Malibu Castle Was About to Be Sold!

Malibu Castle, which perished in today's fire, was actually in Escrow and set to have the final walk-through on Wednesday.


The deal was expected to close this Friday, and while the final selling price can't be confirmed, it had an asking price of $17 million.

The home is owned by socialite Lilly Lawrence, who was not home at the time of the blaze.

Filed under: Breaking News

Reader Comments

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1. bitter irony.

Posted at 3:14PM on Oct 21st 2007 by wasted days and wasted nights

2. Yes she was at home, her house guest was just on CNN and said she WAS there!

Posted at 3:18PM on Oct 21st 2007 by tallu

3. On CNN, it was called Castle Kashan. That's also what it's called on the website: www.castlekashan.com.

Posted at 3:39PM on Oct 21st 2007 by Marty

4. I'm surprised she didn't have her own fire dept......Poof, it's gone! Money can't buy peace of mind now, can it?

Posted at 3:57PM on Oct 21st 2007 by Old Dog

5.
What is your issue, old dog? The woman and her family used all they had for philanthropy, raising money for others, donating to charities, constantly. You spend your time making nasty remarks at the expense of someone who has experienced a tragedy, so who is the better person? (hint: the answer is NOT you!)
So someone rich deserves to have their home burn?
When dogs are too old, they should be euthanized.

Posted at 4:41PM on Oct 21st 2007 by what a jerk

6. That's a shame.

Posted at 5:02PM on Oct 21st 2007 by I Know much

7. Hey Old Dog, Clearly no one in your circle had enough money buy you a brain or a heart either.

Posted at 5:55PM on Oct 21st 2007 by Kelly

8. how unfortunate

Posted at 6:12PM on Oct 21st 2007 by Logo Designers

9. Sorry for your loss.

Posted at 6:37PM on Oct 21st 2007 by Someone who cares

10. Do you think she set the fire for insurance?

Posted at 7:35PM on Oct 21st 2007 by Lenn K.

11. How horrible to think that anyone would think that they would set there own home on fire for the purpose of money. Condsidering she does alot of good for others. And not only that, it was a historical landmark of So Cal. It is sad to loose a part of our history it was a Beautiful place. I hope she was able to recover her irreplacable belogings and treasures. May the family get thru this tradgedy. Our Prayers are with them all. Good Luck.

Posted at 11:51PM on Oct 21st 2007 by Angel

12. ..this WAS npt a HISTORICAL PLACE!!!!!!!!!!!!!!...s........they lost like all the other millionaires who buildin FIRE REGIONS!!!!!!!!!!!

Posted at 12:03AM on Oct 22nd 2007 by jr

13.
It was called the Malibu Castle by most in spite of the owner(s) adding their names.
Here is a link to see what it looked like a few days ago if anyone is interested, Really shows the magnitude of the fire


http://www.malibucastlekashan.com/

Posted at 2:35AM on Oct 22nd 2007 by Tea'

14. It was just sold, so no I don't think anyone set it on purpose for insurance. The final walk through of the castle was set for wed I think.
Don't know if the dotted lines were all signed though. Sure sucks for the new owners if they were.
Also many couples got married there, that would be sad too.
If they are still married that is.

Posted at 2:47AM on Oct 22nd 2007 by HempHouse

15.
I heard on a new cast that all the Elvis Memorabilia was destroyed in the castle, most likely some great art work also. Shame if true, that there was not enough time to get it out.

Posted at 2:51AM on Oct 22nd 2007 by Shelly

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