Dec 21 2007
Malibu Home Sale Tops Forbes 10 Most Expensive Home Sales Of 2007
Courteney Cox-Arquette and husband David Arquette turned quite a profit in the sale of their modern Malibu home. The couple bought the house in 2001 for $10.1 million and sold it in early August to Los Angeles Dodgers owners Frank and Jamie McCourt for $33.5 million. The mansion sits directly on the Pacific Ocean and has four bedrooms over its 4,486 square feet of space. That’s a $23.4 million dollar increase in 6 years!
jamie mccourt frank malibu
Why say in the headline that it “Tops” the Forbes list? It came in at #9. If they had included Johnny Carson’s $38m sale, it would have been #10–not even the top of Malibu’s 2007 list! It’s a great house, and doesn’t need to be puffed up with hyperbole.