Flea Sells Malibu Compound For $20 Million

Good things come to those who wait, just ask Flea. As Dirt reports, the Red Hot Chili Peppers bassist recently sold his compound in the Malibu bluffs for $20 million in an all-cash, off-market deal. He made nearly $10 million on the estate after purchasing it for $9.9 million in 2006 and unsuccessfully attempting to offload it from 2009 until 2011 at a number of asking prices that began at $13.7 million and dropped to below $9.5 million.

As Dirt points out, the 2.1 acre clifftop property hasn't been on the market for more than a decade, making details and photos scarce; however, "aerial imagery shows there’s still a 1980s main house with about 2,700 square feet of single-story living space. Also still there are two detached guesthouses, plus a half-court basketball court and off-street parking for at least dozen cars. Meandering pathways criss-cross the entire estate, which leads down the treacherously craggy cliff to the sandy beach. Views take in stunning sunsets and whitewater waves."

Last month, Flea downsized to an 1,850 sq/ft tropical-themed hideaway in the gated Malibu Colony community. He also owns an architectural compound in Los Angeles' La Crescenta suburb.

As for when we can expect new music from RHCP, guitarist John Frusciante recently revealed that the band was playing together again after halting rehearsals when the pandemic hit.

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