Barbie dream house relocation: Mattel doll sells Malibu manse (Video)

Barbie has enjoyed her Malibu dream house (properly known as the Barbie Malibu Dreamhouse) with all its perky pink accessories for a long time now, but the Mattel doll is moving on from the California digs she has enjoyed since 1971. According to Yahoo! via Business Wire on Feb. 7, Barbie has launched a worldwide search for her new place of residence with the help of Mattel.

Meanwhile, that iconic pink palace Barbie has called home for more than 40 years has gone up for sale. Indeed, the fancy coastal pad is up for grabs through realtor-to-the-stars Josh Altman, a broker with Hilton & Hyland and a cast member of Bravo's series "Million Dollar Listing." He has listed the luxury manse on Trulia.

So what's the cost to own this ultimate girly getaway that sits overlooking the Pacific Ocean in sunny California?

Listing price is a mere $25 million, and Barbie will need to get that if she wants to purchase a new dream home in another part of the world where real estate can be just as costly as it is in Malibu.

So where is Barbie moving while leaving behind her beloved home that features crystal chandeliers, a pink elevator, a step-up hot tub, reclaimed exotic wood walls, and a self-flushing toilet?

Mattel is not talking, but the fun-loving firm hints that the reveal will take place in the fall of 2013 when both the new house and a new playset will be unveiled.

Meanwhile, an entire team of trendy designers employed by the toy company is looking into where this new dream house will be located and what kind of architecture and interior design it will boast. Included in this creative crew who will come up with Barbie's new dream house is Lulu Dekwiatkowski, a celebrated textile designer, and Trina Turk, a renowned home product designer.

By way of background, Barbie's first home was also in Malibu. The place where this extremely popular doll lived back in 1962 was a far cry from the seaside estate it is today. But, over the years as Barbie grew up, so did the house where she lived. In fact, in total there have been 10 remodels of this particular place.

The newest, which debuted in 2012 and which was put to the scale of a real 8,500-square foot building, looks like the home of a celebrity or other successful career woman as reflected by its massive size, its immediate access to the beach, and its three levels overlooking the foamy sea that provide unobstructed views that seem to go on forever.

And so, while Barbie fans anxiously await the arrival of the new dream house that won't be in Malibu any longer, doll aficionados who love this well-endowed princess will need to play with her inn Barbie's current digs from Mattel until the big house with the many pink accoutrements is sold out from under them. Stay tuned.

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, Global News Examiner

Journalist Jane Lasky has been a news junkie ever since she learned to read. A stint in journalism school helped turn that unstoppable passion into an avid profession and she has been chasing the next story ever since.

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