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Times of India·4 min read·medium

Inside Flea’s $8M Malibu home with sauna, koi pond and guesthouse

T
TOI REAL ESTATE DESK
Inside Flea’s $8M Malibu home with sauna, koi pond and guesthouse
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Red Hot Chili Peppers bassist Flea has relisted his Malibu estate for just under $8 million after failing to find a buyer at a higher price point. The property features luxury amenities including a sauna, koi pond, and private access to local trails.

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Offers a glimpse into the high-end real estate market and the investment habits of celebrity homeowners.

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Bassist Flea, aka Michael Balzary, the founding member of the Red Hot Chili Peppers, has become a serial real estate player, and he has listed his ‘extraordinary’ Malibu estate back on the market for a whopping $7.99 million.Flea, 63, bought the estate in the 24/7 guarded gates of Malibu Colony, one of California’s most exclusive beachfront enclaves, in 2020, just a few months after he unloaded another Malibu home. Back then, Flea bought this estate for $7.55 million. Three years later, the four-bedroom property is back on the market for just under $8 million, according to Realtor.com. That’s not a huge gain over three years, which might explain why he first tried renting it out instead: $75,000 a month, if anyone was curious.Flea first listed the Malibu estate in March this year for $8.5 million with Sandro Dazzan of The Agency.

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