Monday, May 14, 2007

Please Buy Michael Madsen's Malibu House

SELLER: Michael Madsen
LOCATION: 31504 Victoria Point Road, Malibu, CA
PRICE: $9,950,000
SIZE: 3,424 square feet, 5 bedrooms, 4 bathrooms
DESCRIPTION: Private, gated street at Trancas Point, the most romantic section of Broad Beach. The property much close escrow by May 16, 2007. Possibly by May 30, 2007 with a fully executed purchase contract in hand and ALL contingencies removed.

YOUR MAMAS NOTES: Oh Dear. We are not privy to all the ins and outs of this house and it's current ownership by actor Michael Madsen, but it appears something is terribly amiss. Our first clue was of course the listing itself which states the house needs to be sold as quickly as possible and preferably by Wednesday this week.

Property records don't improve things as they show a mortgage that exceeds the original purchase price and also some default on payments. Your Mama only hopes we're reading these records incorrectly and that Madsen is choosing to sell rather than being forced to sell.

The intense actor, who is best known for his role as Mr. Blonde in Quentin Tarantino's cult film Reservoir Dogs, purchased this house in July of 1999 from television superstar and balding actor Ted Danson for $1,995,000. Danson and his wifey Mary Steenburgen moved down the road and into a smallish ocean front house within the exclusive and gated Malibu Colony.

Four things we did not know about Madsen:

1. He's the brother of Academy Award nominated actress Virginia Madsen.

2. He's a published author and poet whose books can be purchased at Amazon.

3. He had an affair with the foul mouthed Hollywood madam Heidi Fleiss.

4. He turned down John Travolta's lead role in Pulp Fiction to work on a film with Kevin Costner.

As for the house, well, it's well located on a gated street according to the listing, the views are spectacular, and the stretch of beach on the north end of Broad Beach is private, which is always a good think in Malee-boo. But it's a bit difficult for us to make any assessments about the house itself from the few photos provided on the mls by the listing agent. We will say that we wish Mr. Madsen had cleaned off the kitchen counters before the photos were taken.

Your Mama sincerely wishes Madsen all the luck in the world in terms of selling this house. We hope he gets a fully executed contract in a couple of days and he can sail out of here unscathed.

We would also like to thank Barney Fife for the tip to this property. Barney has tipped us off more times than we can count and we're always grateful for his inside line.

Sources: Internet Movie Data Base

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