Yolanda Hadid & David Foster
Former Malibu Pad Sells for Record Money Post-Wildfire
Published
David Foster and Yolanda Hadid‘s former Malibu estate — reduced to a scorched lot in last year’s Palisades Fire — has officially sold for big money … TMZ has learned.
The 3.25-acre ocean view property closed Wednesday for $6.5 million, marking the highest Malibu land sale since the 2025 Palisades wildfire.
Daniel Milstein, who held the listing with Aaron Kirman of Christie’s International Real Estate, tells TMZ … they’re proud to have represented the transaction and set a new record for the highest-priced land sale in Malibu since the fires — despite a challenging market — adding the deal shows the resilience of Malibu and Los Angeles as buyers continue to see the potential in prime real estate.
The property had been listed for just under $12 million, offering a rare opportunity to rebuild on a prime stretch of Malibu real estate.
Before the fire, the estate was a European-style villa the couple purchased in 2007 for $4.5 million. It later became a well-known backdrop on “The Real Housewives of Beverly Hills,” where the Hadid sisters spent part of their teenage years.
The listing included conceptual renderings from Bowery Design Group, envisioning a massive 14,000-square-foot gated compound with 6 bedrooms, 10 bathrooms, 14-foot ceilings, and sweeping 270-degree Pacific Ocean views.
Plans also called for ultra luxury amenities, including a home theater, spa, gym, game room, and nearly 4,000 square feet of outdoor living space featuring three pools, a bocce court, and a full sports court.
The property still carries perks like access to La Costa Beach Club and sits close to Malibu hotspots like Nobu, Soho House, and the Malibu Pier.