CAFAM to Hold Exclusive Tour of the Frank Gehry-Designed Borman Residence
The Craft and Folk Art Museum will host a private viewing of the $57.5 million Malibu home on Nov. 3.
The Craft and Folk Art Museum, in conjunction with the Contemporary Craft Council, will offer a private tour of the Borman Residence, designed by architect Frank Gehry, on Nov. 3.
The 11,413-square-foot Borman home, located in Malibu, has been on the market since May with an asking price of $57.5 million, making it one of Malibu's highest-priced listings. Built in 1989, the residence was owned by Burton Borman, former CEO of insurance company PennCorp Financial and Todd Shipyards, until his death in 2012. If a deal were to close, it would top all property sales in Broad Beach.
The exclusive viewing of the Borman Residence, rarely open to the public, will provide a peek into the estate’s six bedrooms, nine bathrooms, private tennis court and pool and 160 feet of beachfront. The spacious property covers 1.46 acres and also features a living room deck, high ceilings, an attached guesthouse and an outdoor area equipped with a fireplace and spa and an adjoining kitchen.
Frank Gehry, the architect behind the modern-style home, is noted as the mastermind of many renowned city attractions. Other Frank Gehry-designed structures include the Walt Disney Concert Hall and Venice’s one-of-a-kind Binoculars Building, which now houses Google’s Los Angeles headquarters.
The property tour and reception hosted by the Craft and Folk Art Museum and the Contemporary Craft Council will run from 3:00 to 5:30 p.m. on Nov. 3. With limited availability for guests, the event is free for CCC members and $85 for non-members. RSVP to [email protected].