Malibu Estate and Winery Gets $16 Million Price Cut {Luxist}

Dec 26th 2010 11:23PM Not that bad of a deal...all things considered. I've seen it. It's a spectacular property. Especially considering Richard Weintraub's recent $75 million listing: http://labusinessjournal.www.clients.ellingtoncms.com/news/2010/nov/08/real-estate-mogul-offers-package-deal-malibu/