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But it would appear the .76-acre lot is insufficient for their grand plans, so the young couple have quietly laid out an additional $9.5 million for the house immediately next door.A Variety and iHeartRadio PodcastThe flag lot spread lies down a long driveway, spectacularly situated on the rim of the Riviera.
https://variety.com/gallery/bobby-murphy-house-palisades/bobby_murphy_house_4 The world-class views stretch for miles — to the Pacific Ocean, Catalina Island and beyond.And the future new Bateman-Murphy estate happens to be located on what is arguably the Palisades’ most coveted street. Other neighboring homeowners include Kate Hudson, Michelle Pfeiffer, Molly Sims, Reese Witherspoon, Sam Raimi and Conan O’Brien, just to name a few.Since the latest real estate purchase was never on the market, photos are nonexistent and details remain scant at best. Bobby Murphy's House (Google Maps). However, tax records do reveal the property contains a sprawling ranch-style abode that was originally built in 1969, underwent a significant remodel in the early ’80s, and has four bedrooms and five baths in roughly 4,500 square feet of living space. Pardee Properties Even though Snapchat rejected a $3 billion offer from Facebook, co-founder Bobby Murphy is apparently still rolling in dough. Snapchat billionaire Bobby Murphy bought his neighbor's house in Pacific Palisades. Bobby Murphy Drops $9.5 Million on House Next Door – Variety Click to expand the Mega Menu Bobby Murphy's new house. On top of the $29 million already spent for the land alone, of course.Shockingly — or perhaps not — Murphy and Bateman have already demolished that historic estate and are now fashioning a new, substantially larger mansion of their own custom design. Bobby Murphy is an Internet entrepreneur and engineer. While Murphy’s plans for the former Borman property are not yet publicly known, it seems safe to assume he will demolish the house, combine it with his now-vacant estate next door, and subsequently spend many millions building a compound worthy of their 1.5-acre property.