The Malibu Real Estate Blog

There was a time not so long ago that a $100,000 per month Malibu summer rental was the talk of the town. Now it’s like, “Whatever, pass the Splenda, I gotta run to Pilates”. The new OMG price range is above $200,000 per month or higher and it shouldn’t be long before someone makes a run at $300k.

Do they get rented? Yes. Just when you think there is no way anyones going to pay that amount, the listing quietly gets withdrawn from the MLS, and a fleet of black Chevy suburbans with funny little TCP letters on the back bumper appear in front of the address.

Who are these people? In the upper digits it’s likely sheiks, royalty, oil barons, and guys who like horses under the hood or in the stable. It’s not the A-list actors that have business managers with good sense; they tend to stay in the $100k and under club.

Call for a showing but to see any of these you’ll need to be seriously qualified. Swiss bank statements, a truck load of gold bullion, or showing up with Mark Zuckerberg should all be fine.

Here are the Top Three Most Expensive Summer Rentals in Malibu

1. 26848 Pacific Coast Highway. $250,000 per month with 13 bedrooms and  14 baths.
2. 23316 Malibu Colony Road. Listed at $200,000 per month with 5 bedrooms and 7 baths. It will be completed by summer 2011.
3. 7107 Birdview on Point Dume asking $100,000 with 6 bedrooms and 6.5 baths.

1 listed w Chris Cortazzo, 2 with Damon Skelton, 3 with Paul Randall

A Carbon beach home hit the lease market this morning at $200,000 per month! This section of Malibu is also known as Billionaires Beach and for good reason. Some of the biggest names in entertainment, technology, and investment banking have purchased double, and triple lots and built some of the largest beach homes in California. Let’s break it down a bit…..The daily price calcs out to about $6500 per day. A bargain when checking out this top ten list of most expensive hotel rooms around the world with the top five all above $30k per night. Maybe the owner of the boat known as A will need a place to store some supplies for his mega yacht when in town again. Call for a showing if you are seriously pre qualified. 310 699 8428.

From the MLS “An extraordinary opportunity to lease the most spectacular estate on coveted Carbon Beach. This unparalleled beachfront residence features 7 spacious bedroom suites, 10 luxurious bathrooms, a massive oceanfront master with immense his/hers dressing rooms, gym, wine cellar, phenomenal gourmet kitchen, magnificent family room; all showcasing ocean views, grand scale, and world class quality. The lavish grounds of the home embrace a beachfront swimming pool and spa, sports court, fire pit, expansive covered lanais, and lush oceanfront gardens. All of this is set on nearly ¾ of an acre with 180’ of frontage on the deepest part of Carbon offering forever views of the Pacific, the Queens Necklace, and the Malibu Coast. This fully furnished home is for those seeking the absolute finest in beachfront living. A one-year minimum lease term is required. Shown to pre-qualified clients only. See private remarks for showing instructions.”

Listed with Kurt Rappaport WEA

If you are looking to lease or rent a beach home on a private, guard gated street, this home on Malibu Cove Colony may fit the bill. Point Dume, Paradise Cove, Geoffrey’s, and Latigo can all be walked to from this beach house. $19,500 per month. Call for showings 310 699 8428

Listed with Isabell Miller and Shelly Yrigoyen PR Malibu

March is the month when summer  beach rentals and leases come on the Malibu Real Estate market. If you haven’t secured your beach rental by the middle of May you are likely to find yourself building sand castles in Mojave. I predict this year lease prices will be slightly lower than last years but the premium beaches like Broad Beach, The Colony, Carbon Beach, and Malibu Road, will still command high prices. Summer Rental prices on the low end will be around $10,000 and top at at $100,000 or more for the best beach houses. E-mail Me if you’d like a list of available rentals sent to you. You can also click here. Click this link to be taken to an MLS search for all beach leases in Malibu.The user id is x55032 and the password is lease

The gilded age continues! For $150,000 per month, with a two month minimum, you can rent the ultimate get away house. The home, located on Cliffside Drive on Point Dume, has 4 bedrooms and 8 baths with enough interior space to park a few Gulf Stream V’s. There is a  direct trail to the beach and you can run around the property naked if you please because you will have total privacy. You are going to have to cough up a nice security deposit of $300,000 which means you’d better be ready  to cut a check for $450,000 to move in for the first month.  Let’s work with smaller numbers ya’ll can grasp. It’s only $200 per hour or $5000 per day. Considering that the Presidential Suite at Shutters in Santa Monica is $3500 per night, renting this for a mere $1500 more  makes sense, right?. Why rent a room in a hotel when you can rent a Mansion? The only downside to staying here is that you can’t walk outside and buy fake sunglasses or watch guys in Dolphin shorts skating on the Venice Boardwalk. Oh well. 

 The home is listed with Chris Cortazzo of Coldwell Banker