Black Wednesday. $15,000,000 Price Chop!
24 November 2010 · by Mike Gardner Malibu Real Estate Agent 310-699-8428

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

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