Simon Berlyn
- Karlie Kloss and Joshua Kushner spent $29.5 million on a house on one of Malibu's coveted beaches.
- Wave House, once owned by singer Rod Stewart, was listed for the first time in 36 years in 2023.
- The mansion, designed by architect Harry Gesner to look like cresting waves, has six bedrooms.
Karlie Kloss and Joshua Kushner are the new owners of an iconic Malibu property, The Wall Street Journal exclusively reported on Monday.
According to unnamed sources familiar with the deal who spoke to the Journal, the supermodel, 32, and the billionaire venture capitalist, 39, purchased Malibu's Wave House for $29.5 million over a year after it hit the market for the first time since 1987.