The Malibu Real Estate Blog

You are missing out if you haven’t had a chance to check out the Malibu Farmer’s Market on Sundays. I finally had a chance to check it out over the weekend and walked away full from the samples of food all the vendors were willing to give out! We ended up buying some freshly made goat cheese, a loaf of wheat baguette, some Afghan spinach bread, and some tortillas made out of 100% cactus! The best looking thing there was the crepe bar and the BBQ guy. He gave me a sample of some baby back ribs and I’m telling you the truth…..you could eat the bones! Not only was the meat falling off the bones but the bones too were falling off the meat and would disintegrate from the long cooking times! Enjoy the pics and contact us for any Malibu real estate needs.

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One of the areas highest price listings got a price chop with $15m being lobed off the original $65m asking price. The grand wine estate hit the real estate market a few months back and was among the top five most expensive listings for sale in the Los Angeles area. The homes sits on one of the highest promontories in the Santa Monica mountain range and has jet liner views including a fair amount of blue ocean over Malibu. $49,000,000 now gets you your own “king of the mountain” estate with a vineyard that is ready to bottle a good amount of wine.

From the MLS “HUGE PRICE REDUCTION! Exceptional Rocky Oaks Estate consisting of 37 acres w/spectacular 360 degree views of the ocean & vistas of city lights & park-lands. Featuring an award winning vineyard, newly completed magnificent Tuscan home w/additional pads for GH, guard house & possible helipad, this estate encompasses acres of terraced vineyards & lush hillsides filled w/orchards. Designed by esteemed architect Bob Easton, this 9,000 SF grand home offers state-of-the-art amenities inc. infinity pool & outside loggia. A VERY SPECIAL PROPERTY!”
listed with Sally Forster Jones CB

Angelyne, Malibu’s iconic goddess of plastic surgery and all things pink, placed her condo for sale last night. The American model and occasional actress who became an icon of Hollywood and Los Angeles is best known for purchasing billboards advertising herself like this one. The condo, located in the civic center area of Malibu, looks to be as unique as the owner herself with a plethora of pink accenting every nook and cranny. The Pièce de résistance is undoubtedly the master bedroom with it’s pink, 80′s style lacquer bedroom set covered in a sea of shagadelic pink quilts. The decor is truly a work  of art and I think it should preserved as a museum highlighting fine interior design! The only thing missing is some Patrick Nagel litho’s on the wall.

Here’s the low down….it’s really priced well for a three bedroom ocean view condo in Malibu. It’s a short sale and will likely go out at a better price than the asking of $575,000. Not sure what kind of work it needs but you can bet if they are serving pink Hostess Snowballs at caravan I’m going to check out the lair!

From the MLS “Great property in Malibu, NEEDS TLC & UPGRADES. Great ocean views. 3 bd 4 bath townhome/condo with great potential.”

Kate Novotny from our Malibu Prudential Real Estate office has a great new listing on Malibu Road. The 5 bedroom beach house sits on a great section of  dry, sandy beach and is right near several great surf spots. Unique to this beach house is the grassy court yard and large ocean view guest above the garage. It sits a little bit further out than the neighboring homes and has incredible views of Point Dume.  The price is right too coming in at just under $8m. If you didn’t know already, Malibu Road has two things going for it that make it more preferable than other beach house areas: dry beach and no PCH noise like the homes south if the pier. Check out a few photos from the sunset shoot I took a few days ago during the Santa Ana’s. From the MLS “OPEN THURSDAY, NOV. 11TH, 9:30AM TO 2PM – LUNCH – WALLED AND GATED CONTEMPORARY HOME WITH COURTYARD ENTRANCE AND DETACHED GUEST HOUSE ON MUCH SOUGHT AFTER MALIBU ROAD. GREAT CLOSE IN LOCATION AND UNIQUELY SITED ON A PROMONTORY WHICH AFFORDS TREMENDOUS PRIVACY AND STUNNING VIEWS BOTH TO THE EAST AND WEST ALONG THE BEACH. STEP DOWN 2 STORY LIVING ROOM WITH FLOOR TO CEILING GLASS, HIGH VAULTED CEILINGS, LIMESTONE FLOORS, DRAMATIC OCEAN FRONT MASTER SUITE AND 3 ADDITIONAL GUEST BEDROOMS IN THE MAIN HOUSE. CHARMING AND PRIVATE GUEST HOUSE IS LOCATED ACROSS THE COURTYARD. TRULY EXQUISITE!”

24164 Malibu Road, Malibu Cal 90265

What’s your opinion? Over priced hype? OR  Amazing at any price?

From the MLS “LA VILLA CONTENTA. ONE OF THE WORLD’S PREMIER PROPERTIES AND NEVER BEFORE LISTED FOR SALE. THIS ULTIMATE COMPOUND IS LOCATED ON APPROX 8 ACRES OF THE MOST PRIME BLUFF TOP THAT MALIBU HAS TO OFFER. PROPERTY INCLUDES A GUEST HOUSE, POOL HOUSE AND OFFICE SPACE WHICH CAN BE USED AS A 6 BEDROOM SECOND HOME. GATED, WITH INCREDIBLE PRIVACY, AMAZING ENTERTAINING AREAS, INFINITY POOL, GRAND THEATER, PONDS, TENNIS COURT. THIS PROPERTY ALSO INCLUDES APN’S 4460-023-009; 4460-023-007; 4460-023-008″

listed with Chris Cortazzo CB

Recent sales activity on Point Dume in Malibu again shows that the real estate market is alive  and well on the Point. Numerous homes have sold or have gone in to escrow in the last 2 months. A significant deal may  have closed last week where a home and lot were purchased together somewhere in the neighborhood of $15m. This particular sale is interesting in that the home was not listed for sale in the MLS*  and is on a street  where another large sale took place a few years ago where a well know local  knocked on a door and offered a sum of money the home owner could not refuse.

*Note about listing….The home had been previously listed for sale and lease in the MLS. The listing in the MLS offering it  for sale expired on 8/16/1020.

Call me if you’d like to see homes for sale on Point Dume and don’t want to have to knock on any doors.

Mike Gardner 310 699 8428