The Malibu mansion, famously known as "The Newpsie" on the television show "The O.C." and having appeared in "Austin Powers: Goldmember," has been listed for sale at a price of $90 million. This high asking price positions it among the most expensive properties available in the exclusive Malibu real estate market.
The property is situated on a 0.6-acre lot with extensive ocean frontage. It includes a 12,900-square-foot main house and a 1,500-square-foot guesthouse, totaling seven bedrooms and eight bathrooms. It also features a pool, spa, and a private path to the beach, offering luxurious amenities and scenic views.
The current owners, Kathrin and Frank Kidde, purchased the home in 1999 for an undisclosed amount, undertaking significant renovations to enhance its features and modernize its design. The impressive price reflects not only the property's size and amenities but also its prime location and cinematic history.
Despite its iconic status and luxurious offerings, the Malibu real estate market has seen even higher transactions recently. Oakley founder James Jannard's Malibu mansion recently sold for $210 million, setting a new California state record. Other significant sales include a $200 million purchase by Jay-Z and Beyoncé last year, and a $177 million sale to venture capitalist Marc Andreessen in 2021. There was also a notable $94 million purchase by Laurene Powell Jobs in Paradise Cove earlier this month. While a separate Malibu property featured in "The Bachelor" and "The Hangover: Part III" recently sold for $12.995 million after being on and off the market for 14 years, the $90 million asking price for the "O.C." mansion indicates a strong, albeit varied, luxury market in the area.
