You can’t help but wonder how many juicy plots were hatched in the extraordinary Malibu Colony beach house of Lee Phillip Bell and William J. Bell. The couple created “The Young and the Restless” and “The Bold and the Beautiful”—two of the most successful soap operas ever conceived.
With Lee passing away in February at age 91, their prestigious property is now on the market for $21,500,000. The Bells purchased the white-shingled home with 60 feet of beach frontage in 1989 for $4,365,000.
The Bell children no doubt found inspiration in the home as well: Bradley Bell is the executive producer and head writer of “The Bold and the Beautiful”; William James Bell is president of the family’s Bell-Phillip Television Productions; and Lauralee Bell has played Christine “Cricket” Blair on “The Young and the Restless” since 1983.
However, you don’t have to be a soap star, or even a fan, to admire this rare Malibu Colony classic. One of the few residences behind the posh gates of this exclusive community with a pool, it’s the only one in the enclave on the market right now.
Sitting on nearly a third of an acre, the main house measures 3,295 square feet and has four bedrooms and three bathrooms. It comes with a two-story guesthouse.
The shingled facade and gabled roof present a Hamptons style, but the lush landscaping, grassy yard, and mature palm trees are all California paradise.
A white fence encloses the property, and out back are the lagoon-style pool and spa, as well as stairs leading to the beach.
Robin’s-egg blue Dutch doors open to a white, beachy interior, with large picture windows providing gorgeous views at every turn.
Some of the loft-style rooms under the eaves also have exceptional views, as well as features like a fireplace or a chandelier.
Even the brick terrace has a remarkable ocean view.
Just beyond the pool is a deck with stairs to the beach.
Malibu Colony is within walking distance to many of the best shops and restaurants Malibu has to offer.
The elder Bells each earned lifetime achievement awards from the Daytime Emmys and are responsible for the creation of “The Young and the Restless” in 1973 and “The Bold and the Beautiful” in 1987. Both soap operas still air daily on CBS.