The Malibu Real Estate Blog » for sale

Malibu Mobile Home Sells For $2,000,000

Malibu Real Estate — Tue, 20 Sep 2011 15:22:23 +0000

How bad can the real estate market be when a Malibu mobile home located in Paradise Cove just sold for a $2,000,000 cash? The home came on the market a few months ago at $2.5m with many people debating whether or not the price was justified. The home, which really has nothing mobile about it, (think more pre-fab) sits on a bluff over looking the Pacific and shares the same views that homes listed for $15m-$55m share just a few hundred yards away. There a several other units available for sale ranging in price from $500k to $1.5m. Call me at 310 699 8428 for more information about why this is one of the most fun places to live or have a weekend beach home in Malibu.
From the MLS “THE ULTIMATE OCEAN VIEW BLUFF LOCATION IN PARADISE COVE. INSANE COASTLINE, WHITEWATER OCEAN, AND MOUNTAIN VIEWS. IT ALSO PROVIDES TOTAL PRIVACY FROM THIS NEWER 2BDRM, 2BTH HOME. OVER 2,300 SQFT. OF OPEN LIVING SPACE, PLUS 2 CAR GARAGE AND PARKING FOR 3 MORE. HUGE LANDSCAPED LOT, PLENTY OF OUTSIDE GARDEN AREAS, AND PRIVATE OCEAN VIEW DECKS. ENJOY THE SUMMER IN PARADISE. GOLF CART DOWN THE TRAIL TO KAYAK, DIVE, SURF OR JUST RELAX ON OUR PRIVATE SANDY BEACH.”

Cliff May Mid Century For Sale in Malibu

Malibu Real Estate — Sat, 02 Jul 2011 16:33:06 +0000

A Cliff May mid-century hit the Malibu real estate market last night. The home, located in Bonsall Canyon, came on the market at $2,495,000 and has an ideal yard for kids with pool, large grassy areas, and mature sycamore trees for monkeying around. If you don’t know about Bonsall Canyon, let me just give you my local opinion…..it’s one of the nicest, most private canyons around and is a short stroll from the beach and close to Malibu schools. A well written description from the MLS…. “OCCASIONALLY A “TRULY SPECIAL” PROPERTY IS LISTED FOR SALE.THIS RESTORED CLASSIC MID-CENTURY SINGLE-STORY HOME DESIGNED BY ACCLAIMED ARCHITECT CLIFF MAY WILL TAKE YOUR BREATH AWAY;THE MOST MAGICAL BACKYARD YOU WILL EVER SEE.THE HOME OFFERS CLIFF MAY’S SIGNATURE FLOOR-TO-CEILING WINDOWS THAT SEAMLESSLY EMBRACE INDOOR–OUTDOOR LIVING WHILE EXPERIENCING THE BREATHTAKING & GATED ± ACRE LOT(APX 200 FT X 200 FT) TROPICALLY LANDSCAPED,TOWERING SYCAMORE TREES THAT ARE LIT AT NIGHT W/LED LIGHTS;CREATING A FAIRYTALE ATMOSPHERE(AN EVENING SHOWING IS A MUST).BRAND NEW POOL WITH WATERFALL,SPA & FIRE PIT & LOCATED ON ONE OF MALIBU’S MOST ACCLAIMED STREET OF BONSALL CYN;ACROSS THE STREET FROM ZUMA BEACH & AT THE END OF CUL-DE-SAC ARE HIKING,RUNNING & HORSE TRAILS OF THE SM MOUNTAINS.NEWER MAHOGANY HARDWOOD FLOORS,VIKING APPLIANCE KITCHEN,COPPER PLUMBING & NEWLY BUILT DETACHED OFFICE(NOT ACCOUNTED IN SQFT OF HOUSE).DON’T MISS SEEING THIS PROPERTY;IT WILL BE TALKED ABOUT FOR A LONG TIME.PRICED TO SELL!” Website Here

Malibu real estate

Broadbeach Malibu Home For Sale

Malibu Real Estate — Wed, 08 Jun 2011 03:45:30 +0000

Huge price reduction on this Broad Beach home for sale. Now $6,999,000.
A rare opportunity to own an original Malibu treasure — a mid-century beach bungalow is currently being offered for sale on exclusive Broadbeach Road.

The home, built in 1955, sits on approximately 40 feet of prime beach frontage and has the added advantage of being located on a very deep, sandy lot. There are two bedrooms upstairs and a bonus room downstairs. This charming beach cottage is the kind of place to use and enjoy while you wait unit you’ve figured out what you’re going to build next. I’ve visited the home several times and one of its most special features is that everything on the inside is original. The place appears to be stuck in time with its timeless furnishings and art from the early 60′s. The period-correct kitchen includes an indoor barbecue grill on the side of the living room fireplace. Imagine grilling a steak over smoldering charcoal in your kitchen….a Dean Martin-style martini in one hand, tongs in the other. There are some of those sad clown oil paintings that many of our grandparents had hanging on the wall, and there’s the big sliding glass door, the one your parents always told you not to slam with the mesmerizing locking mechanism. Outside is a modest garden comprised of various succulents accented with a few agaves next to a well tended bed of ice plant. There’s also a perfectly aged wooden beach path leading to the ocean only steps from the home. You can tell that a lot of memories were created here. The home abounds with charm and is one of the last remaining of Malibu’s classic beach bungalows, and for sale at $6.99m.

Listed by Mike Gardner, and Tony Mark of Prudential Malibu Realty

Click the image below to see the website and more photos or QR code here

Malibu Mobile Home Looking To Break Record Sales Price

Malibu Real Estate — Thu, 14 Apr 2011 19:31:45 +0000

Brand New to the MLS this morning is a mobile home in Paradise Cove with an asking price of $2,550,000! Sound outrageous? Just a few years ago, someone paid $2,450,000 for a spot down the street with views not quite as good as this new listing. What is unique about this particular offering is that this mobile home sits on what many would argue is the best lot Paradise Cove. The home is situated on a section of bluff that overlooks the Pacific Ocean with views towards Santa Monica Bay which takes in an amazing view of a beautiful, long stretch of sandy beach with waves crashing on the shore. A few hundred yards down the beach are a few more listings for sale with the same views…..but those will cost a little bit more….one at $45m and one at $55 million!!!!!!

Here’s my take: Let’s say you have $2.5m to spend in Malibu. For that price, you can get a pretty nice place in Malibu Park, but chances are that won’t even include an ocean view. More likely, it would buy you a small 4-bedroom ranch house that has been remodeled with about 3500 sq.ft. But if you want the ”Malibu Beach lifestyle”, and can’t afford the going rate of $6m for a place on Malibu Road, then this is probably your best bet. You’ll be enjoying the sight of morning sunrises over the Palos Verdes Peninsula and walking on the same private beach that many of the world’s most privileged people enjoy.

The home has 2 bedrooms and 2 baths with about 2300 sq.ft. of space. On top of the purchase price, you’ll need to pony up over $2000 per month for space rent. I guess that’s the going rate for the view and the security of never having to worry about a tornado flattening your home!

From the MLS “ THE ULTIMATE OCEAN VIEW BLUFF LOCATION IN PARADISE COVE. INSANE COASTLINE, WHITEWATER OCEAN, AND MOUNTAIN VIEWS. IT ALSO PROVIDES TOTAL PRIVACY FROM THIS NEWER 2BDRM, 2BTH HOME. OVER 2,300 SQFT. OF OPEN LIVING SPACE, PLUS 2 CAR GARAGE AND PARKING FOR 3 MORE. HUGE LANDSCAPED LOT, PLENTY OF OUTSIDE GARDEN AREAS, AND PRIVATE OCEAN VIEW DECKS.”

listed with David Carter

Two Malibu “Super Homes” For Sale Compete For Same Buyers

Malibu Real Estate — Wed, 30 Mar 2011 05:07:54 +0000

I see this all the time….A major Malibu estate goes on the market at a high price and the neighbor a few doors down says “Hey! If he can get that, I should get this!” and will list their home for sale. It’s not a bad idea either if one house looks like a great deal and the other is priced a lot higher.

That’s my guess with what happened with the two major bluff estates above Paradise Cove competing for buyers right now. The first property at 28060 PCH came on the Malibu real estate market a few month ago at $55m then took a $10m price chop (just imagine that conversation between the listing agent and owner). Just a few days ago the property at 27740 PCH, just a few lots down, came on the market at $42.5m. Both are on similar lots and have homes between 11,000 and 12,000 sq.ft. They are both trophy properties by Malibu standards and sit on some of the most expensive real estate on the planet.

You can bet buyers in that price range are going to be looking at both properties for sale. Both homes are distinctively different in styles so it will be interesting to see which one sells first. Which one do you think will sell faster, the Spanish estate at 28060 or the traditional home at 27740? Check out the photo tours and decide! Comments about the price?

Like to see either home for sale? Call 310 699 8428 for a showing but be prepared to prove you can actually afford the properties! Unless you are crazy famous, it’s going to take more than “Just Google me” to get in!

Click here for photo tour at 27740 PCH

Click here for photo tour of 28060 PCH

Both places listed with Chris Cortazzo

Another Bank Owned Condo Deal in Malibu

Malibu Real Estate — Wed, 02 Mar 2011 19:52:35 +0000

I just got back from showing what I believe to be one of the best ocean view condo deals I’ve seen in the last 5 years! A third row, 2 bedroom end unit (only one shared wall) came on the bank owned/REO market yesterday for $378,000. Here’s the low down on this Malibu condo for sale…Two other units are listed on the third row and both are listed over $570,000. Those units don’t even have close to the ocean view that this bank owned one has. Not only does the bottom floor have a good ocean view, but the master bedroom has an ocean view that goes from Palos Verdes to the Point Dume headlands and you can see most of Catalina. This unit is turn key ready too. The carpets were clean, the walls were white, there were no funky smells, and the kitchen was recently remodeled. I did a quick look in the garage and it appears that the garage door is new and so is the water heater. Even the washer and dryer is still there! The bank will be looking at offers in 3 more days so you still have time to look at it.
One last thing…the pictures do not do this place justice…..it’s much nicer than the pictures in the mls.
Call for a showing anytime 310 699 8428

Malibu Real Estate Market Heats Up!

Malibu Real Estate — Sun, 03 Oct 2010 21:53:14 +0000

Malibu Real Estate Market Update!……

The real estate market is alive and well. Inventories are down from last year, the days on market are shortening, and homes are being sold! Condos, Land, and Malibu Homes are all starting to see action. 40 plus properties are listed as pending, back up , or have sold in the last 30 days. Low priced condos are being purchased with one notable unit coming on the market this week under $300k at the Malibu Gardens. Point Dume is seeing a lot of action with numerous escrows in the works with some very large numbers. I personally have one in escrow where the asking was $12,500,000 for a piece of land and there is a rumored deal going down on another Point Dume home around $13m. Managers at several brokerage are all stating that the agents are much busier than last year and the cash buyers are really out in force! If there ever was a time to buy, it seems like now may be it. Contact me if you’d like a list of properties available for sale in Malibu. Maliburealestate@mac.com

Hot Deals On Malibu Road

Malibu Real Estate — Fri, 02 Apr 2010 04:30:11 +0000

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. Not a whole lot of sand underneath so don’t expect a big hunk of dry beach to lounge on. It does have a rock wall, which to some is piece of mind, and huge decks where you and 30 friends could lay out for that Malibu Tan! The home is in need of an update but appears to be very well maintained. Someone will get a good deal on the this place. The spa tub in the master bath is worth a showing alone!

House number two. 24518 Malibu Road. Asking $5.5M

Total remodel project but a really cool post and beam house with a guest apartment above the garage. This is the one you buy, do a light remodel so yo can live in it while getting a permit, then build it out someday and let me sell it for a bit profit! I’m telling you the truth when I say there is some scary looking stuff on the carpet and on the walls BUT this is my bet for the best buy on Malibu Road. You just get a feeling for this place when you walk in like,” Man, this place has a ton of potential!.”

[idx-listing mlsnumber="10436793" showpricehistory="true" showlocation="true"]

Fire Engine Red Sale. Buy The House, Get A Bonus Ferrari F40!

Malibu Real Estate — Fri, 26 Mar 2010 19:04:13 +0000

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

For the “Low Down on the High End” in Malibu subscribe via the RSS feed button on the right or here.
For seriously straight talk about actually buying a home and living in Malibu, call me on my cell at 310 699 8428.

New School Real Estate Marketing

Malibu Real Estate — Sun, 21 Feb 2010 03:46:02 +0000

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.