Archive for January, 2009

Jan 31 2009

Understanding The Malibu Real Estate Beach House Market

Published by Malibu Real Estate under Uncategorized

How can two Malibu beach houses, similar in size, beach frontage, and condition, located on the same road , AND just a few lots away from each other be priced $5,ooo,ooo or more apart? Answer: Beach Depth. Take the example below in the photo showing the Malibu Colony. There is one section “within the gates” and one section “outside the gated”  on Malibu Road. Notice the houses on the beach in the Colony that have wooden sea walls with stairs leading down to the sand. At high tide there will be no dry sand and a few waves might even bounce of the wall. Now take a look at the section where there is 20-60 feet of depth to it with dry sand. In this photo you can see where the last high tide came up to and how the residents of this section still had a dry sand beach to enjoy. That’s the  big difference and what can affect the price, in the millions, for a Malibu beach house.Malibu Beach house for sale

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Jan 26 2009

Price Chops For A Malibu Beach House.$18,000,000 Price Reduction. Ouch!

Published by Malibu Real Estate under Uncategorized

This is the biggest price drop I’ve seen in the Malibu Real Estate market, ever. Starting out $39,500,000, this ocean front property has been chopped to $21,500,000 in 4 short months. That’s an $18,000,000 chop in 120 days!  The home is located just south of the Paradise Cove pier and was recently  remodeled.

Here’s the MLS description……
ONE OF MALIBU’S SPECIAL GATED BLUFF & BEACHFRONT COMPOUNDS OVERLOOKING DESIRABLE PARADISE COVE. NEWLY COMPLETED & OFFERING A SEAMLESS TRANSITION BETWEEN INDOOR & OUTDOOR LIVING & ENTERTAINING IN A CASUAL, YET DRAMATICALLY ELEGANT SETTING. PROPERTY FEATURES: A SPECTACULAR MAIN HOME W/ OCEANFRONT INFINITY POOL & SPA, GUEST HOUSES & BEACH PAVILION ON APPROX. 81′ OF SANDY BEACH FRONTAGE. APPROX. 2.4 LANDSCAPED ACRES IN TWO PARCELS, WITH LIMITLESS COASTLINE & OCEAN VISTAS. THERE IS NOTHING LIKE IT!!

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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
Malibu Beach HouseMalibu Beach House

Listed with Ellen Francisco/ Coldwell Banker

2 responses so far

Jan 20 2009

New Life Guard Towers Invade The Malibu Beaches

Published by Malibu Real Estate under Uncategorized

A pair of new life guard towers were delivered to Leo Carillo Beach this week but it’s hard to say if the look any better than the old ones. The traditional wood structures have been replaced with a modern space pod that looks like it  was popped out of a mold at a gondola factory. The structures have the architectual curved roof that can be seen all over Venice and have unusual  angular protrusions towards the top of the side walls. The structures look like they’d be more at home in Disney’s Typhoon Lagoon where artificial is natural.

I’m  already missing the old weathered wood towers that have a distinctive patina only the sea and salt air can create. 

 

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One response so far

Jan 19 2009

Short Pay, Bank Owned, Foreclosure, REO and Deals In Malibu.

Published by Malibu Real Estate under Uncategorized

Here are the best deals in Malibu right now.  Call for showings and the “Low Down”. 310 699 8428 

31636 Sea Level Drive  A BEACH HOUSE!  $5,950,000 Near Broad Beach

BEACH FRONT LIVING- LIGHT, BRIGHT and a THIRD LEVEL DEN THAT OPENS TO VERY LARGE SUN DECK. GREAT MASTER SUITE ON THE WATER. GATED COMMUNITY. Seller has Ca. Real Estate License. SHORT PAY SUBJECT TO SELLER HAVING LOANS ACCEPTABLE TO SELLER.

Sea Level Broad Beach

Listed with Bill Mason Malibu Surf

  4134 MAGUIRE DR , MALIBU 90265  $1,099,000

REO/BANK OWNED FORECLOSURE!!! EXCELLENT, PRIVATE LOCATION IN THE HILLS OF MALIBU, JUST MINUTES TO PCH & THE BEACH. NEWER BUILT CONSTRUCTION W/LARGE ROOMS, OPEN FLOOR PLAN & HIGH CEILINGS. SPECTACULAR CANYON, MOUNTAIN, & PEEK-A-BOO OCEAN VIEWS FROM NEARLY ALL ROOMS & BALCONIES. LUXURIOUS MASTER SUITE W/FIREPLACE, PVT. BALCONY, DUAL VANITIES, LARGE WALK-IN CLOSET, & A LIMESTONE BATH W/SEPARATE STALL SHOWER & SPA TUB. ALL BEDROOMS EN-SUITE W/EUROPEAN STYLE BATHS. SPACIOUS COOKS KITCHEN & MUCH MORE

REO Bank Owned Malibu Home

Listed with Philip Boroda Coldwell banker

  6115 PASEO CANYON DR , MALIBU 90265 $1,625,000  

Totally redone home in prime Malibu West location. Finest materials throughout with magical yard located on natural creek. Short pay, subject to bank approval. Deeded beach club and tennis court rights. Seller has California Real Estate License. 21549 PACIFIC COAST

Listed with Steve Karsh Malibu Surf

 

21549 PCH , MALIBU 90265  $1,399,000

La Costa beach landside ocean view home with 3 bedrooms & 2 baths. Open living room off of kitchen. Updated kitchen with granite counter tops and hardwood floors throughout. Wood beamed ceilings in family room. French doors throughout. Large private backyard with palm trees and lushly landscaped. Terrace & gardens with lots of entertaining decks. Large sun deck overlooking ocean. Home needs TLC. Walled and gated with La Costa beach rights. This is subject to a short pay -see private remarks Malibu Short Pay

Listed with Irene Dazzan-Palmer Coldwell banker

  1944 CORRAL CANYON RD , MALIBU 90265 $614,900  

Bank owned foreclosure. Charming 1bed/1bath home in the canyon of Malibu! HW, tile, & carpet. Kitchen appliances. Big garage. Views from many angels! Info herein is not verified by agent. Buyer to verify all info. & rely on their findings. All offers must be submitted on CAR form w/pre-approval (NOT pre-qual), copy of earnest money check +proof of funds (if cash offer) & agency disclosure. For a guarantee receipt of your offer please check our prvt. remarks for fax cover & faxing instructions.

Bank owned foreclosure Malibu

Listed with Joyce Essex Coldwell Banker

   2315 LIVE OAK MEADOWS RD , MALIBU 90265 $1,449,000

 Lender owned. REO. Reduced for immediate sale. You saw it on CBS series “Shark” (exterior shots). Striking home on almost an acre of land with outdoor patio kitchen, gas fire pit, and room for a pool. Assessor states 3 bedrooms, but most likely use is as 2 bedroom. Open floor plan with gourmet kitchen. Cannot last at with this price reduction. Must be seen. Bank Owned Shark HouseListed with Joan Shultz/Dilbeck

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Jan 12 2009

Home That Was Used To Film ‘The Bachelor’ and ‘The Bachelorette’ Is Still Looking For A Mate

Published by Malibu Real Estate under Uncategorized

The home once used for a popular TV series is now heading for a 50 percent off sale but has yet to secure a long term relationship with a buyer. The home originally came on the market in 08 for $12,995,000 and is now asking $6,750,000. That’s one whopper off a price drop in less than 12 months! That’s a half million a month off the original price!

I have been in the home a few times for the annual Range Rover Driving School events held there each year and will say that it is an incredible property and may well be worth the recent asking price. There is also substantial income generated with the events, weddings, and shows filmed there so an out of town buyer who wants rental income might work well. While not in Maibu, it is less than 10 minutes from the beach via Kanan, and 10 minutes to the valley.

Home for 'The Bachelor' and 'The Bachelorette'

 

 

 

Home for 'The Bachelor' and 'The Bachelorette'

Listed with Mark Miller of BarCode Properties

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Jan 04 2009

Some Great Houses For Sale On Point Dume!

Published by Malibu Real Estate under Uncategorized

Of all the Malibu neighborhoods, Point Dume has always been one of the most desirable places to live in. There are private beaches, a great elementary school, and a genuine sense of community. Here are two great homes for sale on “The Point”. Call 310 699 8428 for showings. 

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.

Point Dume Real Estate

Point Dume Real Estate

 

Point Dume Real Estate

Point Dume Real Estate

The home is listed with Matt Rapf of Pritchet-Rapf

From the MLS

The Finest Home In Hampton Place! Stunning Cape Cod home in a private, gated, 6 home community in Point Dume. Just minutes from schools, shopping & the beach! Located at the end of a long driveway, a “Salt Box” Hampton’s style home uniquely situated with ocean & mountain views. 4 & 3 in the main house and a detached two-story gst hse w/office level, bed, & bath. Immaculately redone inside and out with impeccable taste and style, on over an acre of manicured landscaping. Riviera II beach rights! $3,250,000. Call for details. 310 699 8428 

 

Point Dume Real Estate

Point Dume Real Estate

 

Point Dume Real Estate

Point Dume Real Estate

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