The Malibu estate of the late actress Shannen Doherty has undergone a significant price adjustment, with the asking price now lowered by a total of $750,000 since it was first listed. The property, which Doherty considered her personal sanctuary, is now available for $8.75 million.
The home was put on the market by the executor of her estate approximately one year after her passing on July 13, 2024, at the age of 53, following a prolonged battle with cancer. Proceeds from the sale are designated for her mother, Rosa Doherty.
Key Takeaways
- The asking price for Shannen Doherty's Malibu home has been reduced to $8.75 million.
- This represents a total price cut of $750,000 from its original listing price of $9.5 million.
- The 5,400-square-foot home sits on a one-acre lot and features five bedrooms.
- Proceeds from the property sale will be directed to the actress's mother.
A Closer Look at the Listing's History
The property was first listed for sale on August 5 with an initial price of $9.5 million. Just three days later, the price was slightly adjusted to $9.45 million.
The most recent and substantial reduction occurred on September 24, when an additional $700,000 was trimmed from the asking price, bringing it to the current $8.75 million. This series of adjustments reflects an effort to attract a buyer for the unique estate.
Estate Management
The sale is being handled by Chris Cortazzo, a real estate agent with Compass and a longtime friend of Doherty. Cortazzo is also serving as the executor of her estate, managing her affairs according to her wishes. The two reportedly discussed her estate planning, including the future of her home, on Doherty's podcast, "Let's Be Clear."
The Property's Features and Design
Shannen Doherty purchased the residence in 2004 for a reported $2.56 million. She later undertook a major renovation in 2018 after the home sustained damage in the Woolsey Fire. The result is a blend of California modernism and rustic design elements.
The main house spans 5,400 square feet and includes five bedrooms. Key interior features include beamed ceilings, an expansive kitchen with custom cabinetry, and sliding barn doors that connect the dining room to a den. Large glass walls are a prominent feature, providing natural light and views of the surrounding landscape.
"When you’re a notable figure, your home becomes your sanctuary," Chris Cortazzo told the Wall Street Journal, highlighting Doherty's desire for privacy and a place to host her close friends.
The property was described in its listing as having been "completely reimagined with an emphasis on natural light, flow, and function," creating a serene environment from the moment one arrives.
Property Specifications
- Living Space: 5,400 square feet
- Bedrooms: 5
- Lot Size: 1 acre
- Key Features: Lap pool, guesthouse, edible garden, ocean views
- Purchase Price (2004): $2.56 million
An Outdoor Oasis Designed for Privacy
The one-acre grounds were meticulously designed to offer both luxury and seclusion. A sleek lap pool with an integrated spa is surrounded by sun loungers and bordered by tall privacy hedges.
The outdoor space also includes tiered gardens, a dining terrace for open-air meals, and a fully established edible garden with raised beds and fruit trees. A canopy of mature trees provides natural shade across the property.
In addition to the main residence, the estate includes a detached guesthouse. This versatile space can be used as a studio, an extra bedroom, or a private fitness center.
Doherty's Career and Personal Journey
Doherty's career began as a child actress, with a notable role in "Little House on the Prairie." She became a household name in the 1990s for her roles as Brenda Walsh in "Beverly Hills, 90210" and Prue Halliwell in "Charmed."
Her life took a different turn in 2015 when she was diagnosed with breast cancer. She publicly documented her health journey, sharing details of her treatments and maintaining a positive outlook. After entering remission in 2017, the cancer returned two years later and had advanced to Stage 4.
In a 2020 interview, she spoke openly about her fears. "I'm petrified. I'm pretty scared," she admitted, but also questioned, "Who else besides me deserves this? None of us do."
Despite the diagnosis, Doherty remained determined. In November 2023, she told People magazine, "I’m not done with living. I’m not done with loving. I’m not done with creating. I’m not done with hopefully changing things for the better." Her passing was confirmed by her publicist, Leslie Sloane, on July 14, 2024.
Market Considerations in Malibu
According to Cortazzo, buyers in the Malibu area have become more cautious following recent wildfires. He noted that potential buyers often investigate fire safety measures, such as ensuring adequate brush clearance and avoiding flammable roofing materials. Doherty's home, with its primarily stucco exterior, is located outside the areas most recently affected by major wildfires.
At the time of her death, Doherty was legally married to photographer Kurt Iswarienko. The couple had separated in 2023, and their divorce was finalized just two days after she passed away. As she had no children, the proceeds from her estate, including the sale of her beloved home, are intended for her mother.
