April 17, 2026 - 09:36

The Malibu property that once held the childhood home of supermodels Gigi and Bella Hadid has been sold for $6.5 million. The sale comes years after the original mansion, built during their mother Yolanda Hadid's marriage to music producer David Foster, was destroyed by one of the region's devastating wildfires.
The 1.3-acre parcel, offering sweeping canyon and ocean vistas, now presents a blank slate for a new owner. The land sale underscores the enduring premium on Malibu real estate, even for properties requiring complete rebuilding from the ground up. The lot is described as a prime opportunity to create a custom estate in one of California's most exclusive coastal enclaves.
The Hadid sisters spent formative years at the original Mediterranean-style villa before their mother's divorce from Foster. The property's history, combined with its desirable location, fueled significant interest in the lot. The transaction highlights a continued trend in the area, where buyers are investing heavily in land with tragic histories, betting on Malibu's timeless appeal and the potential for a fresh start.
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Upscale Las Vegas Apartment Complex Acquired in Major Nine-Figure DealA premier apartment community in the heart of Las Vegas has changed hands in a transaction exceeding one hundred million dollars. The sale underscores the continued strength and investor confidence...