners, former CEO of Myspace Mike Jones and his wife, Jennifer, in 2011 for $5.65 million.

Set among tall oaks on more than three acres, the park-like setting includes a separate guesthouse, a swimming pool, a lighted tennis court, a horse paddock, a greenhouse and a teepee. Nearby trails provide access to more than 2,000 acres of park land.

A great room with a fireplace, a remodeled kitchen, a dining room and a playroom lie within 6,000 square feet of white-walled space. Beamed ceilings, wood floors, built-ins and walls of picture windows retain the home’s classic vibe.

The master suite is complete with an office/library, a fireplace and his and hers baths for a total of five bedrooms and 5.5 bathrooms.

A separate guest suite has its own office.

Madison Hildebrand and Jennifer Chrisman, both with Partners Trust Malibu, hold the listing.

Twitter: @NJLeitereg

Copyright © 2016, Los Angeles Times
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