Kanye West's abandoned Malibu home, gutted and sold at a $36 million loss, survived California wildfires, showcasing the enduring value of high design despite neglect.
Despite its poor condition and West's failed efforts to sell it, the property was purchased for $21 million by developer Steve Belmont, who aims to restore its original design.
Initially purchased for over $57 million, the once-celebrated architectural gem saw West's drastic renovations lead to its dilapidation, sparking disappointment among architecture enthusiasts globally.
The Malibu area wildfires raised concerns over the safety of the property, which faced scrutiny due to its abandonment and West's controversial renovation approach.
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