The Malibu real estate market is still very active as we head in to the holidays and what is traditionally a very slow time for real estate. There are apprx. 200 Malibu homes for sale, 17 Malibu homes in escrow, and several quite sales have been completed on the beach and on Point Dume. If there was ever such a thing as Black Friday sale on Malibu Homes...
The Carbon Mesa home for sale mentioned a week ago on this blog had offers on it right away and is listed as ” Backup” status on the MLS. The Malibu home for sale was once listed as high as $2,950,000 and hit the market at $1,141,000. Had you been signed up for my Listing Book program you would have had an early morning email the day it...
Heading out on caravan right now. I’ll be posting thoughts on some of the Malibu homes for sale that I see. There are a few beach homes on Las Tunas and Carbon Beach that should be interesting. The blue box to the right is the live feed where you can follow me on Twitter.
It appears someone’s spec project has hit the skids in the hills of Malibu. What’s unusual about this one is that it’s a large, nice, ocean view project in a neighborhood of homes in the $4-$7 million dollar range. The partially framed project came on the market last month at $3,950,000 and got a whopper of a price slash this week...
A house on La Costa Beach goes up for sale in Nov. for $17,500,000. The house offers numerous bedrooms on 81 feet of frontage and is an original 1964 beach house in good shape. The house sells 42 days later for $11,300,000! Keep in mind that two blocks up the coast is Carbon Beach where 81 feet of frontage will run almost $20,000,000. Either the listing...
Over the weekend, several blogs and newspapers were reporting that Nancy Daly Riordan sold her home on Carbon Beach for a price in the vicinity of $62 million dollars. This would be a record sale for Malibu shattering last year’s record sale of Johnny Carson’s home on Point Dume at $35 million. The Real Estalker is reporting that...
While the under $3,000,000 luxury market for homes seems to be slowing down, the growing demand for high-end finished products within the Malibu real estate market continues to be met with new homes such as this one with a listing price of $25,000,000. This stunning East Coast traditional is situated on the cliffs of Point Dume with a breathtaking...
If you are going to live in a trailer you might as well do it here in Malibu, home of the worlds most expensive trailer park. Chew on this…….There are currently 6 mobile homes for sale in Malibu that are asking over $1,000,000. The highest price coach goes for $1.8m and during the last 3 years there have been almost a dozen sales over...
For $329,000 you can purchase a 1 bed, 1 bath mobile home with 500 sq. ft. of living space and walk to Paradise Cove beach in about 2 minutes. It has good tires, a strong axle, and current registration. Only 600 yards to the east is another home for sale at $75,000,000. This home boasts an 11,000 sq. ft. main residence, 7 acres of bluff above the...
Here are the numbers showing what’s happening to land-side homes in Malibu from Nov. 06 YTD to Nov. 07 YTD. The number of new listings decreased from 444 to 389 or -12.99% The number of sold units decreased from 177 to 146 or -17.51% The median sales price increased from $1,865,000 to $2,197,500 or an increase of +17.83%! Here are the...