The Malibu Real Estate Blog

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.”

The home was listed with David Carter PR.

Only in Malibu….Yep…….. $390,000 for the right to park a mobile home at Paradise Cove. A new listing hit the MLS this morning stating that for $390k you can buy the rights to park a 1385 sq.ft  mobile home in what may be the worlds most expensive trailer park. Once you pull your D-Lux “double or triple wide”  home on wheels you’ll still have to pay space rent which can run $1500-$2500 per month. Good news is that the listing states that the owner  may carry paper until you buy your manufactured home on wheels. Just to put things in perspective, there have been several sales in the $1.5m t0 $2m price range in the cove over the last several years. I think I need to pitch an MTV show called “Cribs on Wheels” or “Mobile Cribs”.

From the MLS “Vacant space in the upper section of Paradise Cove w/ Park approved plans for a manufactured 3BDR 2BA 1385 SQ. FT. home. Owner will carry a first until the new home is brought in and occupied. Located on a quiet street near the park and beach trail. Great opportunity to get into the Cove at a great price!”

My take? A pretty fair price considering that most of the time you need to buy someone else’s junky old mobile home, have it torn down or dismantled, then pull in your new place. At least with this deal, a lot of the headache factor has been already taken care of. Just pick out a home online, click “buy it now”, have it delivered, then buy a golf cart with surf racks and call it a day.

Email Me to get the list of all available mobile homes for sale in Malibu.
Click this link to be taken to an MLS search for all Mobile Home in Malibu.The user id is x55032 and the password is trailer.

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

There’s has been a big uptick in searches for mobile homes in both the Point Dume Club and Paradise Cove. The easiest way for me to help you is to send you all the listings from both. Here is the quick low down on the high end….
You own the mobile home but pay space rent to the owners of the park. You can lease out your mobile home at the Point Dume Club but not at Paradise Cove. Both have easy beach access but if you surf, the beach at Paradise Cove is better.
Email Me to get the list of all available mobile homes for sale in Malibu.
Click this link to be taken to an MLS search for all Mobile Home in Malibu.The user id is x55032 and the password is trailer


Image courtesy the MLS listed with Madelaine Kolisny and Kirk Murry

Vanity Fair ran a really nice article about the mobile homes in Paradise Cove, Malibu in the recent issue. Both David Carter and the trailer park got some great press. Here are some links that should help you.
The article can be found here at our FaceBook page

You can search mobile homes for sale here.
Click this link to be taken to an MLS search for all Mobile Home in Malibu.The user id is x55032 and the password is trailer

Interested in a Malibu Mobile Home? We have two parks, one at Paradise Cove and The Point Dume Club. Just email me and you’ll have the list within an hour….unless I’m out surfing! You’ll get it when I dry off! Call to discuss 310 699 8428.

E-mail Me! for a list of Malibu mobile homes. Check out this video  about moving mobile homes!

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!

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

Two Million Dollar mobile homes? Yes, only in Malibu. Even during a depressed real estate market, someone was willing to pay over $2m for one of the finest mobile homes ever offered within the Malibu real estate market. The deluxe park “coach” sits on the same stretch of bluff where nearby homes range from $10-$30m. The price may seem high but when you factor in that you are above the water and can walk down to a private beach, it may be the most affordable way to live large in Malibu.

The mobile home was listed with David Carter/ PRapf

This is the biggest price drop I’ve seen in the Malibu Real Estate market, ever. Starting out $39,500,000, this ocean front property has been chopped to $21,500,000 in 4 short months. That’s an $18,000,000 chop in 120 days!  The home is located just south of the Paradise Cove pier and was recently  remodeled.

Here’s the MLS description……
ONE OF MALIBU’S SPECIAL GATED BLUFF & BEACHFRONT COMPOUNDS OVERLOOKING DESIRABLE PARADISE COVE. NEWLY COMPLETED & OFFERING A SEAMLESS TRANSITION BETWEEN INDOOR & OUTDOOR LIVING & ENTERTAINING IN A CASUAL, YET DRAMATICALLY ELEGANT SETTING. PROPERTY FEATURES: A SPECTACULAR MAIN HOME W/ OCEANFRONT INFINITY POOL & SPA, GUEST HOUSES & BEACH PAVILION ON APPROX. 81′ OF SANDY BEACH FRONTAGE. APPROX. 2.4 LANDSCAPED ACRES IN TWO PARCELS, WITH LIMITLESS COASTLINE & OCEAN VISTAS. THERE IS NOTHING LIKE IT!!

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Click this link to be taken to an MLS search for all beach houses in Malibu.The user id is x55032 and the password is beach

Listed with Ellen Francisco/ Coldwell Banker

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? To read the current article about Mobile Homes click The Malibu real estate blog.

The mobile home is listed with David Carter of Pritchett- Rapf

Is there anything affordable in Malibu you ask? Yes. You want to roll big because….well,  that’s how you roll, right? You just want to say “I live in Malibu..right above the beach”. Not much cash? OK! Here’s your answer…Mobile homes. Big ones with ocean views, the sound of waves to put you to sleep, and a tricked out golf cart with surfboard racks and a 2 inch lift.

The price may sound high but you’ll be watching the same sunset over the water that several celebs watch from their $15,000,000 homes on the same bluff just a block away.

Malibu has two mobile home parks. One at Paradise Cove and the other, known as The Point Dume Club, on Point Dume. Between the two parks there are currently 5 mobile homes for sale above $1,000,000! The highest comes in at $1,395,000 and you will still need to pay space rent once you buy the mobile home. Space rents run from $1000 to $3000 depending on location, size of the lot, and views. Since the mobile homes might only be worth a few hundred thousand what you are really paying for is the right to be there on the rented land. That right gives you ocean views, an affordable alternative to the high priced mansions in Malibu, and your own beach to use within a few minutes walk away.

Here are the Top 5 with descriptions from the MLS.

1) $1,395,000 for a 2 bedroom 2 bath in Paradise Cove

LOCATION! LOCATION! THIS UNIT SITS ON THE BLUFF TOP OF THE PARK OFFERING SWEEPING OCEAN VIEWS. IT FEATURES A BEAUTIFUL WRAP AROUND DECK WITH A GRASSY BACKYARD THAT IS PERFECT FOR ENTERTAINING. THE HOME IS IN PRISTINE CONDITION AND HAS BEEN NEWLY PAINTED, HARDWOOD FLOORS THROUGHOUT AND NEW GRANITE COUNTERS IN KITCHEN AND BATHROOMS. THE UNIT IS LOCATED IN ONE OF THE BEST SPOTS IN THE PARK.

Listed with Shirley Sherman of Westside Estate Agency

2) $1,395,000 for a 2 bedroom 2 bath in Paradise Cove

PARADISE COVE BLUFF LOCATION. OUTSTANDING SANTA MONICA BAY OCEAN VIEWS. BEAUTIFUL, CUSTOM ” MEXICAN HACIENDA” STYLE HOME. UPGRADED WITH THE UTMOST QUALITY AND STYLE; AS ‘ FEATURED ON THE TRAVEL CHANNEL, CBS NEWS AND LA TIMES ‘. LEADED GLASS WINDOWS, CENTER ISLAND TILE KITCHEN, TILE BATHROOMS, SKYLIGHTS, FIREPLACE, AND RECESSED LIGHTING. FRENCH DOORS OPEN FROM EVERY ROOM ONTO LARGE STONE DECK. ENTER A TROPICAL PARADISE OF LUSH LANDSCAPING, PRIVACY AND SPA TUB. BONUS ROOM CAN BE 3RD BEDROOM.

Listed with David Carter of Pritchett-Rapf Malibu

3) $1,385,000 for a 2 bedroom 2 bath in Paradise Cove

UNOBSTRUCTED, AWESOME, WHITE WATER OCEAN VIEWS OF PARADISE COVE AND SANTA MONICA BAY. COMPLETE UPSCALE REMODEL WITH WALNUT HARDWOOD FLOORS, BUILT-IN BANQUETTE, STONE FIREPLACE, CUSTOM CABINETS, TILE BATHROOMS WITH GRANITE COUNTERS, AND STUNNING KITCHEN WITH CENTER ISLAND. GREAT FLOOR PLAN, HUGE CUSTOM SLIDERS TO LARGE WRAP AROUND ENTERTAINMENT DECK, WITH TILED OUTSIDE BBQ & FRIDGE. HILLSIDE BLUFF LOCATION, QUIET STREET, GOOD PARKING.

Listed with David Carter of Pritchett-Rapf Malibu

4)$1,250,000 for a 4 bedroom 3 bath in the Point Dume Club

JOIN THE ENTERTAINMENT ELITE IN THIS EXCLUSIVE GUARD GATED MALIBU BEACH-SIDE COMMUNITY WHERE THE HOLLYWOOD HIP HIDE OUT FROM THE PAPARAZZI AND HANG OUT IN FABULOUS HOMES FOR A STEAL – LIKE THIS ONE AT ONLY $1.25 MILLION. THIS FANTASY HOME HAS BREEZY OCEAN VIEWS, 4 BEDROOMS, 3 LUXE BATHS, ANTIQUE CABINETRY, CHEF’

S KITCHEN & PVT PATH TO LEGENDARY ZUMA BEACH. THE NEIGHBORS ALONE ARE WORTH THE PRICE!

Listed with Carol Bird of of Westside Estate Agency

5) $1,149,000 for a 3 bedroom 2 bath in Paradise Cove

BEACH PARADISE IN THE OCEANFRONT COMMUNITY OF PARADISE COVE. GREAT UPPER LEVEL LOCATION WITH OCEAN VIEW.OPEN FLOOR PLAN AND UNIQUE PROPERTY WITH GREAT POTENTIAL. SURROUNDED BY BEAUTIFULLY RENOVATED HOMES. OPEN AND SECLUDED OUTDOOR DECK WITH UNOBSTRUCTED VIEW OF THE OCEAN, SURF, MOUNTAIN AND SUNSET. WALK TO SURF AND BEACH FROM YOUR FRONT DOOR. KIDS PLAYGROUND, REC ROOM, TENNIS AND BASKETBALL COURTS.

Listed with Chelsea Bulte of Coldwell Banker Malibu