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Nets’ Kevin Durant sells Malibu, California beach home for $12 million

Nets' Kevin Durant sells Malibu, California beach home for $12 million

FINANCIAL NEWS

Nets’ Kevin Durant sells Malibu, California beach home for $12 million

Former Golden State Warriors star Kevin Durant announced on Sunday that he was signing with the Brooklyn Nets with a four-year contract worth up to $164.3 million.

And on June 25, Durant sold his $12.15 million Malibu, California beach house, according to Architectural Digest, just months after it was listed in April for $13.49 million (or $70,000 a month to lease). Durant reportedly paid $12.05 million for the house over a year ago.

Take a look inside the three-level beach house via the Instagram slideshows embedded below.

The 3,423-square-foot, four-bedroom and six-bathroom home is located on Broad Beach, according to Los Angeles Times.

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It has “high ceilings” and “French oak floors,” according to Architectural Digest, and it was recently remodeled. There is a kitchen, dining area, library and media room, and there is an elevator that services all three floors of the home, according to Architectural Digest.

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The living space – which has a fireplace, skylight and floor-to-ceiling glass walls – the outdoor deck (with hot tub), and even a glass-walled bathroom shower all have views of the Pacific Ocean.

”#JustSold Victoria Point Rd in beautiful Malibu Not a bad gig driving up the coast to these spectacular views. Sold twice in 14 months, ” The Agency listing agent James Harris, star of Bravo’s “Million Dollar Listing Los Angeles,” posted on June 25.

Disclosure: CNBC parent company NBCUniversal owns Bravo. This story has been updated.

©CNBC is a USA TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.



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