New 'Mr. Big' in Malibu Colony
Briefly

New 'Mr. Big' in Malibu Colony
"The property he bought is on the beach, behind the gates of Malibu Colony. Built in 1928 but recently remodeled, the two-story house has two bedrooms downstairs and one bedroom upstairs in about 1,800 square feet. The master bedroom has a balcony and an ocean view."
"The Malibu home is believed to be Hanks' first California residence, though Hanks and his wife, Rita Wilson, had a baby son last August in a Los Angeles hospital. He leased a house last summer at Carbon Beach and decided then to buy a place in Malibu."
"Separate from the main quarters, there is a housekeeper's room and a two-bedroom guest apartment with a kitchen. John and Evans Frankenheimer sold the home because they bought a Beverly Hills residence with a tennis court about a year ago."
Tom Hanks acquired a beachfront property in Malibu Colony from director John Frankenheimer for close to the $3.25-million asking price. The 1928-built, recently remodeled two-story house spans approximately 1,800 square feet and features two bedrooms downstairs, one upstairs, and a master bedroom with ocean views. Additional amenities include a housekeeper's room and a separate two-bedroom guest apartment with kitchen. This represents Hanks' first California residence, though he and his wife Rita Wilson had previously leased a house at Carbon Beach and welcomed a baby son in Los Angeles. The Frankenheimers sold the property after purchasing a Beverly Hills residence with a tennis court.
Read at Los Angeles Times
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