June 23, 2008

Dodgers owners Frank and Jamie McCourt reportedly purchase Courteney Cox's beachfront mansion in Malibu, Calif.

Frank and Jamie McCourt, who own the Los Angeles Dodgers, reportedly have purchased actress Courteney Cox's mansion on the Pacific Ocean in Malibu, Calif., which has been listed for $33.5 million.

Kudos to theReal Estalkerfor first reporting on Friday on the purchase by the McCourts. TheLos Angeles Times' Ruth Ryonalso provides her take in tomorrow's paper on the McCourts' reported purchase, stating that escrow closed on the house, at 22426 Pacific Coast Highway, last week.

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Built in 1979, the four-bedroom house that Cox and her actor husband David Arquette purchased in 2001 through their Bring It Trust for $10,185,000 from the home's original owners, Gilbert and Joanne Segel is on Malibu's Carbon Beach. The house was designed by celebrated architect John Lautner (1911-1994). The house measures 4,486 square feet, according to public records, but 5,500 square feet, according to the Times' report.

The McCourts also are noted for owning two other properties in Los Angeles' Holmby Hills area--at 10201 Charing Cross Road and at 10231 Charing Cross Road--that they purchased in 2004. The McCourts paid $6.5 million in late 2004 for the 8,385-square-foot house on 1.63 acres at 10201 Charing Cross, according to public records. Several months earlier, they paid many times that--a reported $25 million--to buy the 11,637-square-foot house on 2.58 acres next door, at 10231 Charing Cross from Grammy-winning recording producer-composer-singer Kenneth "Babyface" Edmonds, who had listed the house for $29 million.

As Big Time Listings first reported on Feb. 2, Cox and Arquettebought a two-homecompound last August (but didn't record the sale until Jan. 11) at 27460 and 27466 Pacific Coast Highway. Public records show that the couple paid $9,150,000 for the 2,142-square-foot main house on a 1.22-acre parcel at 27460 Pacific Coast Highway, while they paid exactly $8,000,000 for the 750-square-foot house on a 0.62-acre parcel at 27466 Pacific Coast Highway.

Check out our Feb. 2 item for the full rundown onCox and Arquette's real-estate empire.

While the sale of Cox and Arquette's Carbon Beach house may indeed have cleared escrow last week, it's not yet in the public records databases that we have access to, so we can't ourselves confirm the sale. We also can't confirm the Times' report that the sale was for "close to" the home's $33.5 million asking price. When we do get more information, including a sale price (we're guessing that the house actually sold for less than $30 million), we'll report it here.

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