Dr. Dre has sold his Malibu beachfront mansion for almost $17 Million

Dr. Dre sells Malibu Mansion for $16.5 Million

Posted on By

After more than two decades, music mogul Dr. Dre has officially parted ways with his legendary Malibu retreat, selling the beachfront estate in an off-market deal for US$16.5 million. The hip-hop titan originally purchased the Carbon Beach property in 2000 for US$4.8 million, securing a massive return on his long-term investment.

Spanning nearly 9,000 square feet across three levels, the contemporary residence is located in the elite enclave nicknamed “Billionaire’s Beach.” The six-bedroom, seven-bathroom home is designed to maximize its prime Pacific Ocean frontage, featuring floor-to-ceiling stone walls, a wood-burning fireplace, and expansive picture windows that offer panoramic views.

The interior includes a professional-grade kitchen with stainless steel appliances and blonde wood cabinetry, while the upper level is entirely dedicated to a primary suite. This private floor boasts a boutique-style walk-in closet, a sauna, two reading nooks, and a private oceanfront balcony. Reflecting the owner’s career, the home also features an ocean-facing recording studio alongside a private gym and a home office.

While the final sale is a significant milestone, the property’s journey on the market spanned over a decade. Dr. Dre first attempted to sell the coastal home in 2012 with an asking price between US$11 million and US$12.5 million. Most recently, it was relisted in 2022 for US$20 million before the price fluctuated and the deal finally closed privately.

This transaction is the latest move in a broader consolidation of Dr. Dre’s real estate portfolio. In recent years, he has successfully offloaded several other Southern California assets, including a Woodland Hills home for US$4.5 million in 2019 and a Calabasas mansion for US$6 million in 2023.