Take a tour of 'Billionaires' Beach,' the exclusive Malibu neighborhood where Bill Simmons recently bought a house
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Bill Simmons' new deal at HBO got off to a shaky start, but his other HBO interests, along with the freshly launched "Bill Simmons Podcast Network," and his "The Ringer" website suggests his budding media empire is still strong. As a result, Simmons has reportedly upgraded his living arrangements, purchasing a $7.5 million house along Malibu's exclusive Carbon Beach, also known as "Billionaires' Beach."
Mark David of Variety dug up the details on the new purchase using county tax records and other sources.
The house is a "humbly sized ... not-quite 1,500-square-foot, two-story cedar-shingled residence," with three bedrooms and three baths. According to David, Simmons and his wife also own a 4,200-square-foot home in LA’s historic Hancock Park, which they bought for $3.1 million in 2007.
While Simmons may not be a billionaire, many of his new neighbors are, making it one of the most exclusive enclaves in the country.
Below we'll take a closer look at what makes Carbon Beach so exclusive and at some of Simmons' new neighbors, some of whom have sports ties.
Madeline Stone, Julie Zeveloff, and Meredith Galante contributed to this story.
The nearly 1.5-mile-long Carbon Beach sits between the Pacific Coast Highway and the ocean, and includes about 70 residences, just north of Santa Monica.
Bing MapsThe area is better known as "Billionaires' Beach" as many of the homes are owned by some of the biggest names in entertainment and tech, as well as lawyers and financiers.
Google MapsThe area has made headlines in recent years as residents fought to limit access to the public beach. However, after a decade-long legal battle, more access pathways will be built.
(AP Photo/Reed Saxon, File)Read more: Malibu's exclusive 'Billionaire's Beach' is now open to the public after a decade-long legal fight
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