In Malibu, a $40-million home rises from Suzanne Somers’ empty land

In 2007, a fire destroyed four homes in Malibu, including the oceanfront cottage of “Three’s Company� star Suzanne Somers. After the beach house burned down, Somers left the land empty and eventually sold the two side-by-side lots for a combined $12.03 million in 2016.

Developers spent the last few years building a sleek, custom home on the double-lot property, and it just surfaced for sale at $40 million.

It’ll be one of city’s priciest sales of the year if it gets anywhere close to $40 million, but in a year when Malibu redefined the ceiling of the Southern California real estate market, anything is possible. In October, billionaire venture capitalist Marc Andreessen paid a California-record $177 million for a coastal compound on 7 acres just a few miles west.

Somers’ former estate is a bit smaller, with the two lots combining for about a third of an acre but still features 100 feet of beach frontage. Supported by 27 caissons that run 60 feet deep, the two-story home hovers just above the water with multiple decks overlooking the ocean.

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The modern home.  (Marcelo Lagos and Simon Berlyn)

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The open floor plan.  (Marcelo Lagos and Simon Berlyn)

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The kitchen.  (Marcelo Lagos and Simon Berlyn)

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The living room.  (Marcelo Lagos and Simon Berlyn)

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The dining area.  (Marcelo Lagos and Simon Berlyn)

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The lounge.  (Marcelo Lagos and Simon Berlyn)

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The bar.  (Marcelo Lagos and Simon Berlyn)

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The bedroom.  (Marcelo Lagos and Simon Berlyn)

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The bathroom.  (Marcelo Lagos and Simon Berlyn)

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The pool.  (Marcelo Lagos and Simon Berlyn)

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The rooftop deck.  (Marcelo Lagos and Simon Berlyn)

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The oceanfront home.  (Marcelo Lagos and Simon Berlyn)

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The two-story home.  (Marcelo Lagos and Simon Berlyn)

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The garden wall.  (Marcelo Lagos and Simon Berlyn)

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Aerial view of the home.  (Marcelo Lagos and Simon Berlyn)

Wood accents the exterior and continues inside, lining floors and ceilings in the vast, open-concept living spaces. Walls of glass cover the backside of the home, and other highlights include heated floors, porcelain walls and a quartzite kitchen.

The 5,000-square-foot floor plan holds four bedrooms and 4.5 bathrooms. A swimming pool and spa are found off the main level, and the rooftop deck adds a hot tub and fire pit.

Somers, 75, appeared in “American Graffiti� in 1973 before starring in the sitcoms “Three’s Company� and “Step by Step.� In 2019, she and her husband, TV host Alan Hamel, paid $2.35 million for a designer-done home in Palm Springs.

Shen Schulz of Sotheby’s International Realty holds the listing.