A diplomatic exit from Malibu
Carla Sands, U.S. ambassador to Denmark and former advisor to President Trump, has sold her oceanfront home in Malibu for $13.656 million.
The Mediterranean-vibe residence in the Broad Beach area had been listed since last year for as much as $17.995 million. Sands bought the home with her late husband, Los Angeles real estate mogul Fred Sands, in 2013 for $12.25 million.
The two-story home, built in 2010, features such details as teak pocketing doors, imported limestone and a floating staircase made of Caesarstone and steel. The roughly 7,500 square feet of interior space includes a formal dining room, a vaulted-ceiling living room, a center-island kitchen and a gym.
There are five bedrooms and five bathrooms plus an office. The master suite, which has a Picassoinspired bathtub, opens to an ocean-facing balcony.
Christopher Cortazzo of Coldwell Banker Residential Brokerage and Linda May of Hilton & Hyland were the listing agents. Cortazzo also represented the buyer.
After her husband’s death in 2015, Sands replaced him as CEO of Vintage Capital, which has more than $150 million in assets. The businesswoman and diplomat joined Trump’s economic advisory council in 2016.