An iconic California beach house thought to have inspired Jørn Utzon’s design for the Sydney Opera House has sold for US$20m less than its original asking price.
Malibu’s Wave House, designed by the American architect Harry Gesner in the late 1950s, was bought by the former Victoria’s Secret model Karlie Kloss and her venture capitalist husband, Joshua Kushner, founder of Thrive Capital, for US$29.5m last week.