Or Lease for $32,500/month. Exquisite equestrian estate set on over 5 acres of mostly usable, terraced land in desirable Malibu Park. With expansive ocean views, extreme privacy and over 12,000 sf of newly renovated living space, this estate offers a unique opportunity to all. Known as The Morning View Studios, this famous estate has a recording studio which has attracted artists such as John Mayer, The Black Eyed Peas, Fergie and Jason Mraz. Featuring a one of a kind 3-story ball room that could not be rebuilt and seats 300+. Agriculturally zoned and has one of the largest flowering jade plants under cultivation. The estate also has the potential to grow wine producing grapes for private label wine. The property has been developed for the equestrian lover with over a mile of roads surrounding the equestrian facilities that include a barn, paddocks, area, turn-outs and ocean view pastures.