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Malibu, CA Real Estate News

By Marguerite Wherry
(Associate Broker / Teles Properties, Inc.)
Come to Malibu and Have Breakfast With SantaSat, Dec 20, Two seatings 8:30 am & 10:30 amAuditorium at Pt. Dume ElementaryTreat your child to a special morning out with Santa Claus and his elves. Activities include "all you can eat" pancake breakfast, arts & crafts, a special visit time with Santa and souvenirs. Cost: $5 per person or $15 for a family of 4. For more information, call (310) 317-1364.
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Malibu, CA - 90265 neighborhood details   Demographics zip 90265 County National Neighborhood type Suburban Population 19,652 10,341,064 281,522,000 Pop. density 207.6 8,392.8 79.6 Percent male 49.7% 49.5% 49.1% Percent female 50.3% 49.8% 50.9% Median age 43.8 34.0 37.6 People per household 2.4 2.9 2.6 Percent married 55.6% 45.6% 58.3% Percent single 44.4% 54.4% 41.6% Median household income $115,246 $59,463 $41,994 Avg. income per capita $65,614 $27,702 $21,587 Crime zip 90265 County National Violent crime risk index 7.0 6.3 3.0 Property crime risk index 4.0 5.5 3.2 Housing zip 90265 County National Median home value $2,177,100 $419,500 $185,400 Median age of homes 32.0 29.6 27.8 Home appreciation 19.6% 23.4% 12.3% Percent owning home 63.1% 49.4% 63.4% Percent renting home 22.6% 43.7%...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
5941 Kanan Dume Road will be open today. If you've ever wanted an amazing Tuscan style home with ocean views, and a vineyard, then stop by the open house today. It is located about 1 mile up Kanan from PCH. It has good ocean views and and a great driveway entry that winds through the vineyards. Bottle and make your own amazing wine at this great Malibu estate. www.MalibuWineVilla.com
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
How do you find deals in Malibu? Look for sellers that are going for big price reductions. Here are a few from the last week. 4226 ESCONDIDO DR Originally listed at $1,750,000. Chop to bits, Ginsu style, and now at $1,299,000. 6153 BONSALL DR Hit the market at $7,995,000. Hacked and slashed like a horror film down to $5,975,000. 6048 PHILIP AVE Showed up to the party at $5,475,000. Now singing Snoop Dogg's "Drop it like it's hot" to $4,875,000 24056 MALIBU RD Started at $5,595,000. Lowering with the tide to $5,195,000
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
Early in the week you could tell something different was in the air. It was hot and humid, and the cool northwesterlies were absent from the shores of Zuma. By Wednesday there were rumors of rain but the skies above Malibu were free from the tell tale cumulus nimbus clouds. Late Wednesday some unusual clouds started coming up from the south. I ran down to the beach and shot a few sunset pics. Still no rain. Around 11 pm I started to hear some thunder and a few minutes later saw some faint blasts of lightning. Over the next few hours the storm built in strength and was right on top of Malibu by 1 am. I was already in bed but the dog was acting up and I soon realized I would not be sleeping until the storm passed. I went online to wunderground.com and looked at the storm track function an...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
Luxury Home Insurance Just as elite and expensive cars require special insurance, so too do the luxury homes of Malibu. From an insurer's point of view, however, a house isn't a luxury home just because it came with a high price or an enormous amount of square footage. Instead, a luxury home must have one or more of the following features: fine architectural detailing or uncommon construction details, high-quality construction, significant age, and contents that include fine art, collectibles or antiques. If your home meets this description, you should be shopping for a luxury home policy. While all luxury home policies still cover all of the same perils and conditions as basic homeowners insurance policies, albeit at higher limits and values, there are certain thin...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
It looks like Villa Malibu is looking for some exciting new ways to market their property. They already have a strong presence in local print media, are ranked high on Google's search engine for "Malibu Real Estate", and throw boozie parties with killer food at least once a month for real estate agents to get the word out. But something was missing.....hum.... let me think.....oh yeah...girls in bikini's! These two ladies were hired to sunbathe on lounge chairs on PCH and to pass out flyers about rentals at Villa Malibu. In the 5 minutes I was there several people pulled up to get flyers and numerous construction workers drove by real slow either giving a thumbs up or a salutory honk of the horn. Here is the link to the website http://www.villamalibuliving.com/ if you need a luxury apar...
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By Stephen (Steve) Love
(Bennion Deville Homes (Formerly Windermere Real Estate) - Palm Springs Area)
This home is near everything at the border of Malibu and Pacific Palisades. Minutes from Santa Monica. Close to Beverly Hills and the San Fernando Valey (Burbank and the motion picture and TV studios). Priced affordably! Please contact Stephen Love at 760-668-4460 or sclove@windermere.com
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By Stephen (Steve) Love
(Bennion Deville Homes (Formerly Windermere Real Estate) - Palm Springs Area)
This home is near everything at the border of Malibu and Pacific Palisades. Minutes from Santa Monica. Close to Beverly Hills and the San Fernando Valey (Burbank and the motion picture and TV studios). Priced affordably! Please contact Stephen Love at 760-668-4460 or sclove@windermere.com
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By Stephen (Steve) Love
(Bennion Deville Homes (Formerly Windermere Real Estate) - Palm Springs Area)
Please keep us in mind for your Palm Springs area referrals. We've lived in Malibu for many years and know there are many prospects there for second homes in the desert area. It works well to include a line like "Let me introduce you to my Palm Springs area Realtors" in your marketing and Blog. By the way, our home in the Sunset Mesa development of Malibu is for lease ($6500 per month). It's a fantastic value. Here's the website URL: http://3711oceanhillway.epropertysites.com/ Looking forward to working with you. Regards, Stephen C. Love & Greysha Gordon-Love (760-668-4460) (760-902-8805)
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Why not spend the day at the beach with your favorite puppy dog! Southern California is known for it's summy days all year round so it's only right that we get to share this great weather with our favorite canine companion! Los Angeles has some of the best beaches in the world!Spend an afernoon in Malibu at these dog friendly beach spots!       Leo Carrillo State Beach, Malibu818-706-1310 Dogs allowed on a 6 ft leash. Allowed ONLY west (ie north, up the coast) from life guard Tower 3 for this beach and the other Malibu beaches listed below.             County Line Beach, Staircase Beach and beaches with Point Mugu State Park beaches, MalibuDogs allowed on 6 ft leash.805-370-2301            This post is supported by James90210 on Active Rain, Localism and all other blogs.
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
                   SOLD    HOUSE 1821 LATIGO CANYON RD   $5,450,000   6 6.50   0 807,166 1942   10/14/08 $4,900,000        SOLD    HOUSE 29500 HEATHERCLIFF RD #294   $495,000   3 2.00   1,900 2,250 1985   10/13/08 $450,000        SOLD    CONDO 6240 TAPIA DR #E   $1,085,000   3 2.50   1,599 0 1965   10/10/08 $1,030,000          SOLD    LAND 0 Cliffside Dr   $4,950,000     0.00   0 47,045     10/10/08 $1     Not a lot of activity for Malibu Real Estate. I'm curious as to why the parcel of land sold for $1 when it was listed for almost 5 MILLION?!?! I'm suspecting that it may have been sold to a family member of the seller. If you have any questions about the information provided or would like to speak with a professional regarding selling your home or purchasing a home, please contact my...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Wear your costume and compete in the costume contest, or just come play games, do arts & crafts or go through the Haunted Maze inside the Michael Landon Center. Friday, October 31 (appropriate for ages 1-10) 3:00 pm to 5:00 pm Free event $1.00 charge for Bounce House and $1.00 charge for Haunted Hall For more information please call (310) 317-1364  
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Carnival rides, music, food & fun - be sure to catch them all at the 2008 Kiwanis Chili Cook-Off that takes place Labor Day weekend, August 29 through September 1, 2008 in the Malibu Civic Center (PCH at Webb Way). I have been going to the Kiwanis carnival and chili cookoff for years. It's always fun and exciting. Not to mention, the chili is awesome! Monday 10am - 6pm
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By Janet Siderman
(Coldwell Banker-Malibu West)
Did you know the following Malibu properties have sold for a more than 15% price reduction from original list price since April 1, 2008? Moral of the Story for Buyers:  Don't be afraid to make an offer! To ask me more questions, or have me help you find a property, email me at: janet@callmalibuhome.com or call me at 310.924.4631. To read the complete article click here.
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
Maybe Carbon Beach should change it's name to Diamond Beach? A $65,000,000 beach home has become Malibu real estate's most expensive beach listing. Here is the description... THE "CROWN" OF CARBON BEACH. THE ULTIMATE BEACH ESTATE ON 150' OF BEACH-FRONT. THIS HOME HAS IT ALL - THEATER, PANELED OFFICE, MASTER W/ HIS & HERS, GYM, FAMILY ROOM, PUB, 75' BEACH-FRONT POOL & SPA. IF YOU ARE LOOKING FOR THE FINEST HOME ON THE PREMIER BEACH IN MALIBU, THIS IS WHAT YOU HAVE BEEN WAITING FOR. ALL CLIENTS MUST BE PREQUALIFIED AND APPROVED BY SELLER. NEED 24-HOUR NOTICE TO SHOW. Can't afford $65,000,000? Call me for info on the "lower tier", $20,000,000-$40,000,000 unlisted homes on other beaches. 310 699 8428 The Crown is listed with Stephen Shapiro/WEA
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
If you love doll houses, miss the Victorian Era, or are just plain ol' looking for a distressed "good deal" within the Malibu real estate market, then this Point Dume house might be for you. The home is located on Grasswood near Point Dume Marine Science elementary school, has a beach key, an ocean view, over 7000 sq.ft. (apprx.), and a large yard. It originally came on the market at $8,500,000 but due to a divorce, and a need to sell, the owners have lowered the price to $5,495,000 with this description from the MLS... "DIVORCE SALE! SELLERS EXTREMELY MOTIVATED. PHENOMENAL OPPORTUNITY. REDUCED OVER $3.0 MIL SINCE FIRST ON MARKET. OVER $1.25 MIL IN RECENT RENOVATIONS. EXQUISITE VICTORIAN W/DETACHED GUEST HOUSE ON GREAT PT. DUME STREET . BEAUTIFUL OCEAN AND CITY LIGHT VUS. VERY PRIVATE O...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
 1 S SFR 29500 Heathercliff Rd. #172 #172 2 2.00 0 1,536 3,000 1973 06/30/08 $591,700  2 S SFR 31346 BROAD BEACH RD 4 5.50 0 5,968 11,451 1988 06/30/08 $11,500,000  3 S SFR 29500 Heathercliff #230 #230 3 2.00 0 1,440 2,880 1973 06/30/08 $550,000  4 S C/C 26666 SEAGULL WAY #C105 #C105 1 1.00 104 672 0 1973 07/03/08 $790,000
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
A home (more like a funky shack) at 21106 Pacific Coast Highway burned down this morning. The house was listed for sale at $2,595,000 and had been on the market for almost one year. The blaze scorched both neighbors homes on either side. Here is the extensive MLS description..."Original beach shack bring your hammer." Yep, that sums in up. It's a fixer. I mean was a fixer. Below are the "Before" pictures. And After The home was listed with Steve Karsh of Malibu Surf Realty.
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By Janet Siderman
(Coldwell Banker-Malibu West)
Lately there has been so much information in the news about the real estate market and how depressed it is.  However, people are still selling their properties and new properties are being listed every day.  So, how do you sell your home in this market? As a seller you must take into consideration that we have a different type of real estate market than the last couple of years.  This is a buyer's market, which means you need to think of your home more like a commodity and less like a unique item.  While everyone feels their home has special qualities that make it stand out from other properties in their area, a buyer's market doesn't allow for a seller to use these qualities to price their home higher than the home next door.  How do you present your home to help the buyers feel like t...
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