K
anye West's abandoned Malibu mansion, a stunning Tadao Ando-designed masterpiece, has miraculously survived the devastating California wildfires, according to its new owner. The property, purchased by West in 2021 for $57.25 million, was left gutted and exposed after he allegedly attempted to convert it into a futuristic bomb shelter.

    After failing to complete the project, West tried to sell the dilapidated estate for $53 million in January 2024, but it struggled to attract buyers even with the help of celebrity realtor Jason Oppenheim. The price eventually dropped to $39 million before developer Steve "Bo" Belmont of Belwood Investments bought it for just $21 million.

    Belmont reports that the property has remained untouched by the wildfires, which have scorched over 40,000 acres across Los Angeles. He confirmed that renovation crews are safe and on standby, ready to resume work once conditions improve. Belmont plans to partner with architecture firm Marmol Radziner to restore the property to its former glory.

    The Malibu estate was originally commissioned in 2013 by financier Richard Sachs and features a minimalist design with four bedrooms, five bathrooms, and a concrete and steel structure built on sand and anchored by massive caissons. Belmont believes it's a relatively easy project, estimating a 12-14 month completion time and a $6-8 million cost.

    Despite the property's condition, Belmont remains optimistic about its potential for renovation and resale, aiming to deliver a 100% return for his investors.