Malibu, CA Real Estate News

By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
By The Malibu Real Estate Blog Themaliburealestateblog.com The growing demand for high-end finished products in the Malibu real estate market continues to be met with new homes like this. Listed at $25,000,000, this stunning East Coast traditional sits on the cliffs of Point Dume above the Pacific Ocean. The home sets a new record asking price for this section of ocean view bluff and will most likely elevate the value of all the neighboring properties when a sale is finalized. The home was built by Albino Construction, known for building the highest quality homes that are almost always purchased by celebs or entertainment titans. It features 7 bedrooms and 11 bathrooms with 8756 Sq. Ft. on little over one acre of prime Malibu soil. There is an infinity edge pool, expansive ocean views, ...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
click on a picture for more information and price MUST SELL! A Malibu Bay Club ocean retreat with cash flow! Stunning ocean views from this two level remodeled condo with granite kitchen and granite bathroom w/spa tub. 1 bedroom, 1 bath on the main level, 2 bedroom, 1 bathroom on lower level. You can live in one and rent the other. Complex amenities include pool, spa, paddle tennis and private beach. Tenant Occupied. Need 24 hours notice to show. Malibu is one of the most desireable areas in the world! To preview the finest Real Estate in Malibu, Pacific Palisades, Santa Monica, Beverly Hills, Brentwood, and Burbank please visit my website. When you are ready to view homes or have any questions regarding selling your home, please contact me.
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
Chew on this.......There are currently 6 mobile homes for sale in Malibu that are asking over $1,000,000. The highest price coach goes for $1.8m. and during the last 3 years there have been almost a dozen sales over $1m! The HOA's or "space rent" will run almost $2000 per month and you will need to get tags each year with the DMV! What gives you ask! Your green buys blue............ocean views that is. In these price ranges you are paying for big 180 degree ocean views.We have two mobile home parks in Malibu that are both located on hundreds of acres of prime real estate nestled up to the beach. Both Paradise Cove and The Point Dume Club sit on bluffs directly over the Pacific Ocean. Many of these mobile homes have ocean views that rival the $20m homes along PCH and both have roads or t...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Click on picture for more information and price Incredible deal on this house with totally separate lot next door. Large 4 bedroom house (2540 Sq.Ft.) Needs love! Panoramic ocean/bay/Catalina Views! Almost 5 acres total land. Gated private drive. Minutes from city or Valley. Potential galore. Motivated seller wants all offers. Perfect for contractor/investor. Plenty of room to roam with yard, spa and land. Horses ok! 2.5 car garage! Two large decks, 1st floor concrete slab deck, 2nd story large wood patio with storage & breathtaking views! Malibu is one of the most desireable areas in the world! To preview the finest Real Estate in Malibu, Pacific Palisades, Santa Monica, Beverly Hills, Brentwood, and Burbank please visit my website. When you are ready to view homes or have any questio...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
Yes there are a lot of foreclosures going on in many parts of California. But again the Westside and Malibu seem to be a shelter in the storm. Check out these stats from the TerraFirmaLA Blog. FORECLOSURES – June 1-Dec. 31, 2007 Valley areas not doing so well Woodland Hills (91364, 91367) – 100 foreclosuresTarzana (91356) – 69 foreclosuresEncino (91316, 91436) – 54 foreclosuresSherman Oaks (91403, 91423) – 43 foreclosuresStudio City (91604, 91602) – 32 foreclosuresWest Hollywood (90046, 90069) – 27 foreclosures Areas doing well Miracle Mile (90036, 90048) – 7 foreclosuresBeverly Hills (90210, 90211, 90212) – 3 foreclosuresBrentwood (90049) – 6 foreclosuresBel Air/Holmby Hills (90077) – 11 foreclosures Prime areasSawtelle/West L.A. (90025) – 6 foreclosuresWestwood (90024) – 11 foreclosu...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
Here are the top ten sites for December. Realtor.com is leading with Trulia recently passing up Zillow and looking to gain ground. Why is this important? Because everybody starts online when it comes to finding a home. 85% this year will and I estimate that the number will rise to 95% in next few years. Realtor.com gets 5 million hits alone each month. If you are going list your home you better have an agent who has a foot in the internet arena. I personally have my listings at 4 of the sites mentioned above. One advantage Prudential has is that we have signed a deal with Yahoo, as you may have seen the recent ads, and we now exclusively get all leads generated online. If someone does a search in Malibu and needs more information our office at Cross Creek gets the call, even if the list...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
Check out these recent headlines: "Location! Location! Location! - Better Schools Mean Higher Property Values" (USA Today), "House Buyers are Willing to Pay for a Good Education,"(The Wall Street Journal)If the quality of a school directly affects the value of local real estate, then Malibu High School has just given the local housing market a big boost. Coming in 98 out of the 100 highest ranking schools in the nation and 23rd in California, parents now have even more reason to move to Malibu. Don't forget, we are talking about a public school with no tuition! Many parents in the surrounding communities often send their children to private schools that can run anywhere from $10,000-$20,000 per year. That's a lot of money that can be applied toward a mortgage for those wanting to move t...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
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 priceHere'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 h...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
First I need to disclose that this parcel is not buildable and more than likely not well suited for crops or anything else for that matter. There are no comps supporting the price and don't bother asking for any reports. Good news though, you do get to own a piece of Malibu. What you get is 1/3 of a cubic foot of prime pre-earthquake dirt in a plexiglass box that is destined to be a "priceless museum piece" when Malibu and Southern Califorinia fall into the sea. Yes, someone is selling some Malibu dirt online. If you are interested you can find it here on Ebay. This brings me to a question that I often get from buyers, "What is the cheapest land in Malibu?" Well, for about $60-$90k I can find you a piece of land. There will probably be "great views" and "abundant wildlife" but what are...
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By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
For $329,000 you can purchase a 1 bed, 1 bath mobile home with 500 sq. ft. of living space and walk to Paradise Cove beach in about 2 minutes. It has good tires, a strong axle, and current registration. Only 500 yards to the east is another home for sale at $75,000,000. This home boasts an 11,000 sq. ft. main residence, 7 acres of bluff above the sand, 3 guest houses, numerous stables, pool and guess what? It also takes about two minutes to get to the sand. Call me when you are ready to see the second home...I mean either home. Here's what I find so interesting. Can you think of any other place in the world where the price of real estate can be so different in essentially the same neighborhood? The mobile home park at Paradise Cove sits right along a section of PCH where most of the est...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
click on picture for more information and price or follow this link: Malibu home Its a lifestyle you are buying! Enjoy scenic mountain views driving to this home which offers tremendous upside potential. The home flaunts windows, which frame mt views, trees & lush greenery. Offers a wood burning fp, high wood beam ceilings, & ceiling fans. A real bonus to the house is the outdoor space for entertaining and relaxation. Offers a huge deck/patio, and an area for gardening, play & fun! This home is waiting for someone who will love the serenity that this location offers. This is the cheapest house in Malibu without homeowner association dues or land lease fees! To preview the finest Real Estate in Malibu, Pacific Palisades, Santa Monica, Beverly Hills, Brentwood, and Burbank please visit m...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
click on a picture for more information and price Recently remodeled 2+2 Malibu Gardens condo on 1st floor, gorgeous upgrades throughout include newly tiled kitchen & baths, recessed lighting, new ceiling fans, crown molding, custom cabinetry, dbl paned & hinged windows, french doors leading to ocean/mountain view tiled 450 sq.ft. patio w/natural gas line for BBQ. DirecTV satellite ready. Fireplace in living room, private 2 car garage. Community pool, spa & clubhouse. 2 minute drive to Zuma Beach & Point Dume. A gem! To preview the finest Real Estate in Malibu, Pacific Palisades, Santa Monica, Beverly Hills, Brentwood, and Burbank please visit my website. When you are ready to view homes or have any questions regarding selling your home, please contact me.
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
for more information and pictures, click on the picture or this link: Malibu home Rare opportunity awaits! Set on over 1 acre of tremendous grounds, charming 3 bedroom main house plus a detached 2 bedroom guest house. Exposed beam ceilings, wood floors and large picture windows overlook rolling front lawns and tranquil ocean views! Wide street frontage includes 3 privately gated drives. End of cul-de-sac location and only steps to private beach access. Magnificent opportunity to create your tropical paradise! To preview the finest Real Estate in Malibu, Pacific Palisades, Santa Monica, Beverly Hills, Brentwood, and Burbank please visit my website. When you are ready to view homes or have any questions regarding selling your home, please contact me.
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
The Greater Malibu Disaster Recovery Project, more commonly known as "Gumdrop," has been reactivated to aid victims of the recent fires through the process of rebuilding their lives. The agency, which will have office space at City Hall, will offer assistance areas not covered by FEMA or Los Angeles County. Tax-deductible cash donations will also be accepted to help fund the work of the 501(c)3 non-profit organization, which was formed after the 1993 Malibu fires and subsequent flooding. Those impacted by the Canyon and Corral Fires will be able to find answers that they might not otherwise access through insurance and/or the other, more conventional aid organizations. GMDRP services include financial and psychological aid to all those affected, regardless of whether their homes were w...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Stunning, remodeled 2+2.5 end unit at Zuma Bay Villas w/whitewater ocean views and designer perfect touches thruout. Custom open floor plan features lrg great room w/wood burning fp, balcony & ocn vws. Distressed walnut wd flrs thruout. Chefs kitchen features custom cabinetry, Viking & SubZero appliances & marble counters. Ocean view master suite w/wood burning fireplace, dual closets & plasma TV. Bathrooms are finished w/marble & custom glass. Complex features pool, spa & tennis and is gated & guarded. For more information, click on the property picture or this link: Malibu Beach home To preview the finest Real Estate in Malibu, Santa Monica, Beverly Hills, Brentwood, Burbank and Pacific Palisades please visit my website. When you are ready to view homes or have any questions regarding...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Click on any picture for more information and price Click on any picture for more information and priceBeautifully appointed 3+3 end unit in the Pointe, one of Malibus most desirable complexes. Immaculate, move-in condition, former model. Vaulted ceilings, limestone flooring, spacious gourmet kitchen with granite counters. Spacious master suite w/dual fireplace, large closet, spa tub & separate shower. Private patio & 2 car garage w/direct access & storage. Gated complex with pool, spa, tennis & gym. Feels like a single family home, over 2,000 square feet. To preview the finest Real Estate in Santa Monica, Beverly Hills, Malibu, Brentwood and Pacific Palisades please visit my website. When you are ready to view homes or have any questions regarding selling your home, please contact me.
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
For more information & pictures, click on any picture Beautiful 3 bed, 3.5 bath ocn vw Cape Cod twnhm in centrally located, gated complex blocks to Cross Creek, the Colony, Pepperdine, the beach & soon to be completed Legacy Park. Lrg living rm, open kitchen & dining area, French doors lead to 2 lush balconies. Master suite w/fireplace, lrg w-in closet & ocn vw balcony. 2nd & 3rd bedrooms each w/priv bath. Direct access from priv 2 car garage. Great priv location within complex... best views available. Pool, spa, sauna & pvt Malibu Rd. beach lot. Please visit my website to preview the finest real estate in Malibu, Pacific Palisades,Santa Monica and Brentwood. When you are ready to view homes or have any questions regarding selling your home, please contact me.
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By Courtney Cooper, 206-850-8841
(Cooper | Cartwright)
 **************************************************************************************  My heart goes out to all the California fire victims. I have a lot of family there and have supported them through fires, riots, and earthquakes.  My little sister called me today because she was upset the "the castle" had burned down.  The Malibu Castle was always part of her childhood fantasies and although I am older, I admit that I always liked to look up at it whenever I went home. Luckily no one was home at Castle Kashan when it went up in raging flames, although reportedly many antiques were lost. Amazingly the "house" was in escrow and pending after being listed at $17 million!  Then I found out that celebrity listing agent Scotty Brown was the listing agent.  I know him from the show "Milli...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
A Malibu cash-cow with ocean views!2 Bedrooms, 2 Bathrooms Deal Alert - Recently appraised at $950,000! A Malibu Bay Club ocean retreat with cash flow! Stunning ocean views from this two level remodeled condo with granite kitchen and granite bathroom w/spa tub. 1 bedroom, 1 bath on the main level, 2 bedroom, 1 bathroom on lower level. You can live in one and rent the other. Complex amenities include pool, spa, paddle tennis and private beach. Please click on property picture for more information and pictures.To preview the finest Real Estate in Santa Monica, Malibu, Pacific Palisades, Brentwood & West L.A. please visit my website. Please contact me when you are ready to view the properties or have any questions regarding selling your home.
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Malibu Beach Area Home 7 Bedrooms & 8 Bathrooms! Over 1-acre lot To view more pictures and information, please click on the property picture Cliffside Drive contemporary estate on over 1 acre of perfectly manicured landscaped grounds. Warm and inviting living spaces offering only the finest materials and details throughout. Four bedroom main house and 3 bedroom detached guest house. Entertain or simply relax by the oceanside pool and spa while taking in the breathtaking vistas of the apx 196 feet of frontage. Complete privacy and located at the end of this exclusive cul-de-sac street. Deeded beach rights. To preview the finest Real Estate in Santa Monica, Malibu, Pacific Palisades, & Brentwood please visit my website. Please contact me when you are ready to view the properties or have a...
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