Pamela Anderson is selling her Malibu mansion for $7.75 million. The Baywatch star reportedly purchased the California estate for $1.8 million in 2000. In December rumors began circulating that Anderson was experiencing some money troubles.
The actress allegedly owed $371,514.65 to the IRS at the end of 2012. Pamela Anderson was also supposedly "over-spending" on construction projects at her mansion. The star's lavish estate was designed by Philip Vertoch in 1959. Decorator Josh Chryssanthou and Anderson redecorated the Malibu home. The star's home includes three bathrooms and three bedrooms.
For several months the Baywatch sex symbol has been the focus of negative headlines. Allegations about the star's financial straits include alleged out-of-control spending when remodeling her Malibu mansion. The bombshell's supposed tax woes allegedly prompted the desire to downsize her lifestyle – or at least her choice of abode.
Pamela Anderson's Malibu Colony may have once been a peaceful refuge, but is now being referred to by some as a no longer affordable money pit. If the spacious estate sells for something close to the listing price, the star may be able to easily stroll away from her alleged fiscal woes.
The Malibu Colony mansion boasts an attractive front stone gate and a courtyard with lavender and olive trees. An extremely wide swinging glass door reportedly leads to an open living room and spacious kitchen. Pamela Anderson's mansion also includes a home theater and a baby grand piano.
The Baywatch star's home is located at 23445 Malibu Colony Road, according to Trulia. The single family home encompasses 2,752-square feet. The real estate listing notes that Pamela Anderson's home is within walking distance form "all things Malibu."
The mansion boasts teak siding and is reportedly close to the beach.
Views from the patios offer a glimpse of nature from the bedroom or while sipping a cold drink in the open living room.
Public records documents for the home dated August, 2012 indicate the Malibu mansion once had five bedrooms.
The lot size is 6,220-square feet. Property tax records indicate that Pamela Anderson's mansion is in tax rate code area 10-865.
The total assessed value for the property in 2012 was reportedly $3,209,799.
Before Anderson bought the house in 2000, it also reportedly changed owners in 1994; the Malibu Colony mansion reportedly sold for $850,000.
What do you think about Pamela Anderson's Malibu mansion?
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