The 1,495-square-foot home was built in 1957 in Monte Nido.
Pontuti is a photographer and director at Pontuti Studio and an artist and director at Paint Studio. Previously, he was an artist and president at Studio P Inc.
He received his B.F.A. from Slippery Rock University of Pennsylvania and his M.F.A. in fine art from Syracuse University.
According to BlockShopper.com, there have been 88 home sales in Malibu Coastal Zone CDP during the past 12 months, with a median sales price of $920,000.
Address: 832 Basin Drive
Buyer(s): Antonio Soriano
Seller(s): Mili Fraench and Kevin Pontuti
Sale date: Oct. 29, 2010