As of Saturday at 11:23 pm most fires are out, here is the latest update from the Malibu Patch
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Malibu Real Estate along Carbon Beach is the most prestigious Beach in Los Angeles
Oracle CEO Larry Ellison makes Malibu real estate his own
On busy Pacific Coast Highway in Malibu, some well-kept facades conceal a secret.
see the L.A. Time article here - http://www.latimes.com/business/realestate/la-fi-ellison-malibu-20130505,0,31151.story or http://soa.li/Opn7Ayj
I know of a home for sale on Carbon Beach, not on the MLS for $15,000,000 and also on La Costa Beach (next to Carbon) for $11,000,000
Call Shen Schulz @ 310-980-8809
www.malibudreamhouse.com – email, email@example.com
IRON MAN IN MALIBU, CA
The famed house of Iron Man is a CGI implant on Point Dume State Beach. It is not a real house but a simulated one. If you want to buy a home like Iron Man’s in Malibu then call Shen Schulz of Sotheby’s International Realty in Malibu at 310-980-8809, email, firstname.lastname@example.org
Cher’s home in Malibu
Cher lists Malibu home for $45M, not on the MLS
Haute Living Home of the Week, Malibu Road
Malibu Real Estate opportunity for short term or Summer lease and also for sale at $8,499,000, 50 feet of sandy beach frontage.
A classic, renovated, mid-century modern home. Located on one of Malibu Road’s best dry-sand beach in front of the volcanic “Pelican Rock” and is one of the last beach-level homes. Enjoy the eye-level views from inside and outside of the ever-changing ocean, daily sunset, gliding pelicans, leaping dolphins, sunbathing seals, and breaching Gray whales. Open floor plan, main house features 2 bedrooms and a den with sleeper sofa, 2 bathrooms and outdoor hot shower, living room with fireplace, kitchen and dining area. This master bedroom has an ocean view with private deck. Plus, third bedroom is a detached 1 bedroom, 1 bath guest house with kitchenette and fireplace. Property is zoned a legal duplex, renovations subject to the approval of the appropriate government agencies ( i.e., City of Malibu, Coastal Commission, etc.). Neighbor’s house also for sale, own 100 ft of beach, each lot has 50 ft frontage. Lease rate $20k short term and $40k/mo summer rate.
It’s always nice to get free good press, but great press is even better. Haute Living, which publishes its signature luxury lifestyle magazine in Los Angeles, San Francisco and other major metropolitans across the U.S. ran a small piece on my listing at 959 Crater Oak Drive in Calabasas.
The post modern architectural home boasts rolling lawns, gated privacy and a heated pool in sunny, Monte Nido on a beautiful tree-lined secluded road, seasonal streams and lovely horse trails surround this enchanting oasis in the hills of Malibu.
Excellent for entertaining with vaulted ceilings, hardwood floors with radiant heat downstairs and renovated kitchen counters and bathrooms. Horse corral and tack room. Conveniently located between Malibu and Calabasas. Also for lease at $8,500 per month.
Click here to view the article on Haute Living’s website.
The world could be coming to Malibu to buy the next Mega Mansion
GOOD NEWS + MORE TO COME
Could we be looking at an early spring this year — not in meteorological terms but real estate? Could the chilly December-to-February months, which traditionally see fewer buyers out shopping for houses compared with the warmer months that follow, be more active than usual? And if so, what does this mean for the potential home seller or buyer?
There is growing evidence, anecdotal and statistical, that there are more shoppers on the prowl in many parts of the country than is customary for this time of year, more people requesting “preapproval” letters from mortgage companies, more people visiting websites offering homes for sale and more people telling pollsters that they expect home prices to continue rising and that the worst of the housing downturn is long past. There is even data showing that during holiday-distracted December, there was a jump in visits to homes listed for sale.
Coldwell Banker, one of the largest brokerages in the country, says traffic to its listings website was up 38% during the last month, compared with year-earlier levels. ZipRealty, an online brokerage based in Emeryville, Calif., reports that its website has seen an unusual 33% increase in home shoppers in the first half of January compared with December.
Economists at the National Assn. of Realtors report that foot traffic at houses listed for sale in well over half of all markets around the country was higher in December than the year before. Given the strong December reading, says Paul C. Bishop, vice president for research at the association, sales in the coming weeks should be “robust.”
“I’m seeing twice as many buyers this January as last January,” Petrowsky said. “People have finally figured out that prices are moving up, interest rates are really low, and they don’t want to miss out on the opportunity.”
Polling by Fannie Mae, the government-backed mortgage investor, may shed some light on what’s motivating buyers. In a survey of 1,002 adults in December, Fannie found the highest share of consumers in the survey’s 21/2-year history who expect home prices to rise during the coming 12 months. Forty-three percent expect mortgage rates to jump, and 49% believe that the cost of renting will increase.
Roll all this together, says Doug Duncan, Fannie’s chief economist, and you can see why consumer sentiment “could incentivize those waiting on the sidelines … to buy a home sooner rather than later” — pushing spring behavior into midwinter.
What’s missing from this equation? More owners listing their homes for sale. Inventories of available homes are down in most markets, mainly because many sellers are under the impression that it’s still a buyer’s market filled with low-ballers who won’t pay them a fair price. In many parts of the country, that is last year’s news. In 2013, it’s simply no longer the case.
If you want to know the skinny on Malibu Real Estate just call Shen Schulz of Sotheby’s International Realty, 310-980-8809
In May, Howard Marks spent $52.5 million on a duplex co-op at 740 Park Ave., and two months later he listed his apartment at the Ritz Carlton for a cool $50 million.
Now, Marks has sold his 9.5-acre estate in Malibu to an unnamed Russian billionaire couple for roughly $75 million, The Wall Street Journal‘s Lauren Schuker Blum reports.
The estate, which has 300 feet of beach frontage, had been quietly shopped around for $125 million. In addition to the main house, it has two guest houses and a gym.
Brokers told the WSJ it was the second most expensive residential real estate sale in Southern California, behind the $85 million sale of the Spelling Manor to Formula One heiress Petra Ecclestone last year. It’s the most expensive property ever sold in Malibu.
The home is located on the area of Malibu called the Encinal Bluffs, about 6-8 miles North-West of Zuma Beach. Marks and his wife Nancy bought the estate in 2002 from the estate of late Herbalife founder Mark Hughes for $31 million.