Getting Into Full Swing in Malibu

Brian Setzer, a rockabilly-revival star in the ‘80s who now heads one of the hottest swing-era style bands, and his wife, Christine, have purchased a home on slightly more than an acre in Malibu. The asking price was about $3 million.

The Grammy-winning singer-guitarist, 41, led the neo-rockabilly band the Stray Cats to fame in the early ‘80s, but now he heads the Brian Setzer Orchestra, a traditional big band fronted by Setzer’s electric guitar.

The Brian Setzer Orchestra, known for its platinum-plus ’98 album “The Dirty Boogie,� has a new album due out this summer when the group will be on tour. The band is scheduled to perform at the Greek Theatre in August.

The Setzers sold their smaller home in Santa Monica and bought a five-bedroom, Mediterranean-style house in Malibu. Built in 1989, the Malibu home also has two guest houses, an ocean-view terrace, an infinity pool and a pool house.

Jamie Parsons of the Brentwood East office of Coldwell Banker represented the Setzers in buying and selling; Cori Cooper-Lowe of the Malibu East office of Coldwell Banker had the Malibu listing.

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Singer-songwriter Juan Gabriel, the most-played Spanish voice on Los Angeles radio, has sold his Malibu home for close to its $6.75-million asking price. The buyer was described as a bicoastal businessman.

Known as the king of Latin pop, Gabriel, 50, has sold more than 35 million albums worldwide. He listed, sold and closed escrow on his Malibu home in less than five weeks. The Spanish-language superstar decided to sell his home of about five years because he is moving to one of his several other homes in other states.

The 8,100-square-foot estate, on six acres in Malibu, has a six-bedroom main house plus a guest house, pool and ocean view. Built in 1991, the home also has three fireplaces.

Nancy Pelegrino of Pelegrino Properties in Marina del Rey had the listing.

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The Vanderbilt estate at Lake Shasta, known as Shadow Valley Ranch, will be sold at an absolute auction on May 11.

In an absolute auction, there is no minimum bid. Sellers have the right to cancel the auction, but once the auction starts, the highest bid must be accepted.

The 1,400-acre ranch includes a five-bedroom, 7,000-square-foot main house, a cottage, a carriage house, a guest house, tennis courts, gardens, trout ponds and riding trails. The home was built in 1955 by George Vanderbilt, grandson of railroad and steam ship magnate Cornelius Vanderbilt.

During their 35-year ownership of the ranch, the Vanderbilts entertained such celebrity guests there as John Wayne, Ginger Rogers, Clark Gable and President Harry S. Truman.

The National Auction Group of Gadsden, Alabama, is handling the auction.

Hot Property runs Thursdays in SoCal Living and Sundays in Real Estate. Ryon may be reached at [email protected].