Karlie Kloss, Joshua Kushner Buy Iconic Malibu Home For $29.5 Million: Photos

VaselineAugust 26, 2024

0 1 minute read

Karlie Kloss, Joshua Kushner Buy Iconic Malibu Home For .5 Million: Photos

Karlie Kloss and Joshua Kushner are the new owners of an iconic Malibu estate, The Wall Street Journal exclusively reported Monday.

According to anonymous sources familiar with the deal who spoke to the Journal, the supermodel, 32, and the billionaire venture capitalist, 39, purchased Malibu’s Wave House for $29.5 million during for a year, after hitting the market for the first time since 1987.

The estate of Mo Ostin — the late record executive known for signing Jimi Hendrix and The Kinks, who was the home’s most recent owner — listed the property for sale in June 2023 for $49.5 million.

Representatives for the couple and Zen Gesner, the listing’s realtor and son of the Wave House’s visionary architect, did not immediately respond to requests for comment from Business Insider.

The beachfront property, with three peaked wave-shaped roof lines and clad in layered shingles reminiscent of fish scales, is nestled in a secluded cove in western Malibu.

Kloss and Kushner — the brother of Donald Trump’s son-in-law Jared Kushner and the youngest son of real estate mogul Charles Kushner — would be the latest in a line of high-profile homeowners.

Take a look inside their new digs and learn more about the history behind the architectural icon.

Vaseline

Related Articles

Reason no. 1 to claim Social Security benefits at age 62

Versor Investments LP Cuts Its Position in KB Home (NYSE:KBH)

The end of student loan “ramping” means missed payments can hurt borrowers. Here’s how to protect your credit score.

The Week in 90 Seconds: Legacy ILS, Lloyd’s Growth, BP2 Leadership