A $20 Million Malibu Home Has Sold to a High-End Supermarket Chain Owner

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A $20 Million Malibu Home Has Sold to a High-End Supermarket Chain Owner
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Josephine Antoci, owner of the trendy Erewhon grocery stores, bought an oceanfront home on Broad Beach from nursing home mogul Lee Samson.

As for the Malibu home, it’s a 1950s ranch-style structure sited on more than half an acre of oceanfront land, complete with an impressive 73 feet of beach frontage. With six bedrooms and six bathrooms in nearly 3,700 square feet, the recently renovated residence includes hardwood floors throughout, walls of glass, soaring ceilings with exposed wood beams and a covered balcony upstairs.

Nice as the upgraded house is, it still isn’t good enough for everyone. Just last year, nursing home mogul Lee Samson bought the place for $19.6 million and immediately sought to demolish the existing structure. The current listing notes the property transferred to its new owner with “plans and renderings for a new Richard Landry-designed home of approximately 10,000 square feet,” although it is unclear what Antoci’s ultimate intentions are.

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