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Britney's K-Hole is Malibu's Least Wanted

Oct. 27 2008, Published 7:07 a.m. ET

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SEX TAPE SET? Where the magic happened Britney Spears's former lovenest with FedEx—complete with a $130,000 nursery and recording studio—is the cheapest piece of real estate on the Malibu market, "realtor to the stars" and Brooklyn gentrification sensation Barbara Corcoran tells Star in the issue hitting newsstands tomorrow. The eight-bedroom, eight-bath compound is "cheap by Malibu standards. The next cheapest house on the local market now is $21.5 million," she says.

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Thirteen and a half mill might seem like a steal to PCH-prowling real estate hounds, but remember: Britney's "country." And that kind of cash buys one hell of a double wide, a whole cardboard box full of pitbull pups, and an assload of pork rinds. Or almost 85 <a href="

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Images of the K-Hole in its heyday after the jump



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