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Late Computer Pioneer's Malibu Spread Sells For $36.5 Million

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Max Palevsky, who thought he "should have been architect" but became a computer pioneer, art patron, and philanthropist instead, had a collection of houses notable enough to get their own book--Three California Houses: The Homes of Max Palevsky. His house in Beverly Hills, designed by George Washington Smith with a renovation by Coy Howard, sold shortly after Palevsky's death in 2010. His Craig Ellwood-designed modern in Palm Springs has never hit the market, as far as we can tell. The third house, a Spanish estate with interior work by architect Ettore Sottsass, spent two and a half years on the market before selling right at the end of last year, and it looks like we're going to have to update our list of biggest home sales of 2012, because it tied for third place. The 6.62-acre property on Paradise Cove Bluffs was built in 1975 and had never been up for sale before; it has seven bedrooms, eight and a half bathrooms, a pool and spa, a tennis court, a full guesthouse, a theater, a private beach, and "exquisite tile work." It first hit the open market in summer 2010 asking $55 million and sold at the end of December for $36.5 million.
· Mediterranean Villa on Paradise Cove Bluffs [Pritchett-Rapf]
· Philanthropist Max Palevsky Thought He Should Have Been An Architect [Curbed LA]