Malibu beach house of late billionaire Jerry Perenchio seeks $14 million

An oceanfront home owned by the estate of late billionaire businessman A. Jerry Perenchio is for sale at $13.95 million.

Set in guard-gated Malibu Colony and dating to 1928, the oceanfront spread sports a façade of brick and weathered wood.

Inside, the 3,700 square feet of white-walled living space...