November 06, 2011|By Lauren Beale, Los Angeles Times
Red Hot Chili Peppers bassist Flea, whose given name is Michael Balzary, has sold his newly built Malibu house for $3.15 million. The two-story contemporary had come on the market in June at $4,795,000.
Designed by Marmol Radziner, the indoor-outdoor home sits on 1.36 acres with a free-form pool and an outdoor fireplace. There are three bedrooms, three bathrooms and an office in more than 3,000 square feet.
Flea bought the previous house on the site in 2002 for $2.55 million, but it burned in the 2007 Malibu fires, according to The Times' archives.
The musician owns another house in Malibu that was purchased in 2006 for $9.98 million
Flea, 49, is a founding member of the Grammy-winning band, whose 10th album, "I'm With You," was released this summer.
Sandro Dazzan and Irene Dazzan-Palmer of Coldwell Banker's Malibu Colony office were the listing agents. Jill Reeder of Levin Group represented the buyer.