C
alifornia-based Belwood Investments is reportedly set to purchase Kanye West's Malibu home, according to a recent press release. The sale price is expected to be around $21 million, which is significantly lower than the $57.25 million West paid for the property in 2021. The home was designed by renowned architect Tadao Ando and is known for its unique use of concrete as a primary building material. Despite its architectural significance, West left the residence gutted and exposed to the elements, which led to a drastic price cut. Belwood plans to invest $5 million in renovations to restore the property to its original state, honoring Ando's innovative design elements. The transaction has not yet closed, and the home's future remains uncertain.
realestate
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