Who on earth spends three-quarters of a million dollars for 31 days in a beachfront mansion (30 if it's for June)? We definitely aren't rich enough to have any idea and if you're reading this, it means you don't have a personal news butler, so you aren't either. What we do know is RICH PEOPLE CRAZY. $750,000 for a month at a beach house in Malibu! You can get a beach house in Malibu for a mere $100,000 a month! But power broker Kurt Rappaport has confirmed to us that this how much he's charging for a month at his enormous estate on Pacific Coast Highway this summer. While sometimes these huge numbers are just extrapolations from hourly or nightly rental fees, he tells Curbed he expects a private individual will be interested in renting the place on a monthly basis.
Last fall, a suite at the Pierre Hotel came on the market as New York City's most expensive rental, at $500,000. (For the record, a rep tells us the suite rented, but didn't confirm that it was at the half-million-dollar rate.) Rappaport's house beats that by half.
The six-acre property comes with a 15,000 square foot main house, an "adjacent pavilion containing two guest suites," seven bedrooms, 10 bathrooms, a screening room, a game room, a gym, a 168-foot-long pool that "is said to be the longest residential swimming pool in California," and a four-car garage. Those quotes from the house's 2014 Architectural Digest profile, which also notes that the place is covered in Warhols, Hirsts, and Ruschas.
Rappaport bought the land in 2006 and hired designer Scott Mitchell, who worked on Nobu Malibu and on Rappaport's old house in Beverly Hills, which the real estate agent sold to Tom Cruise in 2007. Rappaport compares the design and construction process of the beach house to one of the most expensive movies of all time, about a bunch of rich people who flee a sinking ship while leaving the poors to drown: "I compare the making of this house to the filming of Titanic … We didn't know how long it would take or how much it would cost, but we were certain it was going to be great."