Kanye West’s former Malibu mansion back on the market for $34.9 million — three years after rapper gutted the architectural gem

Kanye West’s hollowed-out former home is back on the market for the fourth time in five years. 

The concrete Malibu mansion designed by a world-renowned starchitect relisted this week for $34.9 million, just months after going into contract.

West made headlines in 2022 after he gutted and subsequently abandoned the iconic residence. This most recent listing, first reported by Realtor.com, marks yet another period of uncertainty in the box-like home’s unhappy history. 

The Montana-based luxury developer and builder Andrew Mazzella entered into contract in March for the half-restored home. 

The deal between Mazzella and the crowd-funded firm that took the property off of West’s hands has reportedly dragged on ever since, Mansion Global reported.

Mazzella told the outlet that the unique property is “a very complicated construction project,” and said that negotiations are still ongoing.

“I consider my business style to be that of Trump, Musk and Carl Icahn combined, so it’s not an easy process,” Mazzella told Mansion Global.

Pritzker Prize-winning architect Tadao Ando designed the minimalist four-bedroom home, dubbed “Little Ando,” in 2013. Ando is the mastermind behind Jay-Z and Beyonce’s own Malibu manse, a record-setting property called “Big Ando.”

West bought “Little Ando” for $57.25 million in 2021.

West, who had his legal name changed to “Ye,” then gutted the rare Ando home. The controversial music mogul reportedly sought to turn the abode into his own personal “bomb shelter,” and “bat cave.”

The rapper soon deserted the effort, however, leaving the concrete shell open to the elements between 2022 and 2023. 

The crowdfunded real estate firm Belwood Investments snapped up the property in 2024 for just $21 million — $14 million less than what West originally asked. The firm, helmed by developer Steven “Bo” Belmont, began an ambitious restoration of the property, installing all new framing, plumbing, roofing and electrical work.

Belwood’s 500-plus investors were set to receive an early payday after the firm listed the semi-restored property for $39 million earlier this year. It quickly entered into contract with Mazzella’s company Andrew Mazzella Ventures LLC in March for an undisclosed sum upwards of $30 million, the Wall Street Journal reported.

Mazzella made a cash offer on the still-windowless “Little Ando,” the outlet reported, with plans to finish and relist the property for between $55 to $65 million.

Now, however, the fate of the architectural gem is in limbo once more. 

The deal between Belwood and Mazzella was set to close in May, Mansion Global reported, and construction is currently halted. Mazzella told the outlet that the parties are “still negotiating,” and that he would keep looking for other investment opportunities if this deal falls through.

As of Wednesday, the three-story home is up for grabs for $34.9 million.

Jason Oppenheim of the Oppenheim Group and Mauricio Umansky of the Agency still hold the listing. Oppenheim represented West in the previous sale to Belmont.