Cindy Crawford and Rande Gerber sells Malibu compound for $45 million- Neal J. Leitereg-By NEAL J. LEITEREG

Cindy Crawford and Rande Gerber have sold their Malibu home for $45 million. (Rich Fury / Getty Images)

Cindy Crawford and Rande Gerber sells Malibu compound for $45 million

 Neal J. Leitereg
By NEAL J. LEITEREG
Supermodel Cindy Crawford and her husband, businessman Rande Gerber, have sold their renovated compound in Malibu’s Encinal Bluffs area for $45 million, records show.
The couple bought the three-plus acre estate and an adjacent parcel of about 2.75 acres in 2015 for a total of $50.5 million. The neighboring property was not included in the sale, which closed earlier this week.
Set behind walls and gates, the blufftop residence features 5,300 square feet of living space, four bedrooms and 5.5 bathrooms. Interior details include custom built-ins, natural materials and white walls that make for a casual beach aesthetic. Walls of windows and pocketing doors are centered toward the ocean.
Wrap-around decking and terraces create additional living space outdoors. The scenic property also includes a tennis court and a swimming pool. At the edge of the property is a pathway that leads to the beach below.
Crawford, 52, took to modeling in her teenage years and has appeared on hundreds of magazine covers.
Gerber, 56, is a former model and a nightlife industry businessman. He co-founded the tequila brand Casamigos with actor George Clooney.
The couple originally put the compound up for sale in 2016 for $60 million before dropping the price last year by $10 million. They own other property in Los Angeles, including a Beverly Hills home they bought last year from OneRepublic frontman Ryan Tedder.
Christopher Cortazzo of Coldwell Banker Residential Brokerage and Kurt Rappaport of Westside Estate Agency were the listing agents. Jade Mills, also of Coldwell Banker, represented the buyer.