Chadwick slashes price on his Billionaires’ Beach house to $35 million
Update: When investment banker William J. Chadwick listed his Carbon Beach house at a lofty $65 million two years ago, it made a wave in Malibu real estate circles.
The 10,500-square-foot house, on a rarefied stretch of sand known as Billionaires’ Beach, is back now at a more modest $35 million. That’s more in keeping with at least one comp: the June sale of apparel executive Charles Perez’s 5,800-square-foot house down the row to Microsoft co-founder Paul Allen for $25 million.
Chadwick’s property has 150 feet of beachfront and a 75-foot beachfront pool. The Cape Cod-inspired house has a 16-seat home theater, an aquarium that fills one wall, a pub, a gym, a wine cellar, six bedrooms and nine bathrooms.
Chris Cortazzo of Coldwell Banker, Malibu West, has the listing.
lauren.beale@latimes.com
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