Producer, media company CEO selling $10.5M 2BD in Malibu

Medium d656ba05b882e2da5dbe10f37ba39d0c Ryan Kavanaugh has listed for sale the two-bedroom, three-bath home at 21316 Pacific Coast Highway in Malibu for $10.5 million.

The 2,791-square-foot Rancho Topanga house was built in 1955 in Las Flores. Leslie Kavanaugh of Sotheby's International Realty is the listing agent for the home. Kavanaugh paid $7 million for the property in Oct. 2009.

Kavanaugh is an American firm producer and entrepreneur. He is the founder and chief executive officer of Relativity Media, an American independent motion picture production and investment company.

He attended the University of California at its Santa Barbara and Los Angeles campuses.

According to BlockShopper.com, there have been 169 home sales in Malibu during the past 12 months, with a median sales price of $1.53 million.

Address: 21316 Pacific Coast Highway
Buyer(s): R Kavanaugh (Trust) and Ryan Kavanaugh (Trustee)
Seller(s): Erika Girardi and Thomas V Girardi
Sale date: Oct. 9, 2009

BlockShopper