Property Profit

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Wednesday, 13 February 2013

Musician Dave Matthews Buys in the Bu...Or Did He?

Posted on 13:08 by Unknown
BUYER: Unknown
LOCATION: Malibu, CA
PRICE: $6,575,000
SIZE: 7,000 square feet, 6 bedrooms, 5.5 bathrooms

UPDATE (02-15-13): Your Mama heard word from a representative of Dave Matthews who would kindly like to make it clear that Mister Matthews did not buy this house and does not currently own a home in California. There you go, children. Straight from the mouth of the horse's paid representative. Disregard all below that specifically relates to Mister Matthews buying the discussed property.

YOUR MAMAS NOTES: Truth be told, Your Mama wouldn't know a Dave Matthews ditty if it walked up and whacked us across our damn kneecaps. We may be, however, in the minority in that regard. For the decade starting in 2000 Mister Matthews and his band—that would be the eponymous Dave Matthews Band—were the overall top grossing concert act in North American and raked in more than $529 million in gross receipts and ticket sales. That's right, butter beans, more than half a billion bucks spent buy music consumers and concert goers over ten years to watch and listen to this. And this.

Anyhoo, given the way Mister Matthews mints music industry money it should come as no surprise to the children that he maintains an impressive property portfolio that bulges with a modest bungalow in Seattle's Wallingford 'hood as well as extensive holdings in scenic Charlottesville, VA that include a winery (Blenheim Vineyards) and Haunted Hollow, a private state-of-the-art recording studio set on 140 remote acres.

Mister Matthews also owns more than 1,000 rural farmland acres near Scottsville, VA and, according to our ever-knowledgeable informant Yolanda Yakketyak, in late December (2012) the South African-born acoustic guitar playing tycoon shelled out $6,575,000 for a low key but luxurious gated estate on Malibu's celeb-studded Point Dume.

Mister Matthews purchased the property, according to records we peeped, from Maura Kaplan—a real estate investor and the daughter of two time Emmy nominated comedic actor Leslie Nielsen—who picked up the property in April 2007 for $4,125,000.

Listing details originally provided to Your Mama by Miss Yakketyak shows the gated estate spans 1.78 mostly flat and usable acres with a recently renovated six bedroom and 5.5 bathroom "European Country" style residence that frames two sides of a massive crushed granite (or maybe gravel) motor court and measures in at about 7,000 square feet.

The interior spaces include a center entry hall, a large step-down formal living room with fireplace and a bank of French doors with direct backyard access, a sun-flooded adjoining den with polished concrete floors and a formal dining room that comfortably seats eight or more. Pale wood floors—we think they could be white oak—and Rustic wood beams criss-cross the ceiling in the spacious and expensively equipped kitchen that's spill out to a breakfast area and family room.

The ceilings pitch and slant in many of the upstairs bedrooms including the master suite that includes a country-chic attached bathroom with wide plank wood floors, a soaking tub for two and a room subway tile lined shower enclosure.

The back of the house opens up through numerous French doors to a multi-level terrace that's partially shaded by a pergola and overlooks an expanse of lawn. Beyond the grass patch there's a nascent apple orchard and, set at a slight angle to the house, an exceptionally long rectangular swimming pool and spa with contemporary concrete coping and sunbathing patio.

Listing information indicates there's a two car attached garage and that the property is large enough to accommodate a tennis court and/or a couple of horses. Marketing materials from the time of the sale also stated that permits were already in place to add a separate (approx.) 900 square foot guest house.

Although not situated on the beach, listing information does show that the property includes deeded Riviera III beach rights to access Little Dume Beach, an essentially private sliver of sand over looked by swank estates owned by saxophonist Kenny G and movie star Julia Roberts and where late last year a dead and decomposing 40,000 pound whale washed ashore.

listing photos: Prudential Malibu Realty
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