Mar 02 2010
New Point Dume Listing Rocks Caravan
On Monday mornings we have our office meeting to discuss various aspects of the Malibu real estate market. One question we always throw around is, “What was the best thing on caravan?” About half the agents, including me, thought the new listing on Birdview was the nicest house for sale. The home has a distinctly Asian feel with the kiln-fired and blue glazed tile roof, an Indonesian/Bali feel with the tropical landscape, and a zen/Craftsman interior that smartly leaves the Japanese feel at the door. The shared feeling by many agents was “what a pleasant surprise” and “this house has a great feel.” The house, in fact, was so unique and special, that the $11m asking price seemed to be a side note. This is the type of home someone will walk into and just “want it” because of the emotional connection.
From the MLS “SEASIDE BLUFFTOP ESTATE- PRIVATE PATH LEADS TO SANDY SHORELINE- ROMANTIC AND PRIVATE SETTING- LUSH LANDSCAPING ENVELOPES YOU IN A TROPICAL PARADISE- INCREDIBLE OCEAN VIEWS SPAN THE PRISTINE COASTLINE- OPEN & FREE FLOWING FLOOR PLAN 6 BEDROOMS- MEDIA ROOM, OFFICE, GOURMET KITCHEN AND EXQUISITE MASTER BATH- SEPARATE GUEST HOUSE BY LAGOON POOL WITH ADDITIONAL BEDROOM, BATH AND GYM- SPACIOUS PATIOS WITH OCEAN VIEW DINING AND ENTERTAINING SPACE- NO NEED TO VACATION ON A TROPICAL ISLE, HERE, YOU HAVE YOUR OWN FANTASY RETREAT.”
Listed with Chris Cortazzo and Bobette Halverson
I’ve noticed in the past few weeks, some very interesting listings coming on to the market that indicate an uptick. A massive $65 million compound just came on the market – it takes up an entire mountain area on Kanan Road and locals have been wondering who the heck would spend that much money except for someone like the Sultan of Brunei or Google CEO Eric Schmidt. However, with our 14 local Malibu billionaires, any one of them would easily choose to “park their money” here for an investment, or simply buy it because of the sensational views and striking vineyard. Another high ticket property also just popped up on the market for $49,995,000. We all are quite familiar with the sustainable real estate market in the ‘Bu, and though the power elites have siphoned out the Freddie Mac’s and banks, and the oil hedge funders who placed mulit-billion wadgers on the tanked economy resulting from the ballistic gas gouging, the ‘Bu RE market – though slowed- is holding its own and now is back on the recovery it seems….