Kanye West Finds Buyer For Gutted Malibu Mansion, Home in Escrow

The champagne is on ice for Kanye West ... because he's finally found someone willing to plunk down a fortune for the Malibu estate he completely gutted.

Kanye's place on the beach in the 'Bu went into escrow last Thursday ... according to online records.

BEFORE BEING GUTTED

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Ye's been trying to unload the place for a minute now, and it got to the point in April that he chopped $14 million off the original $53 million price tag from January ... dropping the asking price down to $39 million. We don't know how much the buyer agreed to pay.

Remember ... Kanye totally gutted the place as part of a makeover he never completed ... so this is definitely a fixer-upper.

Heck, the place doesn't even have walls and feels almost uninhabitable ... so a lengthy, and costly, overhaul is in order for this potential new owner ... that is, if escrow actually closes.

Kanye turned to "Selling Sunset" star Jason Oppenheim to find a buyer ... and it seems like he's delivered. Jason's hyped the property as a blank canvas.

COOL CELEBRITY CRIBS

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Overall, the property is 4,000 square feet with 4 bedrooms, 5 bathrooms, outdoor decks and sweeping views of the Pacific Ocean.

It will be interesting to see the final vision for this place once the dust settles.