Matthew McConaughey's Malibu Mess

by Deidre Woollard (RSS feed)
Feb 12th 2008 at 7:02PM

For a little while, frequently bare-chested romantic comedy star Matthew McConaughey has been living the real estate-less life in California. McConaughey sold off his three-lot Hollywood Hills compound toward the end of 2006 and then was spending most of his time in a couple of Airstream trailers in Malibu. He also still owns a 1.600-acre ranch in Texas. But last fall, McConaughey, who recently announced that his model girlfriend Camilla Alves is pregnant with their child, purchased a $10 million property in Malibu. The property is a little over an acre and includes a four-bedroom home that was built in 1949. When the sale was announced in November, Big Time Listings mentioned that the 3,550-square-foot home has had some celebrity owners in the past such as Richard Page, the lead singer of the 1980s band Mr. Mister (which had the popular songs 'Broken Wings' and 'Kyrie') who sold the house in 1996 to its most recent owner for $1,260,000. As TMZ shows in a video on their website construction has begun on the home, expanding the home which is located on a deep lot just a few houses away from the ocean.

Matthew McConaughey is far from the first celebrity to spend a lot of money on a home that needs a lot of work or may even be a tear down. Our gallery below includes a few more examples of recently multi-million dollar purchases bought for the land more than the home.

Gallery: Celebrity Teardowns

Tags: celebrity real estate, malibu, matthew mcconaughey, MatthewMcconaughey, tear down house, teardown

Filed under: Estates, Celebrity Shopping

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Reader Comments (Page 3 of 3)

Rick Feb 16th 2008 7:53PM

Hey Denise, here's a novice idea...if you couldn't afford kids...don't have them..if you cant affor to fix your house..rent one..its not that hard..here's whats sad..when people like you think other people should pay your kids way through school..before you layed down and spread your legs and gave away your fun box to joe blow, you should should have looked into the fact that the average cost of raising a child over 18 years is approx. 120,000 dollars...oh but wait..that would have taken some some self control and responsibility on your part..why dont you set your self up for life..i bet if you did some rearanging in your budget you could afford colledge for your kids...how much you paying for your internet??? its not a neccesety..cell phone?? cigarettets?? beer?? cable tv?? your kids have play stations?? Wii's?? how often you eat out?..could you swallow some prie and do some shopping at the good will?? i do..all my work jeans come from there..only 2.00 bucks a pair..thats the problem with our societey...these luxories we have..we think they are necessities..funny....Im 28 years old..have a wife..a 3 year old..own a small home ..have small business..and some how survive without cable tv...high speed internet..yes, dial up still exists..lol...no cell phone..neverowned a gaming system, never had a new car, and my clothes from target and good will do me just fine...learn to live under your means..not within, or above..but under...its what our grand parents did before credit existed!

Chris H. Feb 16th 2008 7:46PM

This figures. These dumb actors have nothing better to do with their money. As if these fools are worth the millions they "make" anyway. They are some of the most "over paid", "under worked" people there is. About like a politician, making tons of money for doing nothing. Don't get me wrong, we would be pretty damn bored without movies, but to make something like 10 or so million just to make a movie is to me, totally stupid. I guess that's why everybody wants in the movies. I'm sure with all their money, they could do something besides buy something for millions that is going to end up in the dump, like a house that's torn down. If they want to throw away good money, then throw it my way. Put the money to good use, like maybe buying a big place and let some homeless have a roof for a night or two until they can get back on their feet.

janice Feb 16th 2008 7:44PM

What difference should it make to any of us, the money belongs to him and we ALL helped him earn it by paying for his movies. Let him do as he wishes with it. Not any of our business.

LORRAINE Feb 16th 2008 7:50PM

MATT, YOU REALLY MAKE BLONDES LOOK REAL STUPID.

bruce Feb 17th 2008 5:39PM

what gives the right to those who dont have money to tell those who do how to spend it??

Rick Feb 16th 2008 10:06PM

So heres my question...if you people who think he has too much money...what happens when you hit the lotterey,,or when you get a multi million dollar inheritance...what are you going to do when I come knock on your door and say"you know..I think thats just to much..you only need a tenth of that to survive on..there are less fortunate who could use it more than you..so im goint to take it from you..are you just going to hand it over as easily as you are expectint ole' matt to?...I think not..its a different story when your on the outside looking in

Paula Caray Feb 16th 2008 8:52PM

Rick, you are a genious!! Why can`t people see the way things really are? Trust me these people do alot for charities not to mention the taxes he payes on his income. He`s in a higher income bracket b/c he makes so much money. Therefore the more you make the more they take. We all have choices in life which is why we end up where we are. It`s never too late to make more of your life, it`s a choice!! If your really that envious of what his choices are then don`t spend your money where it provides income for him!!!!!!!!!!!!!!!!!

ROB Feb 16th 2008 8:15PM

This is the American way. The rich can purchase and tear down what they want and the poor are damn lucky if they are not living in a box somewhere.

Patty Feb 16th 2008 8:49PM

I couldn't have said it better myself, James and Rick. If it weren't for the "wealthy", you don't even have to be rich,
many people would not have a job and be on welfare. One year I paid over $90k in taxes and I'm not a millionaire.

jay Feb 16th 2008 8:59PM

Big waste of $$$ come to think of it so are his movies....

BW Feb 16th 2008 9:24PM

He is not just spending his money, it's an investment. It doesn't matter if you spend $10 Million or $150 Thousand
for a home, anyone can expect a profit based on tax write-offs for interest and property taxes and a sale price higher than the purchase price.
Also, remember this is Malibu, Ca, where property values are sky high.
joneEBgood

Michael Wayne Huff Feb 16th 2008 10:05PM

Dear Friends;
Why don't some of these ultrarich so called stars start the revolution that we so desparatly need and put up windmil's to power batteries for keeping car's charged so we can tell the Saudi's where to stick their oil and mass produce electric car's and tradeout our combustion engines. Like Sir Paul for starters, and Oprah, to name a few and then we can change while there's still time. Let's show the guts that American's should have and save the planet for our children. We can do it if we try!!! I want to be proud of my country again, don't you??? Hold your head up and say YES!!!

Michael Wayne Huff Feb 16th 2008 10:39PM

gary engen Feb 17th 2008 11:31PM

To Jean and Lillian: You are right in your comments and observations. Bless you for speaking the truth.

To Akhir and Rick: Where is your humanity? Did you somehow drive over it while parking your respective Bentleys in your multi-car garages? Your comments are historically inaccurate, without compassion, common sense, (a 'sense' or attribute that is alas, not so common these days) nor do they suffer any sort of reasoned or rational base.
First off Akhir, socialism and communism are two very different things. It is typical of rednecks, right-wingers and the otherwise substantively misinformed and poorly educated to lump the two social concepts together.
But, as said and is certainly understood by anyone how has bothered to even peak at the comparative analysis, these ideologies are quite dissimilar. Akhir, are you even remotely aware of where the US now ranks in standard of living vis-a-vis other western style democracies? Or where we fall on the charts re. the average American's lifespan as compared to the citizens of more modern and enlightened democracies? (and yes, 'modern' is the appropriate characterization). How about their far, far lower crime rates per capita, etc? Here, not-so-wise-one, is an offer to assist in your much needed elucidation re. the subject, look at a country such as Sweden and compare quality of life stats with the US, (and because your response is 100% predictable, I will address it beforehand)-- Yes, Sweden, like other countries that determined to benefit their societies by implementing additional socialistic approaches to reduce inequities and at the same time, increase the well being of their population did find it necessary to increase taxes, but before you take up the bullsh.. standard bearer of the Repugnants, (taxes! OMyGod, taxes!Run for it, Chicken Little, the sky is falling!), ask the folks that are living in such socialistic countries if they are less free, if they are less fortunate... if they would rather pay less in taxes and resultantly, lose the standard of living that they currently so conspicuously and inarguable enjoy that is well beyond what is experienced by most of our citizens here in the US. I noted above that those countries are also democracies, in other words, the citizens voted to adopt the policies and programs that they now so obvioulsy benefit from. We here in our country, are being left behind, left behind as to standard of living, lifespan, justice, etc, etc while other countries progress to democratic systems that are profoundly more refined and beneficial to their populations and one of the reasons that we are losing such ground is the bogus philosophical stance that dimwitted jerkoffs like you support. Finally, Akhir, are you a religious person? Virtually all religions espouse the basic tenant that we are indeed 'our brother's keeper'. Communism is a failed concept, socialism has clearly demonstrated that it has tangible, applicable worth to humanity, (ever heard of Social Security or unions, Akhir?). To Rick: Your 'trickle-down' voodoo economics argument is and has been repeatedly shown, (as your philosophical cohorts have foisted it upon the hapless American public to our collective detriment), that the everyday Mr. and Mrs. Joe Blow not only did not need an umbrella to deal with all the 'trickle' that it was claimed would surely come raining down on them, they received nary a drop. The poor have gotten poorer and the middle class is now rapidly being dismantled. Yes Rick, there are more rich folks, but percentagewise, the number of people that have benefited by the bullshi... redistribution of wealth to the upper class in our country is very small, whereas the number that have been hurt by it is very large indeed. Do the math and if that is too difficult for you, just drive your Mercedes or BMW or Bentley to any middle class neighborhood and start knocking on doors and ask how things are going... some folks are still home to answer such query, but more and more of them have already left or are, by circumstance directly attributable to your sort of 'thinking', now packing up and being forced to leave... the middle class. If we met Thomas Jefferson's warning and plea that we dutifully practice our responsibility to allow this 'experiment' to then function as a truly participatory democracy, we would have a much healthier economy and a much healthier populace. By the way Rick, I'm no 'poor man carping'. Re. lifestyle and references to vehicles/buggies as above, even as I drive a Maserati, I have raised many milllions for health programs to benefit the general public as well as the poor and down trodden. I own businesses that positively impact upon others and though I am not in the same league as Warren, Mr. Buffett, I would offer that he has the right attitude on these issues, (equitable taxation and the general good). He sees what is happening to America, (as does everyone that has their heart as well as their eyes open) and he is concerned and that is why he wants the rich, individuals and corporate entities alike, to start to pay their fair share of... are you ready for this Rick, have you taken your blood pressure medication....? Taxes. Rick, you need to look into your heart and decide whether your time spent here on earth is about humanity or if it's just about you and only you. It is time to stop justifying ripping off the public, it is time to stop rationalizing away the embarrassing fact that we have way more homeless Americans on our streets, (including veterans), than any other western nation... by far. What it is time for, in fact long overdue, is to meet your obligation to help this country be what our forefathers intended it to be, (hint: Not a consumer base for megacorporations who manipulate 'our' government to their ill-advised, myopic purpose, but rather "a country of the people, by the people and for the people". Gary Engen theloanarrangers a,o,l,

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