Dr Dre is Selling his $31 Million Malibu Mansion on ‘Billionaire’s Beach’

By Sam Mangioni - News Published: 4 Nov 2022

Music mogul Dr Dre is moving out of Malibu, listing his oceanfront vacation home for USD$20 million (AU$31 million). According to Dirt, the 57-year-old Compton native acquired the structure in 2000 for about 4.8 million, with property prices in Malibu skyrocketing since that time. Even if the house sells for a significant discount, Dre will pocket some serious profit from his investment – not that he needs the cash.

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Image: Anthony Barcelo

Built-in the early 1990s, the three-story mansion is located on a 7000-square-foot lot on Malibu’s Carbon Beach, nicknamed Billionaires Beach. The home features floor-to-ceiling glass walls to take in the stunning views, a gated courtyard, and a kitchen with deluxe stainless appliances.

The nearly 9,000-square-foot contemporary house includes a primary suite with a fireplace, walk-in wardrobe and adjoining sauna. Among the five other guest bedrooms, there’s also a private balcony, sitting area, recording studio and gym. Walking down the balcony steps onto the beach, you’ll notice its one of the larger Carbon Beach homes that open to the water.

Image: Anthony Barcelo

The lavish crib, which is within walking distance to Nobu Malibu, was last occupied by his ex-wife Nicole Young amid the couple’s highly-publicised divorce. This isn’t the first time Dre has attempted to offload the property, throwing it on the market nearly a decade ago for roughly USD$12 million.

Dre settled his split from Young last December– reportedly paying her a whopping USD$100 million lump sum but keeping all the marital homes – which included the Malibu holiday house, two Calabasas mansions and a USD$40 million Brentwood estate he bought from the also now divorced Tom Brady and Gisele Bundchen. – for himself. According to Forbes, his current net worth sits at USD$400 million.

Sam Mangioni

Sam Mangioni is an experienced content producer and the current Entertainment, Culture & Lifestyle Journalist for Man of Many. With an extensive background in digital content production and news, Sam specialises in delivering timely, accurate and witty assessments of current events. Prior to working for Man of Many, Sam spent three years at Southern Cross Austereo where he served as a Content Producer and News Reporter for the flagship Triple M Breakfast Program. The Sydney-based reporter completed a Bachelor of Commerce from Macquarie University Majoring in Marketing in 2014. Sam's work has also featured in Fight News Australia.

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