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josh groban

The Malibu real estate market has always been relatively strong, but back in 2010, even the swaying palms and beachside properties were a hard sell. Singer Josh Groban first listed his private retreat in Malibu for sale in April 2010 for $6.1 million but didn’t nab any offers. He reduced the price to $5.95 million in July, and then took the home off the market for a bit. In 2011, the home reappeared with another price cut, but no buyers bit.

Now it’s 2013, and Malibu median home values are at $2.028 million and rising. So Groban is trying to sell his Tuscan-style villa again, with a lower ask of $5.475 million.

The picturesque home was featured in In Style Magazine in 2008, with the Grammy Award-winning crooner proclaiming that the place was like an “instant vacation.

The vacation is over, but the 6,138-square-foot home still holds its charms, including nearly 2 acres of hilly, lush property. Double-gated and private, the main house has 4 bedrooms and 4.5 bathrooms. A separate guesthouse has an additional bedroom. Typical of the area, the indoor and outdoor living spaces are optimized for Malibu’s dream weather, with a pool and spa, plenty of patios and large windows.

Groban also owns a condo in Beverly Hills.

Using Zillow’s mortgage calculator, a monthly payment on Groban’s Malibu retreat would be $21,332, based on a 20 percent down payment on a 30-year fixed mortgage.

The listing is held by Chris Cortazzo of Coldwell Banker Residential Brokerage – Malibu West.

Related:

Erika Riggs, a real estate writer for Zillow Blog, covers celebrity real estate, unusual properties and home design trends. Read more of her work here.

About the Author

Erika Riggs, the Zillow Digs manager, covers home design and trends.

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