The Wave House, designed by architect Harry Gesner, symbolizes California's modernism and faces increasing risks from climate change, significantly its vulnerability to fire and flooding.
Though it sold for $29.5 million after a $20 million price drop, the Wave House's location in a tsunami inundation zone poses serious risks, illustrating buyers' shifting priorities in Malibu.
With its depiction of optimistic coastal living, the Wave House purchased by Karlie Kloss and Joshua Kushner serves not only as a home but as a testament to contemporary design amid environmental risks.
Despite its iconic status and architectural brilliance, the Wave House's future is uncertain, given its precarious location in a flood zone and fire-prone area, reflecting growing challenges in real estate.
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