Monday, May 14, 2007

Please Buy Michael Madsen's Malibu House

SELLER: Michael Madsen
LOCATION: 31504 Victoria Point Road, Malibu, CA
PRICE: $9,950,000
SIZE: 3,424 square feet, 5 bedrooms, 4 bathrooms
DESCRIPTION: Private, gated street at Trancas Point, the most romantic section of Broad Beach. The property much close escrow by May 16, 2007. Possibly by May 30, 2007 with a fully executed purchase contract in hand and ALL contingencies removed.

YOUR MAMAS NOTES: Oh Dear. We are not privy to all the ins and outs of this house and it's current ownership by actor Michael Madsen, but it appears something is terribly amiss. Our first clue was of course the listing itself which states the house needs to be sold as quickly as possible and preferably by Wednesday this week.

Property records don't improve things as they show a mortgage that exceeds the original purchase price and also some default on payments. Your Mama only hopes we're reading these records incorrectly and that Madsen is choosing to sell rather than being forced to sell.

The intense actor, who is best known for his role as Mr. Blonde in Quentin Tarantino's cult film Reservoir Dogs, purchased this house in July of 1999 from television superstar and balding actor Ted Danson for $1,995,000. Danson and his wifey Mary Steenburgen moved down the road and into a smallish ocean front house within the exclusive and gated Malibu Colony.

Four things we did not know about Madsen:

1. He's the brother of Academy Award nominated actress Virginia Madsen.

2. He's a published author and poet whose books can be purchased at Amazon.

3. He had an affair with the foul mouthed Hollywood madam Heidi Fleiss.

4. He turned down John Travolta's lead role in Pulp Fiction to work on a film with Kevin Costner.

As for the house, well, it's well located on a gated street according to the listing, the views are spectacular, and the stretch of beach on the north end of Broad Beach is private, which is always a good think in Malee-boo. But it's a bit difficult for us to make any assessments about the house itself from the few photos provided on the mls by the listing agent. We will say that we wish Mr. Madsen had cleaned off the kitchen counters before the photos were taken.

Your Mama sincerely wishes Madsen all the luck in the world in terms of selling this house. We hope he gets a fully executed contract in a couple of days and he can sail out of here unscathed.

We would also like to thank Barney Fife for the tip to this property. Barney has tipped us off more times than we can count and we're always grateful for his inside line.

Sources: Internet Movie Data Base


Anonymous said...

I think it's slightly overpriced ... For that price you can buy a lot closer to town on La Costa or even Malibu Rd ... Not everyone wants to be that far out though Broad beach is beautiful ...

Anonymous said...

Hey, not saying that it is 100% reliable, but if you look for Michael Madsen's Wikipedia page, it says that he lives in a house in Malibu once owned by Keith Moon. If you look on the web even further you can find that Keith Moon did own a $800,000 Malibu home back in 1977. If they are the same then the realtor should toss that in as a sales pitch. That crib has some history on it man. I bet that it can help sell the house sooner. Better that saying that it was Ted Danson's house.

Anonymous said...

Yeah this house has had several celeb tenants. Whoopi Goldberg lived there briefly with Danson, also. And the house is HEINOUS! But it doesn't have to be. It's just treaded like a monkey cage right now. By the way all of my opinions are based on what I saw on MTV Cribs.

Anonymous said...

Yes, I saw this house on Cribs too. It is tinyish. Seemed like an old hippie house. I hope he gets some good money out of it. Everyone knows poets make no money. Stick with acting.

Anonymous said...

way overpriced and yes I saw the house on Cribs its shitty the only thing it has going is you can roll out of bed and hit the beach

Anonymous said...

The house is officially foreclosed, check out the listings It's now $7.8 Million

Anonymous said...

I have a book about Keith Moon that says that he had this house built for himself in 1977. Compared to the pictures I have in my book, the pictures here show that there's been an addition to the top floor, and also some work done to the whole back balcony area in general. Ironically, the one photo shows that there is a drum set in this house, while there never was one when Keith Moon lived there ;-)

Anonymous said...

Isn't half the view obstructed by the jackass neighbor's house?