Tuesday, September 10, 2013

Cotton T-Shirt King James Perse Snags Another

SELLER: Stefan Lessard
BUYER: James Perse
PRICE: $6,690,000
SIZE: 7,000 square feet, 6 bedrooms, 5.5 bathrooms

YOUR MAMAS NOTES: Your Mama, followed by a number of our property gossip compadres, had to eat celebrity real estate crow in mid-February (2013) when we erroneously reported that money-minting musician Dave Matthews of his eponymous Dave Matthews Band had quietly dropped $6,575,000 for a recently re-did domicile in the celeb-saturated Point Dume area of Malibu, CA, that was described in listing information from the time of the purchase as a "European Country Home."

Within days of our digital discussion we heard from a paid representative of Mister Matthews who was appreciatively friendly but absolutely emphatic that her client did not buy the house in question and does not, in fact, own any property in Malibu or even in California. We added a note that stated such and we moved on.

Then, about a week or so ago, while—'tis true—Your Mama was shacked up in a tent the size of a downtown Manhattan studio apartment in Sister Woman's backyard, we received a covert communique from deliciously relentless real estate yenta Yolanda Yakketyyak who snitched that she's quite certain—totally positive, she said—that the 1.78 acre estate in question was acquired by Mister Matthews' long-time bass player Stefan Lessard and his second wife, Jaclyn Burton. The seller was Maura Kaplan, the designer daughter of late actor Leslie Nielsen.

Mister Lessard, 39, has played bass in the wildly successful Dave Matthews Band since he was a wee lad of sixteen, which means he's plenty rich enough to buy a six and some million dollar house in Malibu. However, Mister and/or Missus was almost immediately stricken with buyer's remorse or caught a severe case of The Celebrity Real Estate Fickle or something because the couple quietly flipped the 7,000 square foot house in an off-market deal in early July (2013) for, according to property records, $6,690,000. The buyer, snitched Yolanda, is luxury cotton t-shirt king James Perse and his wife Brandi Briskman, a Beverly Hills -bred brunette who is sometimes described on the interweb as an interior decorator.

As it turns out, we also learned from Yolanda, the Lessard's unwanted white elephant isn't the only residential property in Malibu owned by Mister and Missus Perse. In fact, it's not even the most expensive house they own in the Point Dume area. In late 2010 the casually chic couple surreptitiously spent $16,000,000 to acquire an organically modern wood and glass pavilion on 1.28 plum acres with ocean views and direct, deeded access to a sensationally scenic private beach. Your Mama's research shows Mister and Missus Perse purchased the beach house from former Surfing magazine editor and X-Files creator Chris Carter and their nearest neighbor is none other that Miz Malibu Herself, Barbra Streisand, who presides over a sprawling, multi-acre, multi-residence bluff-top compound that includes an rustic water mill with a working wooden water wheel. Anyhoo...

Until recently Mister Perse owned a sleek and low-slung one bedroom and 1.5 bathroom abode in a much desired location above the Sunset Street that he had designed by the talented folk at Standard and first listed in 2009 with a sky-high $4,995,000 price tag. After a long slog at the real estate rodeo and a significant price drop to $3,750,000 in 2011, the property finally sold in April of this year (2013) in an off-market deal for $3,550,000. The buyer, as per property records and Yolanda Yakketyyak, was L.A.-based artist, writer and luxury eye wear entrepreneur Alex Israel who, incidentally, just sold his high-floor two bedroom and two bathroom condo-crib along the Wilshire Corridor for $875,000.

listing photos (Malibu, top): Prudential Malibu Realty
listing photos (Malibu, middle): Coldwell Banker
listing photos (Sunset Strip, bottom): Hilton & Hyland


Anonymous said...

Stefan Lessard also owns a 4-bed, 6-bath, 4,739 sq ft home he purchased on May 2, 2008 for $6,350,000 on Rimrock Canyon Rd. in Laguna Beach, California.

lil' gay boy said...

That white elephant is a teardown in my book -- absolutely charm-free and on too much land to allow it to fester...

The house adjacent to Babs' is not too shabby, but the view is directly over a parking area -- not entirely ideal.

Now, as for the Bird Street gem, it's only drawback (as a bachelor pad, given the number of bedrooms) is having to look across the street to that abominable remodel of the once-exquisite Montalban residence.

Anonymous said...

Wow What thorough investigating. I hope the paint on his homes peel off as quickly as his $200 tee shirts fall apart.

Anonymous said...

Love love love the second Malibu house.

Anonymous said...

I love the look and vibe of his stores but always wondered why everything was so expensive, now I know....

Anonymous said...

I don't how this select group of residents can make that beach private. This has been an issue for far too long. Sure there are regulations on where the public is permitted to be within tide lines and dry sand.

Welcome replies from anyone who knows why. Thanks.

Anonymous said...

Only fools purchase his tee shirts that quickly become dust rags. As you can see there is a preponderance of these folks in LA. Party on!

Bungalow Bob said...

"...listing information from the time of purchase [describes this] as a "European Country Home."

European country homes are in...um...EUROPE.