CAFAM to Hold Exclusive Tour of the Frank Gehry-Designed Borman Residence

Courtesy of Nick Springett
The Borman Residence in Malibu

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.

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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.

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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