Just some quick notes on what people are doing, eating, or buying.
Private surf lessons
Last minute beach house rentals
Surf Monk bamboo robs
Eating at Cholada Thai
Raising your own veggies and keeping chickens
Getting breakfast burritos at Lilys
Riding surfboards made of sugar cane foam and pine sap resin
Putting a deposit on the new 4 door Tesla
Putting your kids in small surf camps like WestCoastRiders
Papa Jacks skate board park
Getting cupcakes at Crumbs at the new Malibu Lumber Yard
Writing offers on price chopped beach houses
A new bank owned home has hit the Malibu real estate market today. This 4 bedroom home is located just North of Broad Beach, has a pool, ocean views, is in a gated enclave, and is very close to the beach. Easy to show. $1,649,000
MLS description
” BEAUTIFUL 4 BEDROOM HOME SET IN A TROPICAL ENVIRONMENT. GATED ENTRY LEADS TO PRIVATE ENCLAVE JUST STEPS TO THE BEACH. FEATURES INCLUDE: LIVING ROOM WITH FIREPLACE AND WALL TO WALL WINDOWS TAKING ADVANTAGE OF THE OCEAN AND SUNSET VIEWS. WRAP AROUND BALCONY OVERLOOKS THE BACKYARD WITH STONE POOL AND SPA WITH PLENTY OF OPEN GRASS AREA. GORGEOUS INTERIOR AND EXTERIOR FINISHWORK WITH LOTS OF WOOD AND NATURAL STONE. GUEST QUARTERS WITH FIREPLACE, PRIVATE BATH AND OUTSIDE ENTRANCE. WINE CELLAR ETC.”
If you were priced out of the beach house market in Malibu a few years ago, now may be your best time to to pick up a great deal on the sand. Let’s take a quick look at some homes that have had their asking prices substantially reduced. Click this link to be taken to an MLS search for all beach houses in Malibu.The user id is x55032 and the password is beach
31310 Broad Beach Road Original List Price $12,500,000 Now at $7,900,000
Listed with Tony Mark / Prudential
7049 Birdview Original List Price $19,950,000 Now at $15,995,000
Listed with Chris Cortazzon/Coldwell Banker
27348 Escondido Beach Road Original List Price $12,500,000 Now at $8,995,000
Listed with Michael Novotny / Prudential
31636 Sea Level Drive Original List Price $8,400,000 Now at $5,950,000
Listed with Bill Mason/ Malibu Surf
Two Million Dollar mobile homes? Yes, only in Malibu. Even during a depressed real estate market, someone was willing to pay over $2m for one of the finest mobile homes ever offered within the Malibu real estate market. The deluxe park “coach” sits on the same stretch of bluff where nearby homes range from $10-$30m. The price may seem high but when you factor in that you are above the water and can walk down to a private beach, it may be the most affordable way to live large in Malibu.
The mobile home was listed with David Carter/ PRapf
Here’s a good Malibu Real Estate deal for under $1,000,000. A house up Latigo with over 3000 sq.ft., 4 bedrooms, 3 baths, and a 2 car garage. The home has great canyon views and contemporary architecture. The home is listed for $999,000, down from $1,250,000. Call for a showing. 1 310 6998428
The home is listed with Michael Cunningham of PRapf
So far about 20 people have emailed me requesting info on the above mentioned types of sales within the Malibu Real Estate market. If you are searching for one in Malibu or Topanga, just send an email requesting the list and give me a price range so I can put you on a watch list. There aren’t a ton but I am seeing some good deals pop up. Keep in mind that there are plenty of others out there that have the same idea of jumping on something when it comes up. The last condo closed up almost 10% above asking! So be ready when opportunity knocks!
There are currently 16 properties for sale in this category. There is one beach house at $5.9m and a large, 7200 sq ft home for $3.9m in a gated community with expansive ocean views. There are also a few condos, and some “challenging to build on” pieces of land for sale. E-mail Me!
Check out past articles on Reo, Bank Owned, Short Pays.
Real estate activity on Point Dume has been heating up with several homes receiving offers and some heading in to escrow. There are three homes under $2.5m that have been very busy on the weekends with showings lined up back to back by the listing agents. The best real estate deal on Point Dume is the little ranch house on the corner of Fernhill and Wildlife. The house is “Leave It To Beaver” original ranch style and appears in very good condition. The home sits on a large flat lot that is near half an acre with access on both streets. The best part of all is that the home is located about 1 minute from the private beach cove called Little Dume. The home has deeded beach rights, which adds significant value to it over say, homes in Malibu Park, or elsewhere. The home is listed at $1,995,000 an I’d call the owners “motivated”.
The MREB first brought this to it’s readers attention a few weeks ago with this article. Link Here. Call for a showing at any Point Dume Home. 1 310 699 8428
If you consider yourself a Point Dume “Buyer” and would like updated emails about real estate just on Point Dume alone, then please email me and you will be signed up for a “drip” program that will keep you up to date with the market. Even if a home gets a price change, you’ll get the notice the minute it happens. A great tool for serious shoppers.
A new lease listing has hit the Malibu Real Estate market for a whopping $200,000 per month! You can only rent it for the month of July and you won’t even be able to set foot in the door until you are very pre-qualified. The deposit will be another $200,000 so be prepared to shell out almost a half a million dollars to get the lease started. The good news is that if you do rent it for a month you’ll be on Carbon beach, right smack dab in the middle of some big high rollers with mega pads. If you need the ultimate beach house, you’ve found it.
The Malibu Beach Home is listed with Stephan Shapiro/ WEA
A very unique Malibu Real Estate listing has surfaced this week on the MLS. The home not only has one of the best views in all of Malibu but also delivers incredible privacy. The home sits above the Malibu Pier and Surfrider beach and offers whitewater views from Palos Verdes to Point Dume. Check out the pics on the Flckr photostream. Call for showing 310 699 8428
So far about 20 people have emailed me requesting info on the above mentioned types of sales within the Malibu Real Estate market. If you are searching for one in Malibu or Topanga, just send an email requesting the list and give me a price range so I can put you on a watch list. There aren’t a ton but I am seeing some good deals pop up. Keep in mind that there are plenty of others out there that have the same idea of jumping on something when it comes up. The last condo closed up almost 10% above asking! So be ready when opportunity knocks!
There are currently 16 properties for sale in this category. There is one beach house at $5.9m and a large, 7200 sq ft home for $3.9m in a gated community with expansive ocean views. There are also a few condos, and some “challenging to build on” pieces of land for sale. E-mail Me!
Check out past articles on Reo, Bank Owned, Short Pays.
Thursday Update. The home is in escrow! Price reductions like that don’t last long. Call me from other deals on Point Dume and be ready to strike when you see big price reductions!
I’ve personally been to this house several times and love the open floor plan and high ceilings. The beach is a short, 3 minute drive on a golf cart, there’s a good sized back yard, and near Point Dume Marine Science elementary school. The price has been reduced and someone is likely to secure a great Point Dume property at a fair price.
From the MLS
Charming spanish residence located in a great neighborhood in Point Dume. Massive frontage on 1.61 lush acres. New kitchen with top of the line appliances opens up to living room and dining area. Awesome green belt and mountain views give this property an expansive and wide open feeling. This 4bd home has high ceilings, gorgeous wood and tile floors, and large courtyards. Priced to sell! Private Deeded Beach Rights included! Listed for $2,975,000. Reduced to $2,275,000. A great deal on Point Dume!
For Questions about real estate, leases, vacation rentals, and where to eat, call Michael Gardner
Prudential Malibu Realty
Cell
1 310 699 8428
Agents-Contact me if you are interested in purchasing a RE blog like this. Training available on the Wordpress Platform. Only offered to agents outside of my area. Call to discuss daily hits and up calls generated. To join my reciprocal link exchange. Email me your URL, Title Text, and Description. Your blog must be good for me to do it!
You can find great local Malibu, California real estate information on Localism.com Michael & Heather Gardner is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
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