The Malibu Real Estate Blog

There are two homes now on Point Dume that are heading in to a price range that most people would say is a good price. Both of these Malibu homes for sale have beach keys to Little Dume beach. These are deeded beach rights which make the homes more valuable than the ones that don’t have the rights. The first one has been nicely remodeled and has a guest house studio in back on expansive lawns no ocean view. It is listed at $2.575m. The second home needs a remodel but has good ocean views and is for sale at $2.495m.  Email Me for more information about Malibu Real Estate. Call for showings 310 6998428. If you are “tech”, sign up for the RSS feed!

Listed with Matt  Rapf

Listed with   Louis Jacobs

Just got my both my regular flu shot and the H1N1 Swine flu shot from Dr. Drew in Malibu. Didn’t feel a thing! The new needles are so small I was still waiting for the shot when he said “Your Done!” I can also report that there was no side affects and after the shot I just went on about my daily business.
Dr. Drew is our family doctor located on Point Dume in the offices located on the corner of PCH and Portshead. If you’d like a doctor who is easily accessible, is a local community member, and often can get you in his office faster than it would take to drive in to town, then give him a call. His office number is 310 457 3777 and here’s a link to his website www.malibumed.com Call sooner than later, he only has a certain amount of vaccines alloted to him.

If you are in the market for a very large Malibu home and require panoramic ocean views, room for entertaining large number of guests, privacy, and a “king of the hill” location, then Villa Cascata may be your next home. Located a few minutes off PCH up Latigo sits this incredible 14,000 sq.ft. masterpiece of Italian style architecture complete with horse facilities, tennis court, guest house, and formal gardens. The home is listed at $13,950,000 and when compared to other homes of equal size, appears to be a very good value. After a quick search on the mls, there are no other homes with the same amount of living space, acreage, or views that come close to this price range. Also noteworthy is that it is the personal home of designer Audrey Ruth who has finished the home with incredible details.

The property sits on 19 acres with additional contiguous properties available for sale…28 acres to the east and 88 acres to the West which includes Escondido Falls. For those who forgot their Spanish lessons, Cascata is “Waterfall” in Spanish. So why live in Beverly Hills without an ocean view when you could live in Malibu with your own private waterfall and enough land to plant a vineyard? Cascata Winery anyone?Call for a showing 310 699 8428. See the slide show of this Malibu home here.

From the MLS.

VILLA CASCATA IS YOUR NEW HOME. THIS AMENITY RICH PROPERTY HAS IT ALL. HORSE FACILITIES, SPECTACULAR POOL ENTERTAINING AREA W/ KITCHEN AND FIREPLACE, TRAILS, LAWNS, FORMAL GARDEN, KOI POND AND A LARGE GUEST HOUSE FOR YOUR OUT OF TOWN GUESTS. THIS NEWLY COMPLETED MASTERPIECE FEATURES INTERIORS BY NOTED DESIGNER AUDREY RUTH AND IS SITED TO COMMAND VIEWS FROM PT. MUGU TO DOWNTOWN LA. ADJOINING 103 ACRES ALSO AVAILABLE.

Listed with Mike Gardner and David Findley 310 699 8428

I’m getting a sense that we may be at the bottom of the curve and a recovery to a normal market is at hand. Here’s why. The stock market has done well in the last few weeks, and some key indicators weren’t as bad as many expected. This is boosting consumer confidence. This week, a client who had decided to sit out the market for the last 5 months, called to start looking at homes in the $4m-$6m dollar range. They felt that prices were more reasonable and interest rates were about as low as they can get. I personally had numerous showings at a condo here in Malibu, and many of the top agents I’ve spoken with are all reporting a big increase in showings. Clients are still slow to write offers but they seem to be coming out and getting ready to strike at anything that seems like a good buy.
Watch the video below from San Francisco. Keep in mind that it is often California that leads the way in trends for the rest of the country.

Update! Unit went in to multiple offers right away. Beach Key and Whitewater views are hard to resist at that price! I will publish the final closing price when it comes out. Be ready to pounce on the next great deal!

A new listing has hit the Malibu Real Estate condo market this week and if it closes at anything near its asking price, other sellers may need to rethink their asking price. The 2 bedroom condo on Heathercliff was originally purchased in 2006 for $850,000 and has been listed this week for $427,900. Yes, almost a half-off sale and likely to upset many nearby condo owners when it becomes a comp. I showed the property this morning. It was surprisingly clean and had white water views of Zuma beach. Good enough views that your surfing buddies will be calling to get the early morning swell report from you. Other bonuses include a beach key, walking distance to Lilys Burrito Shop, Pavillions, and Zuma Beach. The unit is bank owned and likely to sell fast. Call for more info 310 699 8428

Listed with Robert Glinert Coldwell Banker

First off, Sea Level is a great beach. It is located just up from Broad Beach and has a cool, mini-community vibe to it. Residents leave kayaks and surfboards on the sand without any worry about someone stealing them. The 4th of July party there is huge and the beach is in better shape than Broad Beach right now. This could go out at a good price and is worth seeing if you are in the real estate market for a beach house in Malibu. Places like this also rent out for top dollar in the summer months. Listed at $5,950,000.

From the MLS
BEACH FRONT LIVING- LIGHT, BRIGHT AND A THIRD LEVEL DEN THAT OPENS TO VERY LARGE SUN DECK. GREAT MASTER SUITE ON THE WATER. GATED COMMUNITY. SELLER HAS CA. REAL ESTATE LICENSE. SHORT PAY SUBJECT TO SELLER HAVING LOANS ACCEPTABLE TO SELLER.

Check out this article if you want to be on my priority list for distressed listings in Malibu.

Listed with Bill Mason / Malibu Surf Realty

210 Beach leases on the market
30 listed over $50,000 per month
14 above $70,000 per month
1 at $100,000 per month
Cheapest lease is $2500 per month for a 1 bed at Latigo Beach

Beach Leases

Click this link to be taken to an MLS search for all beach leases in Malibu.The user id is x55032 and the password is lease