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Hot Property: Ed Ruscha's Point Dume-area house sells for $4 million

Artist

Ed Ruscha

has sold his Point Dume-area home in Malibu for $4 million, the Multiple Listing Service shows.

The acre estate includes a gated, one-story, ranch-style home that had been updated, two guesthouses and a swimming pool with spa. The main house has open plan living and dining rooms, a breakfast area in the kitchen, an office, a family room and three bedrooms. The master suite opens to the pool. Extensive windows and French doors give the house an indoor-outdoor feel. The primary guesthouse contains two bedrooms and a living room with a fireplace. In all, the structures contain five bedrooms and five bathrooms in 4,100 square feet of living space.

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The property came on the market in July at $4,995,000.

Ruscha, 72, is perhaps best known for his word paintings and books of photographs including "Twentysix Gasoline Stations" (1962). His retrospective "Ed Ruscha: Fifty Years of Painting," opened in London in 2009 and traveled to Munich and Stockholm this year.

The listing agents were Christopher Cortazzo of Coldwell Banker, Malibu West, and Barry Sloane of

Sotheby's

International Realty, Beverly Hills, according to the MLS. Cortazzo also represented the buyer.

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