Malibu Home Sells for $177 Million, Setting New California Record

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The Malibu oceanfront estate of fashion mogul Serge Azria has sold for $177 million, setting a California state record and marking the second-highest priced home ever sold in the U.S.

Fashion mogul Serge Azria has sold an oceanfront estate in Malibu, Calif., for $177 million. The deal sets a record in the state of California, and it is the second-highest priced home sold in the U.S.

, following billionaire Ken Griffin’s roughly

 

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