Ye’s Malibu Mansion Relists With a Whopping $27 Million Price Cut Months After Being Sold Out

via Getty
BEVERLY HILLS, CALIFORNIA – FEBRUARY 09: Kanye West attends the 2020 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on February 09, 2020 in Beverly Hills, California. (Photo by Rich Fury/VF20/Getty Images for Vanity Fair)
Ye, formerly known as Kanye West, has long been synonymous with luxury real estate that mirrors his avant-garde tastes. From sprawling California estates to secluded Wyoming retreats, his properties epitomize minimalist grandeur. In 2021, Ye made waves by purchasing a Malibu beachfront mansion designed by Pritzker Prize-winning architect Tadao Ando for $57 million. The concrete-and-glass structure, celebrated for its stark elegance, recently resurfaced in headlines-but this time, as a financial rollercoaster.
A concrete fortress once owned by hip-hop’s most polarizing figure is back on the market with a jaw-dropping discount.
Ye’s concrete sanctuary hits market again
ADVERTISEMENT
Article continues below this ad
The 4,700-square-foot beachfront property, Ye sold in September 2024 for $21 million, returned to the market just six months later with a $30 million listing price. Real estate power duo Amanda Lynn (Selling Sunset) and Dylan Eckardt (Selling the Hamptons), who facilitated Ye’s initial purchase, spearheaded the relisting according to Variety. Eckardt hinted at targeting art collectors seeking a “masterpiece" to complete. The rapper invested heavily in renovations, enhancing its stark interiors but were considered impractical and detracted from the property's architectural pedigree.
Amanda Lynn promoted the listing on Instagram, emphasizing the $30 million price tag and its status as a Tadao Ando-designed masterpiece. Neighbors in the exclusive Malibu enclave include Jay-Z, Beyoncé, Reese Witherspoon, and Leonardo DiCaprio. Belwood Investments (a California-based real estate crowdfunding firm), the current owner, acquired the property last fall, though the company's CEO, Bo Belmont openly criticized Ye’s design choices, calling them impractical for coastal living.
Architectural brilliance clashed with internal chaos: behind the mansion’s sleek façade lies a trail of unpaid wages and battles.
Behind the Scenes: Ye’s Malibu mansion controversies
Former security guard Jonathan Monroe filed a lawsuit in 2024, accusing Ye hired him in August 2021 at $30 per hour but failing to pay him before firing him two months later. Monroe, who worked 36-50 weekly hours guarding the construction site, sought unpaid wages, interest, and punitive damages. The lawsuit marked a string of staff grievances tied to the property. Contractor Tony Saxon, tasked with renovating the mansion, described hazardous conditions during his tenure.
ADVERTISEMENT
Article continues below this ad

via Imago
LOS ANGELES, CA – FEBRUARY 02: Kanye West is seen on February 02, 2024 in Los Angeles, California. (Photo by Rachpoot/Bauer-Griffin/GC Images)
Saxon slept on the floor to deter intruders and once chased fans live-streaming their trespassing. He claimed Ye fired him after he raised safety concerns, echoing Monroe’s accusations. The property, once a pristine architectural gem, devolved into a symbol of Ye’s turbulent management style. Its stark concrete walls now echo with more than ocean waves- they reverberate with unpaid debts and fractured trust. At $30 million, the price tag asks buyers: Is Tadao Ando’s design worth inheriting Ye’s turbulent legacy?
ADVERTISEMENT
Article continues below this ad
Will Ye’s Malibu mansion find a buyer amid the chaos? Drop your predictions below.
ADVERTISEMENT
Edited By: Hriddhi Maitra
ADVERTISEMENT
ADVERTISEMENT