The Malibu masterpiece that Kanye West destroyed is back on the market for $39M — with a few fixes

The former Malibu beach retreat of Kanye West, now legally known as Ye, is back on the market amid ongoing renovations. Purchased by crowdfunding entrepreneur Bo Belmont of Belwood Investments for under $22 million, the property is undergoing significant restoration after being stripped bare by Ye. Originally bought by the rapper for $57.25 million from art collector Richard Sachs, the home was left windowless and without basic amenities. Now, mid-renovation, Belmont is relisting the architectural gem designed by Tadao Ando for $39 million, hoping to quickly recoup his investors' funds.
The property's history adds layers of complexity, as the teardown coincided with Ye's public controversies and financial setbacks, including lost partnerships with Gap and Adidas. Despite the challenges, the home survived recent wildfires that devastated neighboring areas, potentially increasing its value due to reduced inventory. Belmont's decision to sell now or later hinges on market interest and completion of the renovation, which is projected to increase the home's price to between $55 and $65 million once finished. Tadao Ando's designs, rare and often polarizing, remain highly sought after, adding both interest and value to the listing.
RATING
The article provides a detailed account of Kanye West's former Malibu property, focusing on its financial and architectural aspects. Its strengths lie in its clarity, timeliness, and engagement potential, particularly for readers interested in celebrity real estate and architecture. However, the article could benefit from more balanced perspectives, improved source attribution, and greater transparency regarding its information sources. While the story is largely accurate, some claims require further verification to ensure precision. Overall, it is a well-structured piece that effectively conveys the key points, but its broader public interest and impact are limited.
RATING DETAILS
The story presents several factual claims that are mostly verifiable and appear to be accurate based on available information. For instance, the purchase and sale history of the Malibu property, including Kanye West buying it for $57.25 million and later selling it for under $22 million, aligns with public records and reports. However, the exact sale price at which Belmont acquired the property needs further verification to ensure precision. Additionally, the details about the renovations and the property's current condition are consistent with the reported activities, though confirmation of specific renovation progress would strengthen accuracy. The claim that the home survived recent wildfires is plausible, but verifying the extent of any damage or impact on property value would be beneficial. Overall, the story is largely accurate, but some aspects require further corroboration.
The article provides a balanced view of the situation by discussing both the property's historical significance and the challenges faced by its current owner. It mentions Kanye West's controversial actions and their impact on the property's condition, as well as Belmont's financial motivations for selling. However, the story mainly focuses on the financial aspects and renovation details, with limited exploration of the cultural or architectural significance of Tadao Ando's designs. Including more perspectives on the architectural value and potential market interest could enhance the balance of viewpoints presented.
The article is generally clear and well-structured, making it easy to follow the narrative of the property’s history and current status. It uses straightforward language and provides a logical progression of events from Kanye West's purchase to the current listing by Belmont. The story effectively communicates the key points without overwhelming the reader with excessive details. However, some technical terms related to architecture and real estate might benefit from brief explanations to ensure full comprehension by a general audience.
The story references information from reputable publications like the Wall Street Journal and the New Yorker, which adds credibility to its claims. However, it lacks direct quotes or detailed attributions from these sources, which could improve the reliability of the information presented. The absence of direct statements from involved parties, such as Kanye West or Bo Belmont, limits the depth of the reporting. Including more authoritative voices and firsthand accounts would strengthen the source quality.
The article provides a reasonable level of transparency by outlining the sequence of events and financial transactions related to the property. It discloses Belmont's motivations for selling and the financial pressures he faces. However, the story could benefit from more explicit explanations of the methodology used to gather information and any potential conflicts of interest. For instance, clarifying the sources of financial data and renovation costs would enhance transparency.
Sources
- https://www.finance-monthly.com/2025/03/kanye-wests-malibu-beach-house-re-listed-for-39-million-after-being-gutted-by-the-rapper/
- https://rollingout.com/2025/03/24/kanye-west-malibu-mansion/
- https://smmirror.com/2025/03/kanye-wests-gutted-malibu-mansion-hits-market-again-amid-renovation-drama/
- https://www.realtor.com/news/celebrity-real-estate/kanye-west-gutted-malibu-house-sale-developer/
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