William J. Chadwick, a managing director of the real estate investment banking and capital management firm Chadwick Saylor & Co., has listed his 10,500-square-foot home in Malibu at $65 million (a city record), the Los Angeles Times reported Wednesday.
Chadwick purchased the land on which the house was built from Pepperdine University in April 2002 for exactly $2,000,000 only, according to public records.
The estate includes 150 feet of beach front, a 75-foot pool and spa, state-of-the-art home theater, a wine cellar, six bedrooms and nine bathrooms, a pub, a gymnasium a paneled office, a spa, and a home theater that seats 16, according to listing information and the Times. Other features include a wine cellar and a full wall-size aquarium, the Times reported




by
admin in
Automobile on 16th July 2008 |
No Comments »
It is official now : Bugatti is working on a Targa semi-convertible version of its EB16.4 Veyron super-coupe.
This targa version of the Bugatti supercar will make its public debut at the 2008 Concours d’Elegance at Pebble Beach, California, which kicks off on August 17.
The topless Bug will get a removable hardtop, but Since the Veyron’s packaging is so tight, the roof panel cannot be stored on board meaning the cover will have to be taken off at home.

by
admin in
Automobile on 13th May 2008 |
2 Comments »

Considered the most valuable concept car of the late 1950s, the revolutionary Diablo concept car will be the star attraction of RM Auctions’ multi-million dollar Sports & Classics of Monterey event, to be held August 15th and 16th in downtown Monterey, California.
Conceived by Chrysler’s design head, Virgil Exner, arguably America’s most influential stylist, this rare example was built by Italian coachbuilder Ghia for the Chrysler Corp. on a 1955 Chrysler 300 series chassis.
A featured concept car for the 1957 US auto show circuit, the car is one of the largest and most impressive concept cars ever built, stretching an impressive 22 feet in length.

While not wanting to subject anyone to Malibu’s audacious real estate market, the back story on this 10-bedroom home, listed at $23.75 million, is too good to pass up. A wealthy builder/developer built this 10-room, 11-bath home in 1992 for the love of his life. She moved in, but didn’t like being so far from the city. So the couple moved out after a weekend. Yes, the couple spent all of a weekend living here.
Since the couple moved out of this 5.33-acre estate, dubbed Villa Versaille, the home has been rented out for parties, and movie, television, and music video shoots, according to the listing agent. Additionally, the owners have hosted parties at this estate. Also, it was rented out as a rehab center/wellness center at one point. While the listing notes the pools, the gardens, the horse stables, and the caretakers’ residence, it’s also worth pointing out this detail: “Today’s building restrictions & a recently passed Malibu Municipal Ordinance will not allow an estate of this caliber to be built again. Today, the maximum the city will allow is 11,172 sq ft for the main house (on a five+ acre lot minimum). This property was built prior to the ordinance & is therefore “grandfathered” in to the city ordinance.” No, these things don’t get built anymore.