Real Estate

Malibu Castle Hits the Market for $16 Million

The property, which was destroyed in the 2007 fire, is up for sale for $16 million.

The land that once housed the famous Malibu Castle Kashan is up for sale for $16 million.

The property, owned by philanthropist Lilly Lawrence, was destroyed in a 2007 wildfire.

According to a Malibu real estate blog, the 2.51 acre property is located next to Serra Retreat overlooking the Malibu Civic Center.

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The Malibu Castle Kashan website bills the property as "Malibu's fairytale Castle that sits high on the hill overlooking the Malibu lagoon, heralds one of California's most spectacular ocean views."

Learn more about the property at malibucastlekashan.com.

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