California's Carbon Beach in Malibu is the world's most expensive sandbox. Subdivided by Malibu's founding family, the Rindges, in the 1930s, Carbon now commands upward of $200,000 per foot of beachfront. The draw for Hollywood's power players? It's the city's deepest, driest strip of sand and less than 20 miles from Tinseltown.
"Carbon Beach is home to the people who write the checks in Hollywood," says Stephen Shapiro of Westside Estate Agency. And the beach has public access, so go hang ten -- ten figures.
Carbon Beach, also sometimes called Billionaire's Beach, comprises about 70 lots and stretches slightly less than a mile and a half along Pacific Coast Highway. Here's a rundown of some of its richest residents.
Owner: Joel Silver, film producer
Purchase price: $14.4 million (2003)
The digs: The "Matrix" producer owns a 5,860-square-foot spread built in 1932, with a billiards room, two offices, a gym, a pool with two spas and a tennis court.
Owner: Paul Allen, Microsoft
Purchase price: $25 million (2010)
The digs: The U-shaped white stucco-and-glass contemporary has 5 bedrooms, a screening room, a pool and a deck on 80 feet of beach. Not too long ago, he put a private island on the market in Washington state.
Owner: Jamie McCourt, Los Angeles Dodgers
Purchase price: $27.3 million (2007)
The digs: A John Lautner-designed home now owned by the ex-wife of ex-Dodgers owner Frank McCourt; purchased from actress Courteney Cox.
Owner: Larry Ellison, Oracle
Purchase price: $37 million (2012; see the house on Yahoo! Homes)
The digs: This steel-and-glass manse boasts circular windows, 9 beds, 13 baths and 3-story entry rotunda; one of more than a dozen properties he owns here. Ellison also bought Hawaii's sixth-largest island last year, reportedly for about half a billion dollars.
Owner: Arnon Milchan, New Regency films
Purchase price: $7.3 million (1998)
The digs: A 9,655-square-foot castle with 6 bedrooms and 90-foot pool built atop a 99-foot lot. The "Pretty Woman" producer also installed a screening room.
Owner: Haim Saban, Saban Capital Group
Purchase price: $8.1 million; 2 lots (1999)
The digs: Power Rangers mogul migrated from nearby Malibu Colony and built this stucco-and-stone mansion, with 9 beds and 12 baths, on 121 feet of beach.
Owner: Jeffrey Katzenberg, DreamWorks
Purchase price: $3.3 million est. (1998)
The digs: An 8,800-square-foot Gwathmey Siegel-designed spread with a courtyard, guest house and swimming pool built on 150 feet of shoreline. Katzenberg recently listed a ski mansion in Utah for $20.5 million.
Owner: Peter Morton, Hard Rock Cafe
Purchase price: $3.4 million; 1 lot (1998)
The digs: The restaurateur built a Richard Meier-designed estate of teakwood that spans 7,000-plus square feet on 2 lots; sold a third lot to David Geffen in 2008.
Owner: Meir Teper, Nobu
Purchase price: $2 million (1994)
The digs: A 2-bed, 5-bath abode. One of the producer-turned-restaurateur's swanky sushi spots sits down the beach on land owned by neighbor Ellison.
Owner: Gerald Schwartz, Onex Corp.
Purchase price: $19 million; 1 lot (2008)
The digs: The private equity chief knocked down three adjacent houses to create an 8,156-square-foot complex with multiple buildings, covered decks and spa.
Owner: David Geffen, Geffen Records, DreamWorks
Purchase price: $6 million est.; 4 lots over 16 years
The digs: A huge spread with a 9-car garage and pondlike pool on 285 feet of beach that Geffen built on top of four teardowns.
Owner: Eli Broad, SunAmerica
Purchase price: $5.1 million; 2 lots (1999)
The digs: A gleaming glass-and-white-aluminum abode that Richard Meier designed, complete with a grassy courtyard.
- Real Estate