Flea's Malibu Home Relisted at $7.99M After Five Price Cuts

Red Hot Chili Peppers bassist Flea relisted his Malibu Colony home at $7.99 million on August 5, 2026, per Realtor.com. The gated beachfront property has carried five asking prices since February 2022 — $9.8M, $8.8M, $8M, $8.5M, and now $7.99M — a cumulative cut of roughly 18.5%. Even celebrity-cachet enclaves face slow price discovery: the market finding what buyers will actually pay.