This is the biggest price drop I've seen in the Malibu Real Estate market, ever. Starting out $39,500,000, this ocean front property has been chopped to $21,500,000 in 4 short months. That's an $18,000,000 chop in 120 days! The home is located just south of the Paradise Cove pier and was recently remodeled.
Here's the MLS description...... ONE OF MALIBU'S SPECIAL GATED BLUFF & BEACHFRONT COMPOUNDS OVERLOOKING DESIRABLE PARADISE COVE. NEWLY COMPLETED & OFFERING A SEAMLESS TRANSITION BETWEEN INDOOR & OUTDOOR LIVING & ENTERTAINING IN A CASUAL, YET DRAMATICALLY ELEGANT SETTING. PROPERTY FEATURES: A SPECTACULAR MAIN HOME W/ OCEANFRONT INFINITY POOL & SPA, GUEST HOUSES & BEACH PAVILION ON APPROX. 81' OF SANDY BEACH FRONTAGE. APPROX. 2.4 LANDSCAPED ACRES IN TWO PARCELS, WITH LIMITLESS COASTLINE & OCEAN VISTAS. THERE IS NOTHING LIKE IT!!
If you enjoy information about Malibu Real Estate subscribe to my RSS feed! If you have no clue what an RSS feed is click here for a quick video giving you the low down.
Click this link to be taken to an MLS search for all beach houses in Malibu.The user id is x55032 and the password is beach 
Listed with Ellen Francisco/ Coldwell Banker
Comments(0)