Real Estate
UCLA Lists Malibu Home for $12 Million
The home was bequeathed to the university by Philip and Genevieve May, renowned UCLA Neuropsychiatric Institute schizophrenia experts.
UCLA is selling the former Malibu home of Philip and Genevieve May, renowned UCLA Neuropsychiatric Institute schizophrenia experts for $12 million.
The home, known as Mays' Landing, is located at 28820 Cliffside Drive in Malibu, according to Westside Estate Agency, which is handling the listing.
Mays' Landing was partially donated to UCLA after Philip May’s death in 1986, but Genevieve May continued to live in the home until her death in 2004. More recently, it has been used for campus retreats and study sessions.
“This is one of the top five bluff-top locations in Malibu, right above Little Dume and with incredible views of the surf, beach and city lights,” said listing agent Mark S. Gruskin of Westside Estate Agency.
Buyers must submit sealed bids by 5 p.m. on May 21. The minimum bid is $11,595,000.
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The 1.27 acre home boasts 4.5 bathrooms, a conference room, study and three bedrooms.
Open houses are scheduled for April 7 and May 12 from 1-5 p.m. Other showings are by appointment only. To learn more about the property and bidding process, contact Gruskin at (310) 317-8202 and visit http://www.weahomes.com.
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