Kanye West’s gutted and abandoned $57M Malibu mansion has survived the California wildfires

Real Estate

Kanye West’s infamous Malibu mansion — a Tadao Ando-designed masterpiece that West left gutted and abandoned — has miraculously survived the devastating California wildfires, according to its new owner.

The news was first reported by Realtor.com.

West purchased the beachfront property, a once-stunning architectural marvel, in 2021 for an eye-popping $57.25 million.

The rapper, 47, quickly stripped the home down to its concrete frame in an alleged attempt to convert it into a futuristic bomb shelter.

The drastic renovation was never completed, leaving the property exposed and sparking backlash from architecture lovers worldwide.

The rapper, 47, originally scooped up the Tadao Ando-designed home in 2021 for a staggering $57.25 million. GC Images

After failing to follow through on the project, West tried to offload the dilapidated estate for $53 million in January 2024.

Even with the help of celebrity realtor Jason Oppenheim, the shell of a home struggled to attract buyers.

The price eventually plummeted to $39 million before developer Steve “Bo” Belmont of Belwood Investments scooped it up for just $21 million — a staggering loss for West.

Belmont now reports the property has survived the massive wildfires that have scorched more than 40,000 acres across Los Angeles.

“I’m relieved to report that, as of now, all of our properties in West Hollywood and Malibu have remained untouched by the wildfires,” Belmont announced in a video posted to Belwood Investments’ Instagram account.

West then stripped the property down to its concrete core, reportedly in an attempt to turn it into a bomb-proof bunker. @CelebCandidly / MEGA

The Palisades Fire, which erupted on Jan. 7, has already destroyed dozens of homes, including an $8.4 million beachfront property owned by Paris Hilton.

Despite widespread destruction, Belmont confirmed that renovation crews on West’s former mansion are “safe and on standby,” ready to resume work once conditions improve.

“We’re committed to ensuring the safety of our team and the integrity of our projects during this challenging time,” Belmont said. “Our hearts go out to all of the victims of the fires, and we stand in solidarity with the affected communities.”

Belmont, who turned to real estate after serving three years in prison for assault with a deadly weapon, made headlines with his bold purchase.

The gutted estate sat vacant, battered by the elements and sparking outrage among architecture enthusiasts. @CelebCandidly / MEGA

The Malibu estate is the most expensive acquisition in his company’s history and is set to be one of its most ambitious restoration projects.

Originally commissioned in 2013 by financier Richard Sachs, the 4,000-square-foot concrete and steel home was designed to withstand the elements. Built on sand and anchored by 12 massive caissons driven 60 feet into bedrock, the minimalist four-bedroom, five-bath residence was crafted for luxury and durability.

Belmont remains undeterred by the mansion’s condition, previously telling Realtor.com, “This is a relatively easy project in comparison to our other projects. Length of time is 12 to 14 months with a cost projection between $6 million and $8 million.”

Belmont, the new owner who purchased the Malibu home from West, posted a video statement thankful that the home has not been affected by the surrounding wildfires that have plagued Los Angeles and Malibu. Instagram / @belwoodinvestments

Calling the structure “built stronger than anything I’ve ever seen,” Belmont plans to partner with the architecture firm Marmol Radziner to restore the property to its former glory.

His goal is a full-scale renovation and a profitable flip with hopes of delivering a 100% return for his investors.

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