Moving to Malibu ? Your home buying and selling resource.
My buyers had been looking for a while. We started in March 2022. We found the perfect home near the husband’s original family home in Malibu Park. We opened escrow within a week of it being listed by a fellow agent at Sothebys just over $3 Million.
Since the end 2016 prices have been adjusting downward by 20%. This can be seen by the price adjustments that happened in 2018 and 2019. Properties that had been listed in only sold after several adjustments regardless of which company had listed them.
There have been 21 condo sales in the last 90 days in Malibu. The list above is compiled from our local MLS data and is presented in a chronological order with July showing 4 closed sales. If you want to know what is happening and how it applies to you as a buyer or seller contact me or if you are curious while sitting in a cafe in LA go to the app store on your phone and download my free app 123 malibu real estate it works for all of LA and surrounding areas and is simple to use.
The Jack Shultz property is on Malibu Caravan today As posted in the Malibu Times in 2004 obituary the property belongs to the heirs of the iconic Jack Shultz, known as “Papa Jack” to local skateboarders, who also received the 1999 Malibu Times Dolphin Award for his generous land donation to start the first and only Malibu skateboard park.
As stated by the Realtor Mark Gruskin in our upcoming Malibu Caravan “A rare and iconic property offering 100′ of dry sandy beach frontage on the best part of Carbon Beach.
Featuring two beachfront swimming pools, Just steps away from Nobu Restaurant and the Malibu Pier. The setting and white water views are absolutely stunning. This one of a kind compound offers a gated and private vintage three separate guest apartments, three spacious storefront offices fronting PCH, and two beachfront swimming pools each with a pool house. All are perfectly positioned among some of the world’s richest real estate on what is know as “Billionaire’s Beach.” This special property is now available for the first time in over 35 years!
Just right for the summer, this Zuma Bay Villas town home sold. The master bedroom is one floor up and has a stunning coastline view up the coast. Built in 1976 the Zuma Bay Villas where developed on an 11 acre bluff near the West end of Malibu. The units depending on size and location sell for 1.4 Million to 3 Million. The complex is fully gated with 24 hour security, a tennis court and pool with spa. This is one of the few town home developments in Malibu that is on the ocean side of Pacific Coast Highway. Do not want to cook and just take if easy? Just steps away from the town home and down private steps is one of Malibu’s favorite casual eateries, The Sunset Restaurant. Also near by is Spruzzo’s restaurant and Malibu Fitness. This casual gym with much outdoor areas to exercise and enjoy the ocean breeze. For more information on other units contact me.
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.
Malibu beach in the off-season is something you will get to experience and enjoy when you move to Malibu.The traffic is diminished on Pacific Coast Highway, our main road that gets us to work, to school, to the shops, cafes and the beach. I recently decided to have breakfast at 8 am during the week I got to enjoy this great beach experience.
For sale on the beach is this home in Malibu. It has not been on the market for 27 years and is a tri-level home with a ceiling height that cannot be duplicated by current beach front height limitations. Though the records show that the property has only one bedroom it actually measures 3218 square feet (as per tax records) and has 3 levels of living space. A good designer will be able to create a stunning residence for the future buyer. Located in Malibu on La Costa Beach which is West of Dukes restaurant and south of Carbon Beach in Malibu where the Malibu pier is located. A rare find well worth the $8.5 Million it is listed at by Prudential Malibu Realty.
Malibu Guest house available on Point Dume. This 1 bedroom, 1 bath, has been completely remodel with all new appliances, new flooring and even a private side yard for tenants sole use. There is an additional patio area with plenty of room for your own outdoor table, chairs and umbrella. Utilities are included, just hock up your cable and telephone. Long term lease preferred $2750. This cottage is located on a gated private estate near shopping, banks and restaurants. A quick drive down the streets gets you to Zuma Beach. Easy to see vacant.
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.
