Kim Kardashian Spends $70M on Malibu Home Formerly Owned by Cindy Crawford

Kim Kardashian has just spent a fortune on a gorgeous home there in Malibu … which belonged to a mega famous supermodel previous owner!

The 7,400-sq-foot estate sits on a well-protected bluff overlooking the Pacific, and the Mediterranean style mansion has 4 bedrooms, 5.5 bathrooms and an endless number of killer views!!!

Kim spent a cool $70 million for the spread — which includes tons of outdoor spaces for entertaining, dining or just swimming — and while that’s a crazy amount of dough, here’s why it’s a damn good purchase.

The previous owner is Adam Weiss, a Silicon Valley hedge fund manager, and he paid $45 mil when he bought it from Cindy Crawford … just 4 years ago! Talk about a return on investment.A MarkMeets reader recently spotted Cindy Crawford looking stunning in a floral one shoulder dress as she enjoys a romantic dinner with husband Rande Gerber at Nobu in Malibu, so she must still live close or have a holiday place still there.

Of course, Kim still has the sprawling mansion she and Kanye built in Hidden Hills, and several other homes around SoCal, but the Malibu purchase — first reported by The Dirt — will make for a great weekend getaway spot.

Plus, it’s about 14 miles up the coast from the $57 million Malibu home Ye is currently remodeling.

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