Controversial rapper Kanye West, now known as Ye, has listed his Tadao Ando-designed house in Malibu, California, for sale. The beachfront property was purchased by Kanye in 2021 for $57.25 million, and he is now listing it for an expected sale price of $53 million. The reason behind the decrease in value is attributed to a gut renovation that Kanye began but did not complete.
A gut renovation involves stripping down a building to its essential structural elements and rebuilding it, often allowing for significant modifications and modernizations. The listing agent mentioned that several million dollars would be needed to finish the house, as gut renovations can be extensive, involving a near-complete rebuilding of the interior space.
