Grant Cardone wants $65M for Malibu mansion on Billionaire’s Beach — with Bitcoin accepted

Grant Cardone

Discovery’s “Undercover Billionaire” star Grant Cardone is listing his Malibu home off-market for a grand $65 million, Gimme Shelter has learned.

And more than having the property available via a whisper listing, Cardone says he’d ideally like to be paid for the mansion in Bitcoin. (For those not into crypto, US dollars are also fine.)

The finance guru, social media star and bestselling author bought the oceanfront manse on exclusive Carbon Beach — otherwise known as Billionaire’s Beach — from a Ukrainian oligarch for $40 million in January 2022, shortly before Russia’s invasion of Ukraine.

Grant Cardone. Grant Cardone Enterprises
Grant Cardone. Grant Cardone Enterprises
Grant Cardone wants to sell his Malibu home for $65M — either in US dollars or Bitcoin. Roger Kisby
Grant Cardone wants to sell his Malibu home for $65M — either in US dollars or Bitcoin. Roger Kisby

That then-seller — mining, telecommunications and energy tycoon Vadim Shulman — was once in business with US-sanctioned oligarch Igor Kolomoisky before they had a falling out.

“During the same period, I bought a plane from another oligarch. Nobody knew there would be a war, but these guys were clearly concerned about something,” Cardone said.

Beyond this Malibu spread, Cardone has also put his Miami home up for sale — this one on the open sales market — for $42 million at 605 Ocean Boulevard. He bought that estate from denim legend Tommy Hilfiger for $28 million in 2021, according to reports.

Floor-to-ceiling glass windows showcase the ocean views. Weller Photography
Floor-to-ceiling glass windows showcase the ocean views. Weller Photography
An easy, breezy open layout with ocean vibes. Weller Photography
An easy, breezy open layout with ocean vibes. Weller Photography

The six-bedroom Malibu manse, at 21808 Pacific Coast Highway, is a massive 10,000 square feet and sits on 150 feet of oceanfront. Cardone says he got it for around $10 million less than what the oligarch wanted — after lengthy negotiations. Cardone then renovated the home, adding a “biohacker gym” and a new chef’s kitchen.

“People want ‘new’ today. They want everything finished, with wood floors and lots of windows. Minimal living or the house won’t sell,” Cardone said.

The home’s interiors include new oak hardwood floors and floor-to-ceiling glass doors that open to a 3,800-square-foot oceanfront deck for indoor/outdoor living. The deck, “which can entertain as many people as there are at Nobu, just down the street,” boasts an oversize 75-foot infinity pool, an outdoor kitchen, multiple fire pits and a “bonus” space that could be converted into a sports court.

An oceanfront lot this big is rare on Carbon Beach. Roger Kisby
An oceanfront lot this big is rare on Carbon Beach. Roger Kisby
Grant and his wife, Elena Cardone. Grant Cardone Enterprises
Grant and his wife, Elena Cardone. Grant Cardone Enterprises

Inside, there are six bedrooms, including a primary suite with two fireplaces, an ocean-view terrace and dual walk-in dressing rooms alongside spa-like baths. There’s also a media room, a library with an “aquarium-accent wall,” a wine cellar, a gym and a cold-plunge pool.

“I knew I could make the property very desirable and hard to resist for a super high-net-worth family who wanted to have their own private retreat at one of the most desirable locations in the world,” Cardone said. “The property boasts unobstructed views from Santa Monica Bay all the way up the Pacific Coast, and daily visitors off of the massive deck includes seals, dolphins and whales.”

Cardone added that this property is the last 150-foot lot for sale on the ultra-exclusive beach.

Cardone said he first saw the Malibu home after he had finished shooting “Undercover Billionaire.”

“After spending 90 days in the desert pretending to be someone else with no money, my wife and I and our kids went to Malibu and rented a house. We saw this house while on a walk and started thinking about buying it,” Cardone said.

“Wealthy people are worried about moving money, and there are so many negative headlines about what is happening in California, that money won’t move as easily to some destinations as it once did, and interest rates are a massive problem that prevent people from transacting,” Cardone added. “But wealthy people also don’t want cash. If you have a turnkey house, they will buy it, even if they only go once or twice a year.”

Source: Nypost.com

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