Keenen Ivory Wayans is ready to give up the dream in Malibu. The actor and filmmaker has listed a seven-acre lot where he once planned to build for sale at $9.995 million.
The three-parcel property sits on the land side of Pacific Coast Highway and overlooks the heart of Broad Beach. The acreage is mostly flat, park-like and takes in panoramic ocean views, according to listing agents Rick Hilton and Rodrigo Iglesias of Hilton & Hyland.
"It's elevated enough to see the entire beach and ocean," Iglesias said. "The coastline views are spectacular."
Wayans had intended to build a family compound with an 11,000-square-foot main house, a 5,600-square-foot guest house and equestrian facilities, but decided not to go forward with the project, according to Iglesias.
"The plans give an idea of what can be built on the property," Iglesias said. "The soil reports are done and it's ready to build on."
Wayans, 59, is one of 10 siblings and has five children. He gained fame in the late 1980s as the writer, director and star of the parody-comedy film "I'm Gonna Git You Sucka." In the '90s, he created and hosted the sketch comedy series "In Living Color," which regularly featured other members of the Wayans acting family as well as comedians Jim Carrey, David Alan Grier and Jamie Foxx.
More recently Wayans served as a judge on the comedy competition series "Last Comic Standing."
He acquired the parcels more than a decade ago in separate transactions.
MORE FROM HOT PROPERTY: