The Malibu Real Estate Blog

I was out on caravan yesterday and noticed that an agent was advertising a $100,000 per month lease but NOT on the beach! Intrigued, I headed up Latigo to go investigate and was immediately wowed by the sheer size of the home that unveiled itself as I drove in through the main gates. Sitting a few miles off PCH on a nearly 10 acre parcel is this amazing 14,000 sq.ft. Italian Villa with whitewater views of Point Dume, Santa Monica Bay, Palos Verdes, and beyond. The home would be ideal for a reclusive celebrity, an international polo star, or anyone bored with cartel life in Dubai.

Understand that it’s not listed for sale but can be for the right buyer. It’s known as a pocket listing where the agent may choose to let a few people know that it can be had for a certain price. In this case the owner may want to primarily lease it but could be persuaded to let it go if there is a three with enough zeros behind it presented in the offer. I’m not talking $3,000,000 either! Call for a showing. 310 699 8428

From the MLS

ENJOY THE SUMMER AT VILLA CASCATA WITH A SPECTACULAR POOL AREA, HORSE FACILITIES, TRAILS, LAWNS, FORMAL GARDENS, KOI POND AND A LARGE GUEST HOUSE FOR YOUR OUT OF TOWN VISITORS. THIS NEWLY COMPLETED MASTERPIECE FEATURES INTERIORS BY NOTED DESIGNER AUDREY RUTH AND IS SITED TO COMMAND VIEWS FROM PT. MUGU TO DOWNTOWN LOS ANGELES. THE OWNERS OF THIS PROPERTY ALSO CONTROL THE ADJOINING 103 ACRES TO MAXIMIZE PRIVACY. AVAILABLE MONTHLY. CALL FOR SHORTER TERMS.

The home is listed with Paul Grisanti of Coldwell Banker in Malibu.

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 view of the Pacific Ocean.  The home sets a new record asking price for this section of ocean view bluff located on Birdview Street and will most likely elevate the value of all the neighboring properties when a sale is finalized. Competing for high-end buyers are two other listings: 7049 Birdview at $19,950,000 and 7307 Birdview at$11,250,000.  The highest sales price achieved on Birdview closed around $13,000,000.
The home was built by Albino Construction, known for building the highest quality homes that are frequently purchased by buyers from the entertainment industry.  It features 7 bedrooms and 11 bathrooms with 8756 Sq. Ft. on little over one acre of prime Malibu soil. There is an infinity edge pool, expansive ocean views, and direct beach access via a private gate with your own path to the sand. If you love the homes in the Hamptons, the weather in Southern California, and can afford to buy a small, private island, then you’ve found your perfect home in highly sought after Malibu. 

 Listed with  Chris Cortazzo of Coldwell Banker Malibu