The Malibu Real Estate Blog » Chris Cortazzo http://themaliburealestateblog.com A Malibu Real Estate Blog Giving You The Low Down On The High End---Mike Gardner 1 310 699 8428 Tue, 08 May 2012 15:24:01 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Top 3 Most Expensive Malibu Vacation Rentals http://themaliburealestateblog.com/top-3-most-expensive-malibu-vacation-rentals/ http://themaliburealestateblog.com/top-3-most-expensive-malibu-vacation-rentals/#comments Thu, 17 Feb 2011 18:14:02 +0000 Malibu Real Estate http://themaliburealestateblog.com/?p=1912 There was a time not so long ago that a $100,000 per month Malibu summer rental was the talk of the town. Now it’s like, “Whatever, pass the Splenda, I gotta run to Pilates”. The new OMG price range is above $200,000 per month or higher and it shouldn’t be long before someone makes a run at $300k.

Read more on Top 3 Most Expensive Malibu Vacation Rentals…

]]> There was a time not so long ago that a $100,000 per month Malibu summer rental was the talk of the town. Now it’s like, “Whatever, pass the Splenda, I gotta run to Pilates”. The new OMG price range is above $200,000 per month or higher and it shouldn’t be long before someone makes a run at $300k.

Do they get rented? Yes. Just when you think there is no way anyones going to pay that amount, the listing quietly gets withdrawn from the MLS, and a fleet of black Chevy suburbans with funny little TCP letters on the back bumper appear in front of the address.

Who are these people? In the upper digits it’s likely sheiks, royalty, oil barons, and guys who like horses under the hood or in the stable. It’s not the A-list actors that have business managers with good sense; they tend to stay in the $100k and under club.

Call for a showing but to see any of these you’ll need to be seriously qualified. Swiss bank statements, a truck load of gold bullion, or showing up with Mark Zuckerberg should all be fine.

Here are the Top Three Most Expensive Summer Rentals in Malibu

  1. 26848 Pacific Coast Highway. $250,000 per month with 13 bedrooms and  14 baths.
  2. 23316 Malibu Colony Road. Listed at $200,000 per month with 5 bedrooms and 7 baths. It will be completed by summer 2011.
  3. 7107 Birdview on Point Dume asking $100,000 with 6 bedrooms and 6.5 baths.

1 listed w Chris Cortazzo, 2 with Damon Skelton, 3 with Paul Randall

]]> http://themaliburealestateblog.com/top-3-most-expensive-malibu-vacation-rentals/feed/ 0 Where the Wild Deals Are At! http://themaliburealestateblog.com/where-the-wild-deals-are-at/ http://themaliburealestateblog.com/where-the-wild-deals-are-at/#comments Fri, 16 Oct 2009 17:10:36 +0000 Malibu Real Estate http://themaliburealestateblog.com/?p=965 I saw a few things this week that made me pick up the phone and call clients telling them about some great opportunities within the Malibu real estate market. Yesterday on caravan, I was wowed by a home for sale located on Ramirez Mesa. This is a gated development of roughly 20 homes that sits above Paradise Cove and has great ocean views. The home for sale is almost 6000 sq.ft., nicely remodeled in a Tuscan/Mediterranean style, had 5 bedrooms ,a pool, and a three car garage. The home had views of all on Santa Monica Bay and has room for a vineyard. It’s current asking price is $3,950,000, which in my view makes it one of the largest, and nicest, homes available under $4m. I even think there is some room on the price! Call 310 699 8428 for an appointment to view it.

Listed with Chris Cortazzo

Read more on Where the Wild Deals Are At!…

]]> I saw a few things this week that made me pick up the phone and call clients telling them about some great opportunities within the Malibu real estate market. Yesterday on caravan, I was wowed by a home for sale located on Ramirez Mesa. This is a gated development of roughly 20 homes that sits above Paradise Cove and has great ocean views. The home for sale is almost 6000 sq.ft., nicely remodeled in a Tuscan/Mediterranean style, had 5 bedrooms ,a pool, and a three car garage. The home had views of all on Santa Monica Bay and has room for a vineyard. It’s current asking price is $3,950,000, which in my view makes it one of the largest, and nicest, homes available under $4m. I even think there is some room on the price! Call 310 699 8428 for an appointment to view it.

Listed with Chris Cortazzo

The other great deals in general are showing up in the condo market. I think we may see some condos closing at $350k or less in the next few months. There is one listed at the Malibu Gardens for $389,000! At that price it makes a great rental for Pepperdine students or just a weekend crash pad to enjoy the beach.

Want to be in the know about smoking deals? Sign up for the RSS feed. The second I publish, you get an email.
Get your tweet on. I post live reports from the real estate field as they happen.
Want daily emails showing price reductions in Malibu? Email me asking for ” Listing Book” for access to he MLS Malibu agents use.
subscribe to my RSS feed! If you have no clue what an RSS feed is click here for a quick video.

]]> http://themaliburealestateblog.com/where-the-wild-deals-are-at/feed/ 0