This is the new Malibu Zuma Bay Villas update for May 2015. Zuma Bay Villas in Malibu is one of the most desirable 24h guard gated communities above Zuma Beach in Malibu with outstanding white water views and beautiful sunsets. Additionally the complex has steps down to Westward Beach where the Sunset Restaurant is located. Also included in the amenities is a salt water pool, a spa, and a tennis court. The HOA dues are around $1000 There has been no sales recorded for this years though there had been several last year. The listings range from 1.1 Million for none perimeter units as the one with the light blue color on Las Olas Way to 2.8 Million on the bluff. The leases range from $4000 to $6200 and the higher one being a furnished property with a lease term usually under 1 year.
Malibu beach front sales in the first 4 months in 2015 have ranged between $10,383,000 and $2,055,000. A total of 6 sales were published in the MLS. The high sale, located at 23560 Malibu Colony Rd. was within the Malibu Colony gates commonly known as number 66. It was a modern house on 3 levels measuring around 3800 square feet with 5 bedroom and 5.5 baths. The home had been on the market, on and off, since September of 2011 and started out with a listing price of $16,000,000.
Another beach sale, up the road from Malibu Colony and toward the end of Malibu Rd.,was a 4 unit building that had not been on the market for over 30 years. It sold for $5,600,000. On the market for 6 months. It had been originally listed at $6,850,000.
25006 Malibu Road sold for $7,700,000 and was completely remodeled in 2005 by one of the local builder. It was a small compound with an inner courtyard and had a guest unit at the garage level. The house itself had 3 bedrooms and 2 baths. 2,520 square feet was the published size of the home. The sale in 2006 was actually much higher and closed at $9,300,000. The actor Dennis Weaver owned the house in the early 90’s and then it had a Hawaiian flair.
The sales data is provided by The MLS.
This Malibu celebrity beach retreat for sale is on Malibu’s widest and longest stretches of beach has never been on the market before. Built-to-suit by it’s owners, the Cape Cod mini estate was built to entertain close friends in an intimate setting.
As you enter through an tall gate built with privacy in mind, you walk along a shaded path to the side of the garage. Above this garage is a large guest house with pitched ceilings, brick fireplace, country kitchen, a spacious bath and a large ocean view deck. Just beyond the garage with room for an extra long limo, is a garden with a fountain and ample area to entertain family and friends.
As you enter the residence you walk to the living room through Dick Martin’s old office with the kitchen and dining area to the left. The living room has intimate seating and a fireplace. Beyond it, you step out to the beach front patio with lounges and tables for dining outdoors, followed by a walkway between succulent covered sand dunes, and the beach beyond.
The upstairs is solely dedicated to a masters suite with an elevator access to the beach. Listed by Phil Bailey & Melanie Berlind and Co-listed with B. Hayward at Coldwell Banker.