Chris Martin Sells One Point Dume Estate, Quickly Buys Another

Seller Chris Martin

Buyer Florence Azria

Location Point Dume, Malibu, Calif.

Price $14.4 million

Year 2008

Interior Saffron Case Homes

Specs 5,338 square feet, 5 bedrooms, 5.5 bathrooms plus guesthouse

Lot Size 1.03 acres

Late last year, Chris Martin shelled out $12.5 million for a lavish estate on Malibu’s Point Dume, arguably the West Coast neighborhood equivalent of the Hamptons. Once owned by controversial Hollywood producer Ryan Kavanaugh, the one-acre property includes a 5,300-square-foot, Nantucket-inspired mansion and a detached guesthouse, both of them protected by big gates and top-notch security systems. Martin reportedly shared the property with his partner, actress Dakota Johnson.

But times change. Records reveal Martin has now sold that landlocked house. And the English musician reaped the fruits of a red-hot real estate market — his off-market deal closed at $14.4 million, a hefty $1.9 million more than Martin paid for the place just 14 months ago. The spendy buyer is Florence Azria, wife of fashion mogul Serge Azria. (In October, the Azrias sold their custom-built Malibu estate in the nearby Paradise Cove community for $177 million, the most ever paid for a California home.)

Though he still owns three other Point Dume-area properties — a John Lautner=designed home, a smaller cottage and the Malibu Playhouse estate — Martin has taken that $14.4 million and quickly dumped $14 million of it on yet another Point Dume house, this one only a few short blocks away from the place he just sold. Like the just-sold property, the newly-acquired Martin estate is also landlocked and was not publicly available for sale.

Despite being roughly the same price, the new house is significantly smaller than Martin’s old place, weighing in at roughly 3,500 square feet. But the lot is also substantially more private and larger, spanning nearly a full 1.5 acres. Last sold for $7.4 million in 2017 to real estate developer Steve Zimmerman, the place also transferred with a coveted “beach key” that provides easy access to Malibu’s stupendously scenic Little Dume Beach. (While it’s technically public, most of the access points for reaching this particular beach are guarded by locked gates, making it ideal for celebrity sunbathers.)

Take a look at Martin and Johnson’s former lovenest, the place he just sold.

Remodeled by prominent Malibu designer Saffron Case Homes just prior to Martin’s purchase, the shingle-sided house includes a two-story living/dining room combo with ample firewood storage and distant ocean views.

flooded with natural light. Warm-toned hardwood floors add an extra dollop of hominess to the place.

The kitchen flaunts top-of-the-line stainless appliances, a pantry done up in a trendy shade of navy blue paint, and a large island topped by sturdy quartz.

There’s also a movie theater/screening room with painted shiplap on the walls and ceiling.

Upstairs, the primary suite includes a private terrace and a sumptuous bathroom slathered in marble.

Christopher Anthony John Martin[1][2] (born 2 March 1977)[3] is an English singer, songwriter, and multi-instrumentalist. He is the lead vocalist, keyboardist, occasional rhythm guitarist, and co-founder of the rock band Coldplay, with whom he has won several awards, including seven Grammys and nine Brits.

Coldplay are a British rock band formed in London in 1996. They consist of vocalist and pianist Chris Martin, guitarist Jonny Buckland, bassist Guy Berryman, drummer Will Champion and creative director Phil Harvey.[3] They met at University College London and began playing music together from 1996 to 1998, first calling themselves Pectoralz and then Starfish.

With 100 million albums sold worldwide, Coldplay are the most successful band of the 21st century and one of the best-selling music acts of all time.[b] According to Fuse, they are also the sixth-most awarded group in history. Other notable achievements include the fifth-highest-grossing tour of all time, three of the 50 highest-selling albums ever in the United Kingdom, the most number-one records in the country without ever missing the top,[7] most nominations and wins for a band in Brit Awards history, and becoming the first British group to debut at number-one on the Billboard Hot 100. Coldplay are considered one of the most influential bands of the 21st century as well, with Forbes describing them as the standard for the current alternative scene.

Ref: Chris Martin Sells One Point Dume Estate, Quickly Buys Another (dirt)