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Simon Cowell buys an ocean-view compound in Malibu for $24 million

Simon Cowell buys an ocean-view compound in Malibu for $24 million
Music competition judge Simon Cowell has paid $24 million for a gated compound on about two acres in Malibu. (Unlimited Style Real Estate Photography | Inset: Chris Pizzello / AP)

Music competition judge Simon Cowell has purchased a gated estate in Malibu for $24 million, The Times has confirmed. The seller was a corporate entity with ties to Brian Greenspun, the publisher and president of the Las Vegas Sun newspaper.

Reached by a gated and tree-lined drive, the bluff-top compound is set on nearly two acres with expansive lawns, gardens, a lighted tennis court and a swimming pool.

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The main house, built in contemporary style in 1988, has six bedrooms, seven bathrooms and more than 8,600 square feet of living space. Interior details include Beaumaniere and dark wood floors, Venetian plaster walls and high ceilings with large skylights. There are five fireplaces, including two in the master suite.

A multitude of outdoor entertainment areas create additional living space. Formal landscaping, a koi pond and ocean views add to the resort-like vibe of the one-story house.

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The property originally came to market two years ago for $29.95 million, and was more recently listed for $26.995 million, records show.

Steven Schaefer and Jay Luchs of Newmark Residential were the listing agents of record. Mark John Williams of Keller Williams Realty Porter Ranch and Dustin Nicholas of Nicholas Property Group represented Cowell.

Williams represented Cowell six years ago when he bought the Beverly Hills home of former AEG Live chief Randy Phillips for $15.5 million, according to sources not authorized to publicly comment on the deal. The Hal Levitt-designed spread in the Trousdale area is being quietly shopped off-market in the $30-million range, sources said.

Cowell, 58, is known to television audiences for his role as a judge on competition shows including "American Idol," "The X-Factor" and "America's Got Talent." He is the founder and chief of Syco, the British entertainment company responsible for "The X-Factor" and "Got Talent" franchises.

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Twitter: @LATHotProperty

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