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Calabasas Today
By the People, for the People
Dr. Dre Sells Longtime Malibu Mansion for $16.5M
The rapper and hip-hop's 'first billionaire' owned the beachfront property for 26 years.
Mar. 10, 2026 at 8:39pm
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Dr. Dre has sold his longtime Malibu mansion for $16.5 million. The six-bedroom, seven-bathroom contemporary beach house was situated on a gated lot in the exclusive Carbon Beach enclave, known as 'Billionaire's Beach.' Dre had owned the tri-level property with panoramic ocean views for 26 years.
Why it matters
The sale of Dre's Malibu home is the latest in a series of real estate moves by the rap mogul, who has been trimming down his extensive property portfolio in recent years, including the sale of homes in Woodland Hills and Calabasas. This suggests Dre may be consolidating his residential footprint as he focuses on other business ventures.
The details
Dre's Malibu retreat featured a kitchen with stainless steel appliances, a living room with a wood-burning fireplace, a boutique-style walk-in closet, sauna, and an expansive oceanfront balcony. The property also included a gym, a water-facing recording studio, and an office. Dre had previously tried to sell the home for between $11-12.5 million in 2012, but the sale was finalized in 2026 for $16.5 million.
- Dre purchased the Malibu home in the late 1990s.
- He attempted to sell the home in 2012 for $11-12.5 million.
- Dre's ex-wife Nicole Young resided at the home until their divorce was finalized in December 2021.
- The home was ultimately sold in 2026 for $16.5 million.
The players
Dr. Dre
A rapper, producer, and entrepreneur who is considered the 'first billionaire' in hip-hop.
Nicole Young
Dr. Dre's ex-wife, who resided at the Malibu home during their divorce proceedings.
The takeaway
Dre's sale of his longtime Malibu mansion is part of a broader trend of the rap mogul streamlining his real estate portfolio, likely to focus on other business ventures as he consolidates his residential footprint.
