During four decades of covering luxury and celebrity housing, I’ve looked into people’s homes, lives and property records through many lenses. I was the Los Angeles Times Real Estate section editor for eight years, the Hot Property columnist for six and did stints as a newspaper reporter, copy editor and page designer. My work for The Times Business, Home and Real Estate sections has garnered in-house and national awards for blogging, editing and feature writing. I recently edited a book on house flipping. My debut fiction, “Newcomer: The St. Cross Choir Series, Book 1,” is available at Amazon.com. In my free time, I’m a portrait artist and foster kittens and senior dogs. You can follow me on Twitter @laurenebeale.
. He also owns the property next door, which he bought in 2019 for $100 million, as well as a $125-million Beverly Hills estate he picked up in 2020 from entertainment mogul Jeffrey Katzenberg. Earlier owners of the Malibu property, set on Paradise Cove, include billionaire IAC founderand the late country singer Kenny Rogers. The nearly three-acre clifftop site has a funicular that leads to an oceanfront cabana with a wet bar.
The 62,200-square-foot compound has 33 bedrooms and 38 full bathrooms.Security systems entrepreneur Edward G. Watkins, grandson of punch time clock creator E.G. Watkins, parted with an oceanfront. He made his fortune expanding his grandfather’s company, Simplex Time Recorder Co., and selling it in 2001 to Tyco for $1.2 billion. Watkins purchased the property that same year for $17.7 million and built the more than 28,000-square-foot residence.
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