The Malibu Real Estate Blog

One of the areas highest price listings got a price chop with $15m being lobed off the original $65m asking price. The grand wine estate hit the real estate market a few months back and was among the top five most expensive listings for sale in the Los Angeles area. The homes sits on one of the highest promontories in the Santa Monica mountain range and has jet liner views including a fair amount of blue ocean over Malibu. $49,000,000 now gets you your own “king of the mountain” estate with a vineyard that is ready to bottle a good amount of wine.

From the MLS “HUGE PRICE REDUCTION! Exceptional Rocky Oaks Estate consisting of 37 acres w/spectacular 360 degree views of the ocean & vistas of city lights & park-lands. Featuring an award winning vineyard, newly completed magnificent Tuscan home w/additional pads for GH, guard house & possible helipad, this estate encompasses acres of terraced vineyards & lush hillsides filled w/orchards. Designed by esteemed architect Bob Easton, this 9,000 SF grand home offers state-of-the-art amenities inc. infinity pool & outside loggia. A VERY SPECIAL PROPERTY!”
listed with Sally Forster Jones CB

The gilded age continues! New this week to the Malibu Real Estate market is  a 9000 sq.ft. Tuscan wine estate  with an asking price of $65,ooo,ooo! For  that price you get 37 acres of land with the home located on the top of a mountain with 360 degrees views of the ocean, valley, and city. If you want to be king of the mountain, then there might not be any finer home than this one. The home for sale is located in the middle on Malibu’s burgoning wine country along the Kanan corridor. You may have seen a few times as you get close to the tunnels, a castle-like structure on the high peak among thousands of grape vines. There is an invite only  private showing on Thursday where I will post live updates via Twitter about the scene, the food, and if it’s really worth $65,000,000. Pics to come as soon as they are posted! There are only two other listings in the MLS that are higher priced than this. One for  $72m and one for $75m! Tomorrow I’ll post write about the top 5 most expensive listings in the area.