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.
I’ve been busy working on a new Malibu real estate blog that will make searching easier. There will be more of a focus on showcasing properties rather than articles. I could use some feedback on the site so have a look and tell me what you think. www.maliburealestateandhomesforsale.com
A very unique Malibu Real Estate listing has surfaced this week on the MLS. The home not only has one of the best views in all of Malibu but also delivers incredible privacy. The home sits above the Malibu Pier and Surfrider beach and offers whitewater views from Palos Verdes to Point Dume. Check out the pics on the Flckr photostream. Call for showing 310 699 8428
For $375,000 you can buy a deluxe-Crayola-brown-tornado-proof-double-wide mobile home in Paradise Cove where you can do a surf check from your living room and walk to the beach in under a minute. This is the lowest price I’ve seen in the Cove for many years and what makes it a great deal is the ocean view.
Think about the benefits….
No property taxes, no gardener to pay, you can take it with you, and there’s a couple of spare tires underneath.
Where else can you live at the beach in Malibu for such a low price?
The mobile home is listed with David Carter of Pritchett- Rapf
It’s not often that you see a house like this for under $3,000,000 on Point Dume in Malibu. 2 years ago this price got you a tear down ranch house. Here’s the low down. The house is completely remodeled, has a good size yard with a large lawn, an nice ocean view, is close to Point Dume Marine Science Elementary School, and best of all …..a beach key to a private beach. At $2,495,000 It’s a smoking deal! Call me for more information about “Malibu Real Estate”. 310 699 8428
UPDATE>>>>IN ESCROW! There are other deals on the Point, including a few unlisted places!
The house is listed with Lily Harfouche of Coldwell banker
If the answer is less than 20, you may want to consider someone who takes the marketing of your home more seriously. One agent recently studied 268 listings in the MLS and found that homes with more photos sold much faster than those with just a few. Here is the relationship between the number of photos and Days on Market:
1 Photo = 70 Days on Market (DOM)
6 Photos = 40 DOM
16-19 = 36 DOM
20 or more = 32 DOM
Let’s now talk about the how it affects the sales price. Guess what? Listings with fewer pictures sold for less.
1 Photo = 91.2% of the original price
6 Photos or more = 95% of the original price
Here’s what Realtor.com has to say about the importance of photos: 84% of home buyers said that photos and detailed property descriptions are the most important features when searching for homes online. Homes with 6 photos or more are viewed in detail 299% more often. So here’s how to use this to your advantage. If you are selling make sure you agent uses at least 12 or more high quality photos in the MLS. If you are buying and looking for “deals” don’t overlook listings that just have a few photos. Chances are you’ll nab it at a discount price. Why? Because if the listing agent didn’t care much about a simple thing like having multiple good photos, they’ll probably not care much about fighting for a higher price for their client. Here is one example where I personally shot the photos (23) and built the website for my own listing. www.hollisterranch130.com Click here for current articles
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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