The Malibu Real Estate Blog

There  are two beach homes for sale on Malibu Road that I’m saying are heading in to the “deal” category. I can’t give away to much info but I will say the both places are vacant and are owned by family members who want to see them sold. In other words, there’s not a whole lot of emotional attachment to the homes which gives you a better  chance at getting a good price. Call for a showing 310 699 8428

Here’s the Low Down on The High End

House number one. 24134 Malibu Road. Listed at $4,975,000

Great price, good sq.ft., big rooms, and a huge deck for parties. Continue Reading »

A home seller in Malibu has come up with a very unique and creative way of bringing attention to the sale of his home….he’s throwing in his red Ferrari F40. The iconic Italian sports car has less than 800 miles on it and only 1315 production models ever rolled off the factory floor in Maranello, Italy. The car was originally offered at $400k, though some buyers were willing to pay a bit more to possess this stellar sports model…up to $1.6m! The F40 was the first ever legal production car to exceed 200 mph. A Japanese Ferrari dealer once filmed himself hitting 201 mph only to be arrested after he sold a videotape to an undercover policeman. Bail probably wasn’t a problem, he had already sold 10,000 of the videos. The only catch on securing the car is that the home for sale must be purchased before 6-30-2010.

Oh, and about the house! The home’s asking price is $4,399,333.00 and it has expansive ocean views on half an acre. There are 5 bedrooms, 5 bathrooms, and close to 6000 sq.ft. of living space. There is a pool, room to park 13 cars, and is less than a minute walk from the beaches along Encinal Bluffs. The house across the street is asking $49m! Call for a showing of the car or house! 310 699 8428

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For seriously straight talk about actually buying a home and living in Malibu, call me on my cell at 310 699 8428.

Seeing that there were over 1000 page views on the blog today I’m going to break a story that I was trying to hold off on. I’ve got a new listing in Malibu, maybe, one of the nicest homes ever to be offered on the market. I’m working on the website now but will show a pic below. Here’s the news…The listing was given to myself and David Findley of Partners Trust because we absolutely understand, no, live, breathe, eat, and preach the real estate marketing revolution that is taking place online. We have 20-30 “new school” ideas, web marketing methods, and social media tools that separate us from the Realtorsaurus types mentioned here. One tool is Twitter. Not going to reveal too much here but if you want to watch what we will be doing, I’m going to invite you right now to follow the listing @villacascata. Watch, learn, and understand how Twitter is more than just a few words about what kind of coffee you are drinking.

A few years ago you’d be hard pressed to find anything on Malibu Road for under $6m. The Malibu real estate market has changed, so if you’ve been on the sidelines now may be the time to pick up that Malibu beach house you’ve always wanted. Currently asking $5,400,000, the homes features  expansive decks, a third story guest nook or office, and a two story open ceiling living room. Check out the master bath with it’s period correct stained glass and deep, round, swingin spa tub. At this asking price, there is a legitimate chance that it could sell at under $5m. Call for a showing 310 699 8428.

A dee-lux coach located in the Point Dume Club has recently closed for $1,060,000. The unit, with panoramic views of Zuma beach and the Channel Islands, hit the Malibu Real Estate market in March, and with a few price reductions, closed  for a price  that you could have purchased  large mansion in Texas. Let me tell ya’all…there’s nothing mobile about this mobile home! What you need to know about mobile homes in Malibu is that you are allowed to do some traditional “stick built” construction including foundations and  2×4 framed walls. That’s why this one looks like a regular beach home with an expansive interior.  This may very well be the nicest examples of modern design in a mobile home park. There are other incredible units for sale if you have $4,000,000  tastes with a $1,000,000 budget. Call for more info about living large in a mobile home in  Malibu. P.S.To date, no mobile home in Malibu has ever been crushed by a tornado. 310 699 8428 .

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From the MLS..

“ENJOY LIFE IN THIS SINGLE LEVEL DESIGN HOME. SPECTACULAR PANORAMIC PACIFIC OCEAN VIEWS OVERLOOKING FAMOUS ZUMA BEACH. 3 BDRMS/3.5 BA. CLOSE TO HEATHERCLIFF ROAD STORES & SERVICES. GATED ACCESS TO WESTWOOD BEACH RD. LOCATED IN THE POINT DUME’CLUB OF MALIBU COMMUNITY. SEE PRIVATE REMARKS FOR ANTICIPATED SPACE RENT, WHICH INCLUDES: 24 HR GUARD GATE ACCESS, ACCESS TO CLUB HOUSE / POOL & SPA, SPACE RENT, PRIVATE WASTE WATER SYSTEM, COMMUNITY MAINTENANCE. HIGH SPEED INTERNET AVAILABLE.”

Malibu Mobile Home

Malibu Mobile Home

A condo has surfaced in the Malibu Villas for $499,000 on the third row. That’s a crazy price and worth having a look at if you are sending some kids to Pepperdine for a few years. I don’t think anyone on the upper rows of Malibu Villas ever thougt they’d see a condo ASK under $500,000. If you’d like to search the Malibu Condo Market click this link.

It’s not often we see a beach house for sale on Malibu Road for under $6,000,000. This particular home also happens to be in what may regard as a better section of Malibu Road, near the beginning, closer to the Malibu Colony. At $5.9m, it’s worth a look if you have been in the market for a beach house. Call 310 699 8428 for a showing or to discuss all the different beaches in Malibu. Google map link here

Click here for a link for the low down on the home

Listed with Renee Grant of Century 21

New update. There are at least a dozen properties for sale in the Malibu Real Estate market ranging from $500k to $5m in various stages of distress. Easy to email and we had a dozen request this week to be on the priority list. Just drop me an email and your price range and you’ll get the list.I won’t bug you and you can call me when you’re ready to see something. I’ll also sign you up for a Malibu watch list that will email you new listings when they get price reductions AND disclose if they are in short pay, foreclosure, reo, or bank owned state.

A lot of you are searching for these things so tomorrow morning I’ll an update on what’s available. Get your cash ready because there is going to be a bit of action as summer approaches! Email if you want to be on my priority list where Ill be firing out email blasts the second I hear about a distressed property.

Here’s two quick teasers.
1944 CORRAL CANYON RD MALIBU, CA 90265
MLS description…

BANK OWNED FORECLOSURE. CHARMING 1BED/1BATH HOME IN THE CANYON OF MALIBU! HW, TILE, & CARPET. KITCHEN APPLIANCES. BIG GARAGE. VIEWS FROM MANY ANGELS! INFO HEREIN IS NOT VERIFIED BY AGENT. BUYER TO VERIFY ALL INFO. & RELY ON THEIR FINDINGS. ALL OFFERS MUST BE SUBMITTED ON CAR FORM W/PRE-APPROVAL (NOT PRE-QUAL), COPY OF EARNEST MONEY CHECK +PROOF OF FUNDS (IF CASH OFFER) & AGENCY DISCLOSURE. FOR A GUARANTEE RECEIPT OF YOUR OFFER PLEASE CHECK OUR PRVT. REMARKS FOR FAX COVER & FAXING INSTRUCTIONS.

1 bedroom 1 bath $589,000!!!!! Small house but at a condo price,… who cares!

Listed with Joyce Essex CB

11770 PACIFIC COAST HWY #T MALIBU, CA 90265

MLS description…
BEAUTIFUL 2 STORY FEE SIMPLE AT THE POPULAR COUNTY LINE SURFERS’ PARADISE! 3 BEDROOM, 3 FULL BATH + MEDIA ROOM/OFFICE. BRIGHT KITCHEN WITH GRANITE COUNTERTOPS & NEW S/S APPLIANCES. SEPARATE LAUNDRY & STORAGE ROOM. ATTACHED 2 CAR GARAGE, EXTRA GUEST PARKING. PADDEL TENNIS & HALF COURT BASKETBALL COURT. VERY LIGHT, SPACIOUS, COZY. BEACHFRONT WHALERS VILLAGE GATED COMMUNITY. SUBJECT TO SELLER’S LENDER APPROVAL PER SHORT PAY OFF. FRESH EXTERIOR PAINT IN ENTIRE COMPLEX. PERFECT INTERIOR CONDITION.

3 bedroom 3 bath$999,000

Listed with Tiffany L Wortinger

On Sat. March 14 we will be hosting an open house at Parcel 130 on the Hollister Ranch. This open house is for agents and prospective buyers only. If you are an agent please email your contact info to me for the guard gate. If you a prospective buyer please have your agent contact me. If you don’t have an agent then contact me directly. Showings are for qualified individuals only and you’ll need to provide some information before being put on the guest list.

www.hollisterranch130.com

Here it is! Parcel 130 at the Hollister Ranch for sale at $10,995,000. 115 acres with stunning 5 bed. main house, barn, and guest house. Contact me for details and showings. 310 699 8428.
If you are a qualified buyer for Hollister Ranch Properties, please call to inquire about our Hollister Ranch Real Estate Tour where we will show you all the benefits to owning a parcel. Tour last for several hours and cover a showing of the home, trails, common areas, beaches, and club house.

www.hollisterranch130.com

How can two Malibu beach houses, similar in size, beach frontage, and condition, located on the same road , AND just a few lots away from each other be priced $5,ooo,ooo or more apart? Answer: Beach Depth. Take the example below in the photo showing the Malibu Colony. There is one section “within the gates” and one section “outside the gated”  on Malibu Road. Notice the houses on the beach in the Colony that have wooden sea walls with stairs leading down to the sand. At high tide there will be no dry sand and a few waves might even bounce of the wall. Now take a look at the section where there is 20-60 feet of depth to it with dry sand. In this photo you can see where the last high tide came up to and how the residents of this section still had a dry sand beach to enjoy. That’s the  big difference and what can affect the price, in the millions, for a Malibu beach house.

Of all the Malibu neighborhoods, Point Dume has always been one of the most desirable places to live in. There are private beaches, a great elementary school, and a genuine sense of community. Here are two great homes for sale on “The Point”. Call 310 699 8428 for showings. 

From the MLS
Charming spanish residence located in a great neighborhood in Point Dume. Massive frontage on 1.61 lush acres. New kitchen with top of the line appliances opens up to living room and dining area. Awesome green belt and mountain views give this property an expansive and wide open feeling. This 4bd home has high ceilings, gorgeous wood and tile floors, and large courtyards. Priced to sell! Private Deeded Beach Rights included! Listed for $2,975,000.

Point Dume Real Estate

Point Dume Real Estate

The home is listed with Matt Rapf of Pritchet-Rapf

From the MLS

The Finest Home In Hampton Place! Stunning Cape Cod home in a private, gated, 6 home community in Point Dume. Just minutes from schools, shopping & the beach! Located at the end of a long driveway, a “Salt Box” Hampton’s style home uniquely situated with ocean & mountain views. 4 & 3 in the main house and a detached two-story gst hse w/office level, bed, & bath. Immaculately redone inside and out with impeccable taste and style, on over an acre of manicured landscaping. Riviera II beach rights! $3,250,000. Call for details. 310 699 8428 

Point Dume Real Estate

Point Dume Real Estate

I have had an overwhelming response after this house first appeared in my blog and then in the LA Times. I have scheduled several showings between now and New Years Day and will show it anytime. Get on this because it’s a great house and the bank will want to move it. Call 310 699 8428
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Malibu REO

Malibu REO

Call for a showing 310 699 8428
Listed with Joan Shultz Dilbeck Realtors

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 to $2,900,000 with an MLS description saying “will consider all serious offers.”  

I personally like the price cut (that’s one motivated seller!) and it may very well be worth a look if you’d like to avoid most of the headaches involved with building a house in Malibu. Maybe one of the execs over at Toll Brothers needs something to do!
Call for a showing 310 699 8428 .
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Here is the MLS description.

EXCELLENT PROJECT, PARTIALLY FRAMED WITH STEEL BEAMS. 6000+ SQ. FT. PLANS FOR A SLEEK MODERN RESIDENCE WITH/AN INFINITY POOL. SWEEPING OCEAN, QUEENS NECKLACE AND LITTLE DUME VIEWS. THE DESIGN CAN BE WARMED UP TO SUIT THE BUYER’S PERSONAL STYLE. GREAT OPPURTUNITY FOR A DEVELOPER OR SOMEONE LOOKING TO FINISH A CUSTOM HOME. WILL CONSIDER ALL SERIOUS OFFERS.

Listed with  Anthony Barsocchini/ WEA

Point Dume Real Estate Search

Click this link to be taken to an MLS search for condos, mobile homes, and estates for sale on Point Dume.The user id is x55032 and the password is dume

Another record asking price home has hit the Malibu market this week on Point Dume. The original condition, super-sized ranch house compound sits on little over an acre above a private beach and has endless views of the Santa Monica bay.

From the MLS below.
LIMITLESS COASTLINE VISTAS SEEM THE EXCLUSIVE POSSESSION OF THIS BREATHTAKING 1.1+/- ACRE BLUFF ESTATE CONSIDERED THE RAREST JEWEL IN THE COVETED CROWN OF MALIBU’S PRESTIGIOUS PT. DUME ENCLAVE, COMMANDING 220° VIEWS OF BUCOLIC PARADISE CODE.A CELEBRITY-STUDDED ENVIRONMENT OFFERING TOTAL PRIVACY, EXPANSIVE TERRACES AND POETIC GARDENS, FULL-SIZE TENNIS COURT, AND A UNIQUE ARCHITECTURAL RESIDENCE, QUIETLY ENSURES A CAPTIVATING AND TREASURED LIFESTYLE.DEEDED BEACH ACCESS BY PRIVATE, KEY CODED TRAIL.

Listed with Chris Cortazzo/Coldwell Banker