Hot Property: Max Pavelsky

The beachside estate owned by the Max Pavelsky family sold for $36.5 million. (

The family of philanthropist Max Palevsky has sold his mansion in Malibu for $36.5 million.

The Mediterranean villa sits on 6.62 acres with 339 feet of beachfront, a swimming pool, a spa, a lighted tennis court with a half bathroom and a guesthouse. There are two offices, a theater, seven bedrooms, 8.5 bathrooms and 11,313 square feet of living space.

Palevsky, who died in 2010 at 85, was an early computer magnate and an arts supporter. He helped found Scientific Data Systems and establish chip maker Intel.

Jack Pritchett of Pritchett-Rapf & Associates and Chris Cortazzo of Coldwell Banker's Malibu West office were the listing agents. Jeffrey Chertow of Pritchett-Rapf represented the buyer.