The home, on a 29-acre estate, has seven bedrooms and nine bathrooms
BY V.L. HENDRICKSON
| ORIGINALLY PUBLISHED ON DECEMBER 5, 2019 | MANSION GLOBAL
The house stands on 29 acres.
LANDVEST MARTHA’S VINEYARD
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Martha’s Vineyard has apparently upped its presidential pedigree.
Former President Barack Obama and Michelle Obama have purchased a seven-bedroom, nine-bathroom home in Edgartown, Massachusetts, according to reports. The price for the 29-acre estate was $11.75 million, public records show.
The property was purchased by a trust represented by attorney Ronald Rappaport, a partner at Reynolds, Rappaport, Kaplan and Hackney, according to records made available Wednesday. The trust is reportedly tied to the Obamas, but Mansion Global could not confirm the connection. Mr. Rappaport did not return requests for comment.
Gerret Conover and Thomas LeClair, partners at LandVest Martha’s Vineyard, were the listing and selling brokers for the property. Mr. Conover confirmed the sale via email, and that the property was previously owned by Wyc Grousbeck, owner of the Boston Celtics.
The sale price was more than $3 million less than the asking price for the almost 7,000-square-foot home on the Edgartown Great Pond, according to records. It was most recently listed for $14.85 million, but has seen several price cuts since it was first listed in February 2015 for $22.5 million.
Mr. Conover and Mr. LeClair took over from another agency later in May 2017, relisting the property for $19.25 million, records show. It was cut to $16.25 million in May 2018 and then again in July 2019 to $14.85 million. Both agents declined to comment further on any other details of the sale.
Mr. Grousbeck bought the estate in 1998 for $3.15 million, according to property records. He did not return requests for comment.
Rumors about the Obamas buying the Edgartown home have been swirling since the summer, when the family rented the residence, The Wall Street Journal reported at the time. Representatives for the family declined to comment.
The Obamas have summered on the Vineyard for years, and they aren’t the only politicians who are fond of the coastal New England area. The Clinton family has spent time there, and former Secretary of State and Massachusetts Senator John Kerry bought a home there in 2017. Red Gate Farm, the former estate of Jacqueline Kennedy Onassis, is currently on the market there for $65 million, according to LandVest.
The home was designed by Brandenburger Taylor Lombardo Architects from San Francisco, with multiple areas for entertaining, both indoors and out. The living room has vaulted ceilings, exposed steel beams and a stone fireplace, the listing said. There are two guest wings, and the master suite boasts a fireplace, a private sun deck and water views. There’s a chef’s kitchen with ample built-in storage and a formal circular dining room overlooks the grounds and pond.
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Outside, there’s both an outdoor fireplace and screened porch with a fireplace, according to the listing. There’s also a pool and a Jacuzzi off the second-floor balcony that has expansive views of the water. The property offers direct access to the pond, and includes a boat house and a private beach front with deeded rights, as per the listing.
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A Malibu Home Where Steve McQueen Escaped the Spotlight Lists for $16.995 Million
A Malibu Home Where Steve McQueen Escaped the Spotlight Lists for $16.995 Million
BY KATHERINE CLARKE
| ORIGINALLY PUBLISHED ON NOVEMBER 7, 2022 | THE WALL STREET JOURNAL
A Malibu home once owned by the late actor Steve McQueen is coming on the market for $16.995 million.
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A Malibu, Calif., home once owned by the late actor Steve McQueen is coming on the market for $16.995 million.
The seller is songwriter Ammar Malik and his wife, Chyna Bardarson, records show. Mr. Malik has co-written several major hits, including Maroon 5’s “Moves like Jagger” and “Stereo Hearts” by the band Gym Class Heroes. He and Ms. Bardarson paid $8.35 million for the property in September 2020, records show.
The four-bedroom, roughly 4,300-square-foot home is located on a bluff in Victoria Point, a gated community that is popular with celebrities, according to listing agent Elizabeth Donovan of Coldwell Banker Realty. It has views from Broad Beach to Point Dume, Ms. Donovan said.
Mr. McQueen and his second wife, actress Ali MacGraw, moved to the property in the 1970s, following the critical failure of his 1971 movie “Le Mans,” according to a 2012 biography of Mr. McQueen by Marc Eliot. The area, known as Trancas, was a popular surfing spot and, at the time, had just “two gas stations, one supermarket, and a honky-tonk bar,” according to the biography.
“Trancas provided just the kind of out-of-the-way privacy that Steve wanted,” Mr. Eliot wrote. “They could walk, unrecognized and undisturbed, along the beach together every afternoon. Steve liked to call it living in domestic bliss.”
Mr. McQueen used his Trancas home as an escape from making movies and the Hollywood hamster wheel, Mr. Eliot wrote. He canceled all mail deliveries and threw the home’s mailbox into the Pacific, according to the book. Ms. MacGraw decorated the property with homegrown flowers and candles and listened to classical music on a small sound system in her part of the house, while Mr. McQueen watched television in his.
The couple split in the late 1970s and Mr. McQueen died in 1980. Mr. McQueen’s son, Chad McQueen, sold the house for $7.2 million in July 2020, records show. Neither Chad McQueen nor Ms. MacGraw could be reached for comment.
In a statement, Mr. Malik said he and his wife purchased the property as an investment, with the intention to flip it. He said they spent “well into the seven figures” remodeling the house, including upgrading the plumbing and electrical systems.
The house has multiple decks. On the second level, the primary suite includes an accent wood-paneled wall, a fireplace and spalike bathroom with a soaking tub, according to the listing. In addition to a three-car garage and two outdoor shower heads, the property has a surfboard storage room and a private staircase to the beach.
Mr. McQueen was one of the world’s highest paid movie stars in his era, winning an Academy Award for “The Sand Pebbles.” Nicknamed “The King of Cool,” he also starred in films like “The Great Escape,” “The Magnificent Seven” and “The Towering Inferno.”
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A Malibu Home Where Steve McQueen Escaped the Spotlight Lists for $16.995 Million
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