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Angelyne, Malibu’s iconic goddess of plastic surgery and all things pink, placed her condo for sale last night. The American model and occasional actress who became an icon of Hollywood and Los Angeles is best known for purchasing billboards advertising herself like this one. The condo, located in the civic center area of Malibu, looks to be as unique as the owner herself with a plethora of pink accenting every nook and cranny. The Pièce de résistance is undoubtedly the master bedroom with it’s pink, 80′s style lacquer bedroom set covered in a sea of shagadelic pink quilts. The decor is truly a work of art and I think it should preserved as a museum highlighting fine interior design! The only thing missing is some Patrick Nagel litho’s on the wall.
Here’s the low down….it’s really priced well for a three bedroom ocean view condo in Malibu. It’s a short sale and will likely go out at a better price than the asking of $575,000. Not sure what kind of work it needs but you can bet if they are serving pink Hostess Snowballs at caravan I’m going to check out the lair!
From the MLS “Great property in Malibu, NEEDS TLC & UPGRADES. Great ocean views. 3 bd 4 bath townhome/condo with great potential.”
A Malibu home featured on an episode of HBO’s True Blood and in the movie Funny People is listed for sale at $75,000,000. The home, known as La Villa Contenta, is considered to be one of the finest homes ever built in Malibu and sits on several acres of prime bluff top land above Latigo Point and features panoramic views of the bay at Paradise Cove. This section of Malibu, between Point Dume and Latigo, now has the highest concentration of homes for sale above $15,000,000. There are also two other homes for sale along this section of beach. One for $55,000,000 and the other a practical steal at $20,000,000!
Here’s the low down on the high end…..Yes, that’s a huge number, but it comes with several lots and you can buy the house on its own for $34,000,000. There is nothing like it in Malibu. Sure, we have large properties for sale and some are asking $50m plus, but none come close to being this well done. The home and land have more in common with the villas and mansions you see in Montecito or at Lake Como than what you would expect to see in Malibu. Would I list it at that price? Sure. This is the type of home that someone with unlimited financial resources may walk in and say ”I want it!” It’s happened several times on Carbon Beach where one such home just closed above $30m. Want to see it? You’ll need to be seriously pre-qualified! Sheiks, Royalty, Oil Tycoons, and the guys from Google and Facebook can call for more info. 310 699 8428.
What’s your opinion? Over priced hype? OR Amazing at any price?
From the MLS “LA VILLA CONTENTA. ONE OF THE WORLD’S PREMIER PROPERTIES AND NEVER BEFORE LISTED FOR SALE. THIS ULTIMATE COMPOUND IS LOCATED ON APPROX 8 ACRES OF THE MOST PRIME BLUFF TOP THAT MALIBU HAS TO OFFER. PROPERTY INCLUDES A GUEST HOUSE, POOL HOUSE AND OFFICE SPACE WHICH CAN BE USED AS A 6 BEDROOM SECOND HOME. GATED, WITH INCREDIBLE PRIVACY, AMAZING ENTERTAINING AREAS, INFINITY POOL, GRAND THEATER, PONDS, TENNIS COURT. THIS PROPERTY ALSO INCLUDES APN’S 4460-023-009; 4460-023-007; 4460-023-008″
Recent sales activity on Point Dume in Malibu again shows that the real estate market is alive and well on the Point. Numerous homes have sold or have gone in to escrow in the last 2 months. A significant deal may have closed last week where a home and lot were purchased together somewhere in the neighborhood of $15m. This particular sale is interesting in that the home was not listed for sale in the MLS* and is on a street where another large sale took place a few years ago where a well know local knocked on a door and offered a sum of money the home owner could not refuse.
*Note about listing….The home had been previously listed for sale and lease in the MLS. The listing in the MLS offering it for sale expired on 8/16/1020.
Update! Title records are confirming the sale. Here are the pics and old MLS description…”NEW BALINESE STYLE CONTEMPORARY. BEAUTIFUL HARDWOOD FLOORS AND EXQUISITE PONDS AND STATUARY. 5 BR MAIN RESIDENCE W/HIGH WOODEN BEAM CEILINGS AND BI FOLDING WOODEN SLIDERS, LG OPEN ENT. AREAS AND A GOURMET GATHER ROUND KTCH BRING FRIENDS AND FAMILY TOGETHER. SEPARATE 1 BR G/H POOLSIDE CABANA. 25 YARD LONG SWIMMING POOL W/ A SHALLOW END BEACH SPA. OVER 1 ACRE ON MAGNIFICENT POINT DUME BLUFFS. DIRECT WALKING PATH TO PVT BEACHES W/ PVT BEACH RIGHTS. 5 C/GARAGE PLUS MOTOR COURT. GREEN ENERGY HOUSE.” Previously listed at $15,995,000 with Terry Lucoff
Call me if you’d like to see homes for sale on Point Dume and don’t want to have to knock on any doors.
Newly remodeled Point Dume home on Bluewater with ocean and mountain views, large yard, gated, private, and close to the sandy shores of Point Dume. This Malibu home features a few very unique qualities..The home has new copper piping and a filtration system that removes fluoride from the water. It also has plaster walls instead of drywall and most of the doors and windows have been replaced. The kitchen is a one of a kind creation that was imported from Italy.
Thursday is caravan day in Malibu. That’s when all the agents go out and see the new real estate listings on the market and try to score a free meal (food is sometimes served..it should be mandatory!). Truth be told, there’s a lot of homes that you’ll forget about minutes after leaving. Every once in while one really sticks out and last week I ran in to one of those where kept repeating in my mind, “WOW This house is really freakin’ great!” The home at 6400 Bonsall has to be one of the coolest small homes I’ve seen in a while and several of the agents that walked in were saying the same thing. Also, at one of our office meetings, it was voted as best house on caravan. Enough said…go see it! The Spanish style home has been extensively remodeled and is located on a large piece of land complete with pool, waterfall, tennis court, and mature trees. Everything about was just done right. The home is price well too at $2,195,000. I’m betting this one sells fast! Check the slideshow below. MLS info here “SIMPLY SOPHISTICATED AND ELEGANT, THIS RECENTLY REMODELED PROPERTY IS A HIDDEN TREASURE ON ONE OF THE MOST DESIRABLE STREETS IN MALIBU. A LONG AND PRIVATE DRIVE WITH TWENTY FOOT HEDGES WELCOME YOU IN. HANDMADE WOODEN GATES OPEN TO THE COURTYARD WHICH CENTERS THE HOME. THE SOFT HUES, HIGH END APPLIANCES AND OUTDOOR KITCHEN AND FIRE PITS CREATE A ROMANTIC AND PEACEFUL HOME. A TRUE BEAUTY INSIDE AND OUT.”
There are currently 15 Malibu homes for sale on my bank owned, REO, or short sale list (up from 14 last week). All you have to do is email me and I can send you the list. E-mail Me! I will also sign you up for an alert program that will give you morning updates on any property that hits the market that’s distressed. Wait, Watch, Then Strike!
The best deal out there right now for a “family home” is a house on Bridella. It’s a 5 bedroom home for $749,000! Call 310 699 8428 for a showing or to talk about Malibu homes for sale.
The Malibu Real Estate blog first reported about the Daly house several months ago here. The home sold last week for what may turn out to be the highest sales price of a Malibu home for all of 2010. It came on the market at $57m and was reduced $10m a short time later. The Malibu beach house, located on Carbon Beach, is rumored to have sold for more than $40,000,000 ! More info at the WSJ here.
Numerous other sales might surprise you too! A house in the Colony closed for above $20m and another above $18m. The high end is he most active portion of the Malibu Real Estate market right now!
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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 anytime 7am to 10pm.
There are currently 14 Malibu homes for sale on my bank owned, REO, or short sale list. All you have to do is email me and I can send you the list. E-mail Me!
There’s a deal to be had if anyone is looking for a large estate perched on a bluff right above the water! The property at 33730 Pacific Coast Highway was listed in 06 at $20,000,000 and has now become a bank owned sale at $10,999,000. That’s a serious half off sale! The home has a bonus parcel behind it with it’s own building potential. The property is located about half a mile south of Leo Carillo and has stairs to the sand. There are numerous surf breaks located within paddling distance of the home. Here’s he MLS info” ***REDUCED AGAIN! *** THIS BANK OWNED ESTATE IS PRICED TO SELL. BEAUTIFUL GATED ESTATE LOCATED ON THE ENCINAL BLUFFS. THIS BEACH HOME HAS RECENTLY UNDERGONE THE TRANSFORMATION INTO A STUNNING ITALIAN COUNTRY BEACH ESTATE CONSISTING OF TWO LEGAL LOTS TOTALING OVER 1.6 ACRES. POSITIONED TO TAKE FULL ADVANTAGE OF THE PANORAMIC OCEAN AND COASTLINE VIEWS WITH EXPANSIVE BEACH SIDE DECKS FOR ENJOYMENT AND ENTERTAINING. TAX INFORMATION SHOWS THE RESIDENCE AS A 4 BEDROOM AND 3 BATH HOME, ACTUAL CONFIGURATION IS 3 BEDROOMS, 3.5 BATHS AND AN OFFICE/DEN. THE RESIDENCE IS LOCATED ON THE LOWER OF TWO PARCELS WHILE THE UPPER PARCEL MAINTAINS IT’S OWN DEVELOPMENT POTENTIAL. THIS IS A VERY SPECIAL PROPERTY AND PRICED EXTREMELY WELL AS A BANK OWNED PROPERTY”
Call 310 699 8428 for an appointment to view the home or any other bank owned homes in Malibu.
There are several great homes for sale on Point Dume in Malibu but one really stands out as being a great buy. If someone asked me what the best buy in the Point is I’d have to say the home at 6805 Wildlife Road. With an asking price of $2,800,000 it has several major pluses. First, it’s about a 20 second walk to the beach along a private trail out of the backyard. Second, it’s big..really big with apprx. 6100 sq.ft. and has a rental unit that Pepperdine students love to rent. Lastly, it’s nice, clean, and was reduced from $3,800,000. There is no ocean view but you will hear the surf hitting on the shore at night! The house also carries deeded beach rights which means you will get a beach key! Call for a showing 310 699 8428
From the MLS…”Malibu Point Dume 6,119 Sq. Ft. Private Security Gated Custom Mediterranean w/Guest Hse. Riviera II Beach Key on Celebrity, Premier Street. Entertaining Courtyd & Central Deck. Living Rm w/Fireplace, Bar, Skylites. Formal Dining Rm. Kitchen Seats 10+. Natural Oak Hardwd Floors in 7 Rms. High Ceilings/Light. Guest Suite on 1st Floor w/Family Rm or Office & 2nd Fireplace. 3 Car Garage, Rose Arbor, Custom Playhouse. Gardens Throughout IncludeArborist Maintained 24 Fruit/Nut Trees, 9 Flowering Trees, 424 Ficus Trees, Jasmine, Wisteria, 97 Roses, & More. ”
So what do you do if you want a fire show on the 4th of July but you want it right in your back yard? Hire a private barge to come out and shoot as many fireworks as your pocket book will allow!
Around July 1st, it’s time to start finding out who is having a firework show and where the best beach parties are going to be at. Broad Beach, Paradise Cove, and The Colony have always been good bets in the past. There’s also the PCH Traffic Party.
Three Private Firework displays have received permits so far.
You still have time to come out and enjoy a month in Malibu. There are several beach houses available for the month of August. Prices range form $20k-$100k but you’ll need to act fast because agents across the board are reporting that they are getting multiple calls for summer rentals. Call for a list of what is available. 310 699 8428
Carbon Beach, aka billionaires beach, has given us one more reason to believe it’s name. A new $57,000,000 listing came on the Malibu real estate market this week. This is not your average beach house! This Malibu home for sale is on a triple lot on Carbon beach and has almost 13,000 sq.ft. with 180 feet of frontage. The home is exceptionally done in a Cape Cod style and boasts 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
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.
On Monday mornings we have our office meeting to discuss various aspects of the Malibu real estate market. One question we always throw around is, “What was the best thing on caravan?” About half the agents, including me, thought the new listing on Birdview was the nicest house for sale. The home has a distinctly Asian feel with the kiln-fired and blue glazed tile roof, an Indonesian/Bali feel with the tropical landscape, and a zen/Craftsman interior that smartly leaves the Japanese feel at the door. The shared feeling by many agents was “what a pleasant surprise” and “this house has a great feel.” The house, in fact, was so unique and special, that the $11m asking price seemed to be a side note. This is the type of home someone will walk into and just “want it” because of the emotional connection.
From the MLS “SEASIDE BLUFFTOP ESTATE- PRIVATE PATH LEADS TO SANDY SHORELINE- ROMANTIC AND PRIVATE SETTING- LUSH LANDSCAPING ENVELOPES YOU IN A TROPICAL PARADISE- INCREDIBLE OCEAN VIEWS SPAN THE PRISTINE COASTLINE- OPEN & FREE FLOWING FLOOR PLAN 6 BEDROOMS- MEDIA ROOM, OFFICE, GOURMET KITCHEN AND EXQUISITE MASTER BATH- SEPARATE GUEST HOUSE BY LAGOON POOL WITH ADDITIONAL BEDROOM, BATH AND GYM- SPACIOUS PATIOS WITH OCEAN VIEW DINING AND ENTERTAINING SPACE- NO NEED TO VACATION ON A TROPICAL ISLE, HERE, YOU HAVE YOUR OWN FANTASY RETREAT.”
Listed with Chris Cortazzo and Bobette Halverson
Update! Just saw this house hours ago and it has a 4th bedroom. It’s a great place and has a lot of potential to be built out.
A new listing on Point Dume hit the Malibu real estate market yesterday. The remodeled ranch home is located at 6847 Wildlife and is close enough to the beach that you should be able to walk to the water in under 2 minutes and hear the waves at night. The property is on nearly an acre of land with the home being around 1900 sq.ft. having three bedrooms. The current house is nice enough to live in and kept as is, but the property will likely find a buyer who will build something much larger. The home for sale is listed at $3,450,000 and my bet is that it will sell fast! Call to see it before it’s too late. 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.
The Los Angeles Times has mentioned the Malibu Real Estate Blog in the online addition and will be in print this weekend. The article is about how the high-end market has shifted and why sellers need to rethink the way their homes are priced. I look at the positive side of this article in that buyers can pick up some great deals that a few years ago were out of reach.
I was referenced in a section about “chasing the market”. The article says it’s when a seller continually lowers the price of a home until a buyer is found. It is that but more. Chasing the market is when a seller has the price a little to high while the market is falling and when they lower the price it’s always a bit to late. The cycle repeats. Often, offers they said no to, end up being more than to what they lowered the price to. I have seen this happen numerous times in this market when the tides started to turn. Check out the link here.
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.
There’s a skit on SNL/Hulu that we watch called “What Up With Dat”. It’s silly and doesn’t make a ton of sense but the catch phrase get’s so stuck in your head you to will be saying it to your spouse like I do. My wife will say, “The dog just jumped on the bed with dirty feet!” and I’ll reply, Continue Reading »
Check out this brilliant, funny, and painfully honest sales approach to mobile homes. This is not how we roll in Malibu but I’d sure like to see this guy move some units in the Point Dume Club or Paradise Cove!
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!
The Carbon Mesa home for sale mentioned a week ago on this blog had offers on it right away and is listed as ” Backup” status on the MLS. The Malibu home for sale was once listed as high as $2,950,000 and hit the market at $1,141,000. Had you been signed up for my Listing Book program you would have had an early morning email the day it came on the market. Email Me if you like to be this program. In the email tell me what your price range is and what you are looking for.
Heading out on caravan right now. I’ll be posting thoughts on some of the Malibu homes for sale that I see. There are a few beach homes on Las Tunas and Carbon Beach that should be interesting. The blue box to the right is the live feed where you can follow me on Twitter.
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.
Here are some signs that your agent is from another epoch.
-Tries to photograph your listing with an old film camera (cell phones are just as bad)
-Does not text message
-Checks email only once per day at night, likely on an AOL email account
-Doesn’t use sign riders with domain names,text messaging or QR codes for mobile devices
-Still believes that a full page print ad is a “big time” marketing campaign and that it alone will sell the home
-Thinks a bowl of stale peanuts will get other agents to come to the broker’s open
-Does not use or understand social media Continue Reading »
Another video I just made after shooting a house on Broad Beach. Some of the feedback was that the first one was too fast and the resolution was low. I’ve slowed down the transitions and used a higher def format. Feedback is welcome!
For Questions about Malibu real estate, leases, vacation rentals, and where to eat, call Michael Gardner Prudential Malibu Realty Cell: 1 310 699 8428.
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