Karlie Kloss And Josh Kushner Just Dropped $29.5 Million On Malibu’s Legendary Wave House. Take A Look Inside.

The estate of Mo Ostin — the late record executive known for signing Jimi Hendrix and The Kinks who was the home’s most recent owner — listed the property for sale in June of 2023 for $49.5 million.

Representatives for the couple and Zen Gesner, the real-estate agent on the listing and son of the Wave House’s visionary architect, did not immediately respond to requests for comment from Business Insider.

The beachfront property, with three rooflines shaped like cresting waves and topped with layered shingles evocative of fish scales, is nestled into a secluded cove in Western Malibu.

Kloss and Kushner — the brother of Donald Trump’s son-in-law, Jared Kushner, and youngest son of real-estate mogul Charles Kushner — would be the latest in a line of notable owners.

Take a peek inside their new digs, and find out more about the history behind the architectural icon.

Architect Harry Gesner designed the Wave House to mesh with the surrounding coastal landscape.

Before crooner Rod Stewart scooped it up in the 1970s, or record executive Mo Ostin bought it from him in 1980s, the so-called Wave House of Malibu was owned by Glenn and Gerry Cooper.

The Coopers were friends with Gesner, a California architect, and commissioned him to design a house for their family that epitomized their love of the outdoors. 

Gesner said his first sketches of the property were on a balsa wood surfboard, and they remained true to the finished product.

After the group found the site — a hidden cove with good surf up the coast from the famous Malibu Colony neighborhood — Gesner spent two days on a surfboard bobbing out at sea, peering back at the parcel.

It was on a 12-foot balsa wood surfboard that the architect first sketched the house with a grease pencil, the lore goes.

“It was exactly as it is now, in every way, thrusting out into the surf at high tide and nestled back in the sand at low tide,” he told Lisa Germany in her 2012 book “Houses of the Sundown Sea: The Architectural Vision of Harry Gesner.”

The house’s most notable feature is its roofline, with three oceanfront rooms shaped like cresting waves and large windows overlooking the churning sea.

For its quirky exterior that mirrors the swells of the Pacific Ocean it faces, Wave House has become an icon of California midcentury architecture since its completion in 1963. 

The three oceanfront rooms are ringed by 176 feet of curved deck overlooking the waves.

According to the listing, the primary suite is also located close to the beachfront deck.

Five other bedrooms, most of which have their own views of the ocean, are located on an upper level of the property. 

A smaller structure that doubles as a guesthouse and garage also houses other bedrooms. 

In contrast to the parts of the home that jut toward the sea, there’s also a section that settles into the rocky landscape behind the house.

“For me, as a mother, I experienced the inner space as an overreaching large bird with its body and two wings covering and protecting me and my brood, especially significant when the vagaries of tidal forces and storms brought the ocean surging under the deck,” Glenn told Germany.

Some speculate that the Wave House influenced Danish architect Jørn Utzon’s design for the Sydney Opera House.

To that, Harry replied, “I wish people would not insist that something looks like something else, but they do. It’s human nature and a bore.”

Rock star Rod Stewart purchased the home in the 1970s and sold it to the late celebrated music executive Mo Ostin in 1987.

The Journal reported that Ostin, who died in 2022 at age 95, oversaw Frank Sinatra’s Reprise label and signed acts like Jimi Hendrix, Prince, and Madonna.

He bought the Wave House from the original owners in 1987.

Gesner’s private residence next door, the Sandcastle, was put on the market around the same time as the Wave House.

Gesner, the architect, died in 2022 at the age of 97.

After designing Wave House, Harry bought land next door and built himself and his family a home inspired by sandcastles. 

Completed in 1974, the aptly named Sandcastle house hit the market in May 2023 for $27 million. The six-bedroom, six-bathroom property sold in February 2024 for $13.5 million. 

Gesner’s son Zen, a real-estate agent behind the sale of the Wave House, told the Journal that neither it nor the Sandcastle has landmark protection.

Zen Gesner told the outlet he feels confident buyers would not want to tear down the homes.

“It’s our hope that nobody ever has that intention,” he said.