Former L.A. Dodgers Owner Peter O’Malley Relists Mykonos-Inspired Malibu Mansion for $75 Million—Shaving $10 Million Off Price

An oceanfront Malibu, CA, mansion designed to be "reminiscent of a home on the coast of Mykonos" has just returned to the market for an eye-watering $74.5 million—offering up not only a taste of European excess but also an incredible heritage in the world of professional sports.

The exclusive Paradise Cove compound, which now tops the week's most expensive homes list, is currently home to former Los Angeles Dodgers owner Peter O'Malley, who has shaved $10 million off of his asking price since first listing the home in May 2024.

Designed as clusters "to resemble a small village," the 8,775-square-foot primary residence has exposed beams, wood and tile floors, and numerous French doors that open to the stunning setting.

Other highlights include a spacious living room, a dining room for entertaining, a modern chef's kitchen, and a home theater. The primary suite has a fireplace and a private terrace.

The 2.27-acre property also has an olive grove, a resort-inspired swimming pool, a full regulation tennis court, a guesthouse, and private access to the beach, along with a beach bar overlooking the Pacific Ocean.

Other jaw-dropping estates to make this week's most expensive list include Manhattan's Chelsea Mansion, which is offered for the first time since a gut renovation; an Italian-inspired villa in Beverly Hills; and a Colorado mountain retreat boasting the largest residence with ski access in Boulder Creek.

10. Honolulu, HI

Price: $34,000,000

Diamond Head enclave: This four-bedroom compound is owned by retired interior designer Catherine Conrad.

Located on Oahu's southern coast, the nearly 1-acre property surrounded by lush gardens, fountains, water features, and flowering trees is comprised of two parcels Conrad acquired over the years. A modernized primary residence built in 1941 boasts roughly 5,200 square feet of space with lanais and covered patios to soak in the Pacific Ocean vistas.

Also found on the property are an in-ground pool, a yoga studio, and a guest cottage.

9. 1016 N Hillcrest Rd, Beverly Hills, CA

Price: $35,000,000

Trousdale Estates: Nestled in the "billionaire's playground," this exclusive mansion built in 2012 has been entirely remodeled.

Perched on a promontory offering views spanning from Los Angeles to the Pacific Ocean, the 7,016-square-foot estate features a grand foyer that opens up to an "art gallery" hallway. Ornate details include custom sandstone floors, 12-foot ceilings, skylights, two fireplaces, a glass-encased living room, and a primary retreat with an adjoining study and dual bathrooms.

The 1.32-acre property also has a new saltwater pool. According to the listing, there is an opportunity to expand onto an additional lot.

8. 436 W 20th St, Manhattan, NY

Price: $35,560,000

The Chelsea Mansion: This six-story, brick townhome "available for the first time following an exquisite gut renovation" comes with an impressive celebrity pedigree.

Actors Andrew Garfield, Emma Stone, Glenn Close, and Jason Statham are all said to have lived here over the years. The 10,160-square-foot mansion once owned by "Twas the Night Before Christmas" writer Clement-Clarke Moore boasts seven bedrooms, eight fireplaces, oak hardwood floors, custom millwork, and a brand-new elevator for easy transport to all six levels. A lavish primary suite found on the fifth and sixth floors is the "crown jewel" with two terraces, a full dressing room, and a separate loft.

A tranquil garden area was designed for entertaining and relaxing.

7. 804 N Elm Dr, Beverly Hills, CA

Price: $36,500,000

Beverly Hills Flats: Built in 2011, this seven-bedroom, Italian-inspired villa boasts 19,474 square feet of opulent space.

Designed by architect Richard Landry, the hand-carved Dijon limestone estate boasts a 7-foot bronze chandelier, Dale Chihuly glass sculptures, a grand curved staircase, and arched doorways. Other highlights include a 1,000-gallon saltwater aquarium, a two-story terrace, an indoor pool, and a chef's kitchen with stainless-steel appliances and a barrel-vaulted ceiling. A home theater with a hand-crafted mahogany ceiling, wellness area with a massage room, and a nautically inspired entertainment room can all be found on the lower level.

A garden, pool, water features, pergola with a partial summer kitchen, and guest pavilion surround the estate.

6. 1003 Fisher Island Dr, Miami Beach, FL

Price: $36,500,000

Fisher Island location: This eight-bedroom mansion offers spectacular views of the P.B. Dye–designed golf course, Biscayne Bay, and Miami skyline.

Built in 2006, the luxurious 10,648-square-foot interior designed by Portuondo Perotti Architects features 12-foot ceilings, a European-inspired chef's kitchen with a double island and high-end appliances, and 10 modernized bathrooms. A roof deck with an outdoor kitchen was designed to soak in the panoramic views.

Covered terraces overlook an infinity lap pool with a spa and a fire pit. There is also a garage that accommodates 12 cars.

5. 77 Flood Cir, Atherton, CA

Price: $38,500,000

Lindenwood's largest parcel: This 2.52-acre property surrounded by lush landscaping, fountains, and Susan Ogle–designed gardens boasts a New England–inspired primary residence.

Designed by architect David Buergler, the 16,855-square-foot estate features a grand staircase, herringbone-patterned wood floors, a dining room with built-in cabinetry, and a sun-soaked kitchen with an oversized island. Other impressive amenities found throughout the three-story residence include formal salons, a home theater, a billiard lounge with a full bar, and a 1,100-bottle wine cellar.

The sprawling lot also has a heated loggia, pool, spa, cabana, guesthouse, and "collector's garage" for six vehicles.

4. 463 Borders Rd, Beaver Creek, CO

Price: $45,000,000

Chateau de la Montagne: This seven-bedroom estate was once the home of Alberto Vilar, who was convicted of conspiracy fraud charges.

The 15,900-square-foot stone mansion is said to be the largest residence with ski access nestled in the Beaver Creek Resort. The multilevel home with an elevator and nine fireplaces features a three-story water feature, a great room with a double-sided fireplace, and a primary suite with dual baths, a fireplace, and a balcony overlooking ski trails. There is also a home office, screening room, 1,100-bottle wine room, fitness center, massage room, and steam room.

A slopeside terrace with an outdoor fireplace lounge for après-ski entertaining overlooks a waterfall and hot tub.

3. 1620 S Ocean Blvd, Palm Beach, FL

Price: $59,500,000

Oceanfront opulence: After selling his nearby spec home up the road in June for $38.75 million, waste management executive and Trump appointee Anthony Lomangino has just listed this five-bedroom mansion that he and his wife, Lynda, purchased for $12.7 million in 2019.

Built in 2006, the 8,723-square-foot, Mediterranean-inspired mansion boasts private beach access and breathtaking Atlantic Ocean views. Exquisite details include marble floors with onyx inlay, an ocean-facing primary suite with a sitting room, a seaside living room with a fireplace, and a formal dining room with custom crown molding. A chef's kitchen with an oversized island and breakfast room has pecky cypress coffered ceilings.

A spacious loggia designed for al fresco dining overlooks a private pool.

2. 4296 Cutlass Ln, Naples, FL

Price: $60,000,000

Port Royal enclave: This six-bedroom mansion boasts 363 feet of frontage along Cutlass Cove.

Built in 2017, the 15,309-square-foot estate has arched doorways, built-in cabinetry, marble and hardwood floors, and intricately detailed ceilings. A family room, sunroom, chef's kitchen designed for grand-scale entertaining, home office, and primary suite with a fireplace and sitting area round out the rest of the space.

Buyers get eligibility for membership to the Port Royal Club, which offers dining options, a fitness center, and a tennis complex.

1. 27832 Pacific Coast Hwy, Malibu, CA

Price: $74,500,000

Paradise Cove: This Mykonos-inspired waterfront estate was designed by architect Marc Appleton and last traded hands in January 2001 for $15,000,150.

The dwelling is owned by former L.A. Dodgers owner Peter O'Malley, who originally listed the dwelling for $85 million in May 2024, then again in August of that same year.

However, in the wake of the California wildfires, he made the decision to remove it from the market—only to bring it back months later with a significant discount.

The 8,775-square-foot mansion with private beach access is surrounded by a grove of 100 mature olive trees. Designed into "a cluster of separate volumes that resemble a small village," the primary residence has vaulted roofs, tall chimneys, and interconnected breezeways and arbors overlooking the Pacific Ocean.

The 2.27-acre property also has a guest house, regulation tennis court, resort-inspired in-ground pool, and private beach bar.