Steven ‘Bo’ Belmont purchased the wrecked Tadao Ando-designed home for just $21 million, and raised millions more to fund its restoration. Can he make it a ‘piece of art’ once again?

Malibu Road, bought at a 60 percent discount from its January listing price, represents Belwood’s largest single-family residential project to date. It’s also the buzziest by virtue of the home’s former owner and the treatment of the property by West, who now calls himself Ye. (See accompanying photo slideshow from a walk-through of the property.)