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With his new deal at HBO and the freshly-launched “Bill Simmons Podcast Network,” Bill Simmons has reportedly upgraded his living arrangements, purchasing a $7.5 million house along Malibu’s exclusive Carbon Beach, also known as “Billionaires’ Beach.”

Mark David of Variety dug up the details on the new purchase using county tax records and other sources.

The house is a “humbly sized … not-quite 1,500-square-foot, two-story cedar-shingled residence,” with three bedrooms and three baths. According to David, Simmons and his wife also own a 4,200-square-foot home in L.A.’s historic Hancock Park, which they bought for $3.1 million in 2007.

While Simmons may not be a billionaire, many of his new neighbors are, making it one of the most exclusive enclaves in the country. It also shows that Simmons’ budding media empire is already taking off.

Below we’ll take a closer look at what makes Carbon Beach so exclusive and some of Simmons’ new neighbors, some of whom have sports ties.

Madeline Stone, Julie Zeveloff, and Meredith Galante contributed to this story.

The nearly 1.5-mile-long Carbon Beach sits between the Pacific Coast Highway and the ocean, and includes about 70 residences, just north of Santa Monica.

The area is better known as “Billionaires’ Beach” as many of the homes are owned by some of the biggest names in entertainment and tech, as well as lawyers, and financiers.

The area has made headlines in recent years as residents fought to limit access to the public beach. However, after a decade-long legal battle, more access pathways will be built.

Read more: Malibu’s exclusive ‘Billionaire’s Beach’ is now open to the public after a decade-long legal fight

See the rest of the story at Business Insider

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