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Malibu Cove Colony Home Tops List of LA Luxury Residential Contracts
A Malibu Cove Colony property tops last week’s list of the largest residential contracts signed in Los Angeles County. The four-bed, three-bath home at 26940 Malibu Cove Colony Drive counts the beach as its backyard, with a listing price just under $11 million.
Douglas Elliman’s Ivan Estrada has the listing on the home, which property records show is owned by a trust tied to Renee Kaswan, the late inventor of Restatis dry-eye treatment and a philanthropist. The roughly 3,500-square-foot beachfront contemporary, designed by architect Ron Goldman, has floor-to-ceiling windows, a two-story foyer, Tesla chargers and ocean views.
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