In Malibu, Calif., the beachfront home of retired ice-hockey star Chris Chelios is coming on the market for $75 million.
Mr. Chelios, who retired from the National Hockey League in 2010, purchased the house for $6 million in 2003 with his wife, Tracee Chelios, records show. Mr. Chelios said they live primarily in his native Chicago, but the Malibu property has long served as a getaway for the couple and their four adult children.
Located in the exclusive Paradise Cove area, the property contains a four-bedroom main house on a bluff overlooking the beach, which connects via a private stairway to a one-bedroom guest bungalow closer to the sand. The guesthouse level has three large decks for entertaining, dining and stargazing, Mr. Chelios said. One is set up with a hot tub and a barrel sauna.
The tri-level main house dates to the 1980s and spans about 3,795 square feet, according to the listing with Chris Cortazzo at Compass. It has high ceilings, skylights, a fireplace and a wall of windows that opens to the outdoors. A loft-style bedroom on the top floor has ocean views.
Mr. Chelios said his love affair with Malibu began in the mid-1990s, when he was playing for the Chicago Blackhawks. After a game against the Los Angeles Kings, he was introduced to the actor Tony Danza, he said. Mr. Danza, who had a home in Malibu, espoused the joys of living in the beach city, and Mr. Chelios was intrigued. He and his wife decided to check it out, and ended up renting a Malibu home. They went on to own two homes there, spending summers on the beach with the family even as they frequently moved from city to city for his hockey career.
In Malibu, “there were no distractions,” Mr. Chelios said.
In the early 2000s, he heard that a large property was coming on the market in Paradise Cove, so he made inquiries. It turned out the seller was a friend of a friend, who wound up taking his offer over several others. “He gave me the deal of the century,” Mr. Chelios said. Over the last decade, he and his wife gradually updated the main house, adding more modern fixtures and redoing the windows and bedrooms, he said.
When in Malibu, the family spends most of their time outside, the hockey veteran said. He and two of his children surf, he said, so they frequently paddle up to a popular spot for waves at Point Dume. He said he also enjoys the sunrises, which light up the cliffs “bright red” in the mornings.
The Chelioses are selling the property because they are now grandparents and want a vacation spot that is closer to their children, Mr. Chelios said, adding that they are thinking of buying a comparable property on Lake Michigan.
Mr. Cortazzo said the area where Mr. Chelios lives is known as “Billionaires’ Bluff” and is home to some of the most luxurious and sought-after homes in Malibu. One of Mr. Chelios’s neighbors recently sold a home for $91 million, for instance. Other recent transactions include a $100 million purchase by media billionaire Byron Allen in 2022, and venture capitalist Marc Andreessen’s 2021 purchase of a $177 million home.
Mr. Chelios said he finds it hard to fathom how much property values have risen in Malibu since he purchased there. “Never in a million years did I think this was going to happen,” he said.
Mr. Cortazzo attributed some of the value escalation in Malibu to the emergence of a new foreign buyer pool for homes in the area. “Malibu is just gaining so much international attention,” he said.
A three-time Stanley Cup champion, Mr. Chelios was one of the longest tenured players in NHL history, playing for the Blackhawks as well as the Montreal Canadiens, the Detroit Red Wings and the Atlanta Thrashers. Since retiring from playing, he has been a commentator and coach.