The Malibu Real Estate Blog

Another smoking deal on a bank owned Malibu home for sale! Less than 5 hours ago a new listing hit the Malibu real estate market that will be gone shortly if you don’t act quick. Asking $1,119,000, this Malibu West home has three bedrooms and has been nicely upgraded. This Malibu home for sale also comes with beach rights at the Malibu West Beach club on Broad Beach. Call for a showing 310 699 8428 or request a list of bank owned Malibu properties for sale. Email for Bank Owned List
From the MLS….”BANK OWNED REO! GREAT OPPORTUNITY TO OWN IN DESIRABLE MALIBU WEST LOCATED ON A BEAUTIFUL TREE LINED STREET THIS SINGLE LEVEL HOME FEATURES 3 BEDROOMS AND 2 BATHROOMS. THE GARAGE HAS BEEN CONVERTED TO A DEN/OFFICE SPACE/ LIVING ROOM & FEATURES RANCH STYLE WINDOW OPENINGS. THE PROPERTY IS SITUATED JUST BEHIND A CREEK AND FEATURES A NICE GRASSY AREA AS WELL AS A COVERED SITTING AREA IN THE GARDEN AND CONCRETE/BRICK PATIO JUST OFF THE BACK SIDE OF THE HOUSE. GREAT HOME JUST BLOCKS FROM THE OCEAN.”

listed with J Cohen Re/Max

There are two homes in Malibu for sale that are worth seeing if you like modern architecture and jetliner ocean views.
The first home in Malibu that I’m a huge fan of is the listing at 27312 Winding Way. This one of a kind modern home is set in to the side of your very own private mountain with views looking over Paradise Cove and the bluffs of Point Dume. This is the home you buy if you want to be like Tony Stark in his Malibu Iron Man House. I’m not kidding when I say that this home has a similar views to what you’d see from a plane a 10,000 feet flying over Malibu. Also, if you need privacy and security, it’s got that too with only an occasional deer breaching the perimeter. It hit the Malibu real estate market at over $8m is now a deal at $6,750,000.
Form the MLS “STAGED & REDUCED! THE BRIDGE HOUSE, CHRISTOPHER R. SORENSEN AIA. INCREDIBLE OCEAN VIEWS FROM EVERY ROOM OF THIS PRIVATE GATED CUL DE SAC LOCATION. THIS BRAND NEW HOME IS COMPLETE AND READY FOR MOVE IN. RIFT SAWN OAK FLOORS, CONTEMPORARY STYLE AND A POOL WITH YOUR OWN MOUNTAIN TO HIKE AND ENJOY. GREAT SEPARATION OF THE PRIVATE AND PUBLIC AREAS MAKE THIS HOME IDEAL FOR ENTERTAINING. SELLER HAS HAD MEETINGS WITH THE CITY AND THE PROPERTY COULD EASILY HAVE A TWO ROOM GUEST HOUSE ADDED OVER THE GARAGE.” The website can be viewed here The Bridge House

The other Malibu home for sale is one of my personal listings in Malibu. The home is located at 5710 Trancas Canyon and is a one of a kind compound that includes a 5000 sq. ft. guest house that is perfect for use as a studio for an architect, photographer, or music producer. This home also sits on top of a mountain top and is very secure and private.From the MLS “THIS MODERN MALIBU ESTATE SITS ON 10 ACRES W/360-DEGREE OCEAN, MOUNTAIN, & CANYON VIEWS. APPX. 9700 SQ.FT IN 3 BUILDINGS. BUILT OF STEEL & GLASS, SUSTAINABLE MATERIALS & WATER FEATURES. THE MAIN RESIDENCE SITS ON TOP OF HILL W/LIVING AREA, DINING AREA, CANTILEVERED FIREPLACE, & CUSTOM CHEF’S KITCHEN. MASTER SUITE FEATURES ROOF THAT OPENS TO SKY, BUILT-IN CEDAR-LINED CLOSETS, & WALK-IN SHOWER THAT OPENS TO OUTDOORS. ON LOWER LEVEL OF MAIN HOUSE IS LAUNDRY ROOM, MEDIA ROOM, & OFFICE OR CAN BE USED AS 2 GUEST BDRMS W/BATHRM. THE ROOF HAS FIREPLACE, HERB GARDEN, & WATER FEATURES. DOWN DRIVEWAY IS STUDIO, WHICH IS SURROUNDED BY TURTLE & KOI POND. OPPOSITE STUDIO IS SOLAR-HEATED SALTWATER POOL, SAUNA, ENTERTAINMENT PAVILION, & POOL HSE W/KITCHEN & BATHRM. STUDIO HAS OFFICE W/CONFERENCE ROOMS, KITCHEN, BATHRM, & GUEST QUARTERS W/SEPT. ENTRANCE, BEDROOM/LIVING AREA, KITCHEN, & BATHROOM. DOWNHILL FROM STUDIO IS ANOTHER GUESTHOUSE W/GYM, BATHRM, & STORAGE. INCLUDES WEST MALIBU BEACH CLUB RIGHTS.”

One of the really fun things about being a Malibu real estate agent is that I get to go in to hundreds of homes for sale each year and check out people’s interpretation of  ”good style.” Most Malibu homes are decorated in a way that looks like they are fresh out of Metropolitan Home Mag, Dwell,  or from a Pottery Barn catalog — but every once in a while you run into something out of the ordinary. There is one condo for sale on Point Dume that is so unique I’m tempted to start a new game called the “Guess the number of Buddhas in this house?”

Before you start counting Buddhas,  there is one other fantastic thing worth mentioning about this Malibu condo: The unit was once owned by a well-known female lifeguard who has performed dozens of heroic rescues in local waters without any real training.

Before the current owner, she created a one-of-a-kind master bathroom in which the bather could be the evening’s entertainment viewed from anywhere in the master bedroom.  This bathroom has a spa tub with a nearby viewing platform (the bed) and  Roman cistern that one could pose naked next to pretending to fill the tub with recently fetched well water. Post-bath, one could saunter over to the fully exposed overhead shower with a faux finished rock grotto floor with no walls . . . just a curtain that looks like it was designed to be pulled shut in emergencies — like when  kids come walking in. The overall theme seems to be possibly influenced from a trip to Medieval Times with fake castle-style block walls and diamond patterned stenciling.

Back to the Buddha game. The first person that guesses the number closest to the right answer is going to win a custom-printed Malibu photograph. 
Email you answer

So if you are in market for a place on Point Dume that was once owned by a famous celebrity, can claim it has a “sexy” master bathroom with naughty bathing grotto, and has more cosmic  karma than Sedona at summer solstice, then you may have just found your next home.

All commentary aside (couldn’t resist) here is the low down….. I showed this place a few times and it’s a well priced condo on Point Dume with some very nice upgrades. While the bathroom will likely need a remodel, the floors and finishes in the rest of the house have had a lot of money  put in to them. The kitchen has nice cabinets and newer appliances. The distressed wood floors are like the type you see in higher end homes around Malibu. There is even an open bonus space that could easily become a third bedroom. Best of all you get a beach key to Little Dume and rentals in this complex run about $3500 per month if you are looking for an investment property.

Call 1 310 699 8428 for a showing. These units don’t come up to often and are considered by many to be the nicest units available on Point Dume.

This is a smoking deal! A Malibu Park home for sale under $1.2M! This bank owned home has 4 bedrooms and is in a great, family friendly area of Malibu near the high school. This Malibu home for sale is offered at $1,169,500 and I’ll be willing to bet that there will be at least three offers on by the end of next week. If you want to live in Malibu, make your move now, and take a run at this great home.
From the MLS “BANK OWNED REO! FANTASTIC HOME JUST MINUTES FROM ZUMA BEACH. PROPERTY WAS RECENTLY REMODELED AND SHOWS AS A 4 BEDROOM 2 3/4 BATHROOM ESTATE. THIS PROPERTY HAS VAULTED CEILING ENTRY, HARDWOOD FLOORING, REMODELED KITCHEN, NICE GATED YARD, STORAGE SHEDS, SPORTS COURT AND SO MUCH MORE. PLEASE CALL FOR MORE DETAILS. FANTASTIC LOCATION!”
CALL FOR A SHOWING BUT DONT WAIT. MALIBU REAL ESTATE AGENT MIKE GARDNER 1-310-699-8428

Courtesy of  Jordan Cohen Re/Max Olson & Associates,Inc.

Investments properties on Malibu Road are very rare and this multi unit Malibu beach home is starting to look like a great deal at $4,800,000. This building has a total of 4 units with 9 bedrooms and with one of the units being a 1 bd owners unit. Current income on 3 of the rental units are about $17k but could be pushed up to $20k easily. Run the numbers and make an offer. These building seldom come up for sale on Malibu Road. From the MLS..

LOWEST PRICED WATER FRONT PROPERTY ON MALIBU ROAD. APPROX 5,500 SF PROPERTY ON 50 FT LOT. TERRIFIC SECTION OF MALIBU RD WITH GREAT BEACH AND INCREDIBLE OCEAN VIEWS. THIS MALIBU BEACH HOME FOR SALE HAS 3 UNITS PLUS AN OWNERS UNIT. ALL UNITS ARE COMPLETELY RENOVATED AND FURNISHED AND ALL HAVE LAUNDRY. THERE IS A 3 BR 2 BA UNIT PLUS OFFICE, TWO 2 BR 2 BA UNITS AND ANOTHER 2 BR 1 BA UNIT. THE 3 MAIN UNITS ARE ALL OCEAN SIDE WITH PRIVATE DECKS. LOTS OF PARKING AS WELL! VERY UNIQUE OFFERING AND PERFECT FOR A POSSIBLE SINGLE FAMILY CONVERSION OR FOR AN OWNER TO LIVE IN 1 OF THE UNITS AND MAKE A GREAT INCOME ON THE OTHER UNITS. PROPERTY ALSO LISTED IN THE MLS UNDER “INCOME PROPERTY”. BEST WATER FRONT VALUE IN MALIBU!!

click here to search for all Malibu beach houses for sale

A few weeks ago I filmed a segment for Good Morning America and it finally aired today! The focus of the story was about agents hosting over-the-top open house parties to attract other agents and clients to a home. I have a few comments about this whole experience that I’d like to share with my blog’s readers.
In one aspect, selling real estate is a marketing game where the agent’s job is to expose the home to the world using any means possible. Some agents think they only need to put up a sign and throw some money at a magazine or newspaper for some ads. I come from a different school of thought. One that mixes a little P.T. Barnum from the promotion and publicity stand point, and a little Seth Godin and Gary Vaynerchuk in the marketing department. Mix in an excellent understanding of SEO and online marketing and the entire world is now my target demographic.
So when I got this listing, I started thinking about first how I must reach the agents. I wanted every agent in town to know about the listing. The idea of giving away Botox popped into my head and at first I thought for sure I’d offend the homeowner or the Beverly Hills agents. I remember calling my client on the phone and saying, ” I’ve got an idea I want to bounce off of you.” She’s a smart lady and immediately was game for it in a “hell, yes!” kinda way. Then I asked a few agents who, let’s just say, likely know how many units it takes to look 10 years younger than they are. They too responded with a “just let me know when and where” and with a whisper confided in me that they were due for a treatment and hoped to win. We did a bunch of other stuff shown in the video below which I hope you watch after reading this.
Let me cut to the chase on the event. We had nearly 70-plus agents show up to a home located up a hill that is hard to get agents to come to. The LA Times, AOl.com, The Sun UK, and about 20 other media outlets, newspapers, and blogs all picked up on the story. Many of them provided links to the property website which gave us a huge spike in traffic from around the world. Then GMA called to do the segment and two production companies called me in for interviews.
Agents were talking about it for weeks and when I recently spoke at a conference in San Diego about half in attendance had heard about the open house. Yes there was a lot of publicity to me, the agent, but there was also a huge buzz about the house the came with the package. 70 agents was double the number I was considering a success for the open house and I can only imagine the conversation that morning agents had when deciding on which houses they were going to see on caravan.
If you have a home for sale and want an agent who really loves just thinking of ways to promote and market a home, give me a call. I need a new listing to try my next big idea on. Interview me for your home’s listing and I promise to give you at least 20 things I can do better than any other agent.
-Malibu Real Estate Agent Mike Gardner 310 699 8428