Brady Bunch actress sells Malibu beachfront 47 years later for hefty profit

blog_press_08_19_16

By Britt Chester

Key Takeaways

  • Eve Plumb, the actress who played Jan Brady on the Brady Bunch, sold her Malibu beachfront home for $3.9 million.
  • Plumb was 11-years-old when she bought the property for $55,300 in 1969, the year she was cast on the show.
  • The actress sold the home with renderings from Meis Architects for the future buyers to consider should they want to update the 50s cottage.

Actress Eve Plumb, who made her career playing the middle daughter on The Brady Bunch, just sold the first home she ever purchased for $3.9 million.

Plumb purchased the Malibu home when she was just 11-years-old, shortly after being cast for The Brady Bunch, and has been the owner for the past 47 years. She originally purchased the home for her parents for $55,300.

To read the full article click “Keep Reading” or visit their website here.

Why sell now?

According to Bill Baker, one of the listing agents from Deasy/Penner & Partners, Plumb actually listed the home years ago through her property manager. She didn’t receive any bites, though, and continued renting the property.

Baker believes the renderings of a newer, modern home that could potentially be built on the property provided in the listing helped nudge interested parties.

“What appeals to the buyer is a possible opportunity to rent it, or develop it with a big financial upside,” Baker said.

A little bit about Plumb’s first home

She purchased the beachfront home in 1969 for $55,300. When adjusted for 2016 figures, that price tag has the same buying power as $362,609.78 does today. The home was put on the market earlier this year for $4.15 million.

The home is located on Escondido Beach Road. The three-bedroom, 1.75-bathroom home is 850 square feet. Plumb commissioned Meis Architects to create renders of the house that were included in the sale. Meis Architects digitally transformed the house from its original 60s beachfront motif to a modern look complete with floor-to-ceiling windows and a pool.

Baker added that the lot to the south of Plumb’s home is currently unbuildable. He wasn’t sure the legal technicalities, per se, but added that most likely has something to do with the Coastal Commission.

“The purchaser has not indicated what he’s going to do with the property, but that house in that configuration would probably sell for somewhere around $12 million,” Baker said.

Currently, the home looks like what one would expect a 60s beachfront cottage to look like, with weathered panes surrounding the windows and relatively tight quarters in the humble home. However, the renders from Meis Architects showed the buyer options when it comes to updating the look. The renovation quadrupling the size of the home to 3,500 square feet.

Either way, Plumb made a wise investment 47 years ago. And although she’s retired the whole “Marcia! Marcia! Marcia!” schtick, it was probably sweet seeing that Escrow! Escrow! Escrow! close.

You Might Also Like...
Recent Posts

Staples Center architect seeks a buyer for leafy post-and-beam in Calabasas

By Neal J. Leitereg Architect Dan Meis, known for designing modern stadiums and sports arenas around the world, has put his own home court in unincorporated Calabasas up for sale at $2.25 million. Sitting among oaks and mature trees in Monte Nido, the post-and-beam was renovated by Meis, who incorporated a mix of new materials… Keep reading

In Silver Lake, rent a landmark guesthouse designed by Schindler for $3,450/month

By Bianca Barragan On a sloping lot off Glendale Boulevard, this 1935 guest house designed by noted Modernist Rudolph Schindler is a compact example of early modern architecture in Silver Lake. That’s according to an application filed for the property’s Historic-Cultural Landmark status, which it won in 2012. With one bedroom and one bathroom spread… Keep reading

Here’s a Look at Sierra Madre’s 120-Year-Old Wisteria Vine

The world’s largest blossoming plant was on display for nearly 10,000 visitors at yesterday’s annual Wistaria Festival in Sierra Madre. Nicknamed “Lavender Lady,” the wistaria vine weighed around 250 tons when it entered the Guinness World Records in 1990. The vine started in 1894 and sits in the backyard of homeowner Nell Solt. Every year, the… Keep reading