A top-ranking Netflix exec just bought this gorgeous $20 million home in Malibu — look inside

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Netflix Chief Content Officer Ted Sarandos, who has acquired new programming for the company since 2000 and who received $18.9 million in compensation in 2016, recently purchased a Malibu property for $20 million with his wife, Nicole Avant, Variety reported.

The oceanfront, three-story home is a modern-day Italian palazzo with beach access and a guest house.

Sarandos purchased the property from Los Angeles-based financier J. Blair Frank, who had rented the property to Janet Jackson in 2009. Sarandos and Avant also own another home in Malibu.

Take a look at the gorgeous space, below.

The property is 4,636 square feet.

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Views and easy access to the beach can be enjoyed from the large patio, which has various lounge areas.

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The interior of the living and dining room also provide an open view.

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The floors throughout the house are either polished concrete or wide plank wood floors.

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The home has four bedrooms ...

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... one of which has built-in bunkbeds.

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There's also a high-ceiling, subterranean entertainment room.

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The bathrooms have spa-like showers.

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Easy access to the beach from the house is a perk.

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Or, there's a pool to enjoy in the back of the house.

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Across the pool is a 600-square-foot guesthouse.

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There are two bedrooms in the guest home.

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