This past week in Malibu sales, there were only 2 landside residential single-family sales, which were down 3 from last week. 1 landside parcel of land sold and leases were up from last week, with 4 on the landside and 1 on the beach.
The following are the Malibu residential single-family homes sales for the past week.
6712 Portshead Rd. has 7B/6B, is apx. 6,500 sq. ft. on an apx. 52,606 sq. ft. lot and was listed at $5,500,000 and sold for $5,150,000, $350,000 less than asking. It was on the market for 184 days. This is an ocean view compound that comes with the coveted Pt. Dume beach rights. It’s gated, with a guest house, pool, spa and tennis court.
26223 Ingleside Way, has 2B/1B, is apx. 948 sq. ft. on an apx. 6,085 sq. ft. lot, and was listed at $634,000 and sold for $625,000, $9,000 less than asking. It was on the market for 134 days. This home is up Corral Canyon and has an open kitchen and floor to ceiling windows and a great size deck. There’s a separate guest unit.
33301 Pacific Coast Highway is vacant lot, apx. 104,950 sq. ft., and has ocean and mountain views. It was on the market for 2 days. It was listed at $305,000 and sold for $515,000, $210,000 over asking. This was a short pay.
The following are the Malibu leases this past week.
21922 Pacific Coast Highway, is the only Malibu beachside home that leased this week. It has 4B/3B, is apx. 3,068 sq. ft. on an apx. 7,550 sq. ft. lot, and was listed at and leased for $15,500/mth. It was on the market for 9 days. This home is located on prestigious Carbon Beach, and has a large deck, perfect for entertaining.
3633 Serra Rd., has 5B/4.5B, is apx. 4,561 sq. ft. on an apx. 26,890 sq. ft. lot, and was listed and leased for $12,000/mth. It was on the market for 117 days. This home is located in the exclusive Serra Retreat and has spectacular ocean and mountain views. There is a large upstairs guest apartment/home office with it’s own entrance.
4900 Bunnie Ln. has 3B/2B, is apx. 1,800 sq. ft. on an apx. 9,644 sq. ft. lot and was listed at and leased for $5,200/mth. It was on the market for 38 days. This is a single story California Cottage located in the exclusive Broad Beach neighborhood. It has ocean views and beach access just steps away from the front patio.
29221 Heathercliff Rd. #6 has 2B/2B, is apx. 2B/2B, on an apx. 1,350 sq. ft. lot on an apx. 43,480 sq. ft. lot. It was listed at and leased for $3,657/mth and was on the market for 73 days. This unit comes with a Little Dume beach key. The complex is gated and has a pool and BBQ. Walking distance to the Point Dume shopping center.
3950 Las Flores Canyon Rd., has 2B/1B, is apx. 980 sq. ft. and was listed at and leased for $3,500/mth. It was on the market for 21 days. This is a furnished unit within walking distance to Duke’s restaurant. There is a washer and dryer on site, a 2-car garage and spa tub.
Click here to view Malibu Market Stats, year-to-date through October 5, 2013.
Contact 4 Malibu Real Estate Partners for your real estate needs. 310.456.3655 or visit us on the web at www.4Malibu.com.
Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2013 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.
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