On that House of Detox

The blogosphere strikes again. There is indeed a Malibu estate up for sale, but it's not Renaissance Malibu, the posh alcohol and drug treatment center. It's Villa Versailles, which was built in 1992 and apparently was lived in for one weekend (too far from the city for the owners). Since then, it's been rented out for parties, movie shoots and the like. It was also rented out as a rehab center/wellness center, which is probably how the confusion got started. Anyway, it does have 10 bedrooms, 11-baths, pool, tennis court, fruit orchard, horse stables, and the walls could still tell a lot 'o stories. Asking price: $23.75 million.

*Updated post


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
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Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Letter from Down Under: Welcome to the Homogenocene
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'I Am Woman,' hear them roar
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Previous story: Countrywide is junk

Next story: Actors talks extended

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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