Daily Archives: November 30, 2011

HUGE Price Reductions in MALIBU! $6.5 Million, $2 Million, and $1.5 Million!

In the last 2 Weeks, we have had Huge Price Reductions in Malibu on Houses For Sale.  Check out the 3 largest Reductions below…

1)  Starting with a $6,500,000 reduction on 340 Kanan Dume Rd. Malibu.
The home was $49,000,000 and has now dropped to $42,500,000.  Known as the “Rocky Oak Estate” on 37 acres with 360 degree ocean and canyon view, this 9,000 sq. ft. 5 bed/ 5 bath Tuscan house designed by Bob Easton is finished in the finest materials available has state-of the art amenities including an infinity pool, and terraced award-winning vineyards and orchards.
Call (310)880-8977 to schedule a showing.

2)  21650 Pacific Coast Hwy Malibu just had a price reduction of $2,000,000!  The new asking price is $10,900,000 down from $12,900,000.  This Mid-Century Home  sits on an incredible 120 Feet of Beach Frontage on La Costa Beach.  The home offers 4,113 sq. ft. 4 bed/ 4 bath vaulted architectural ceilings with floor-to-ceiling glass in living area, 1 bedroom guest house.  Property has potential to be built up to appox. 6,700 sq. ft. with plans by Scott Carter AIA.  Call (310)880-8977 to schedule a showing.

3)  30804 Broad Beach Malibu has just reduced their price to $1,499,000!  The original asking price was $14,749,000 and is now $13,250,000.  This stunning Wood & Glass Retreat features stunning Ocean Views and is situated on the sandy section of Broad Beach, very close to Zuma Beach.  Beautifully renovated in 2005, this 4bed/ 4.5 bath 4,300 sq. ft. home offers a courtyard entry, vaulted living room ceilings, outstanding Ocean Views, Ocean front patio, media room, separate guest house, and exercise room.  Call (310)880-8977 to schedule a showing.

Information provided by MLS is deemed to be accurate, but is not guaranteed by agent or broker.  Listing agents as follows; 1) Listed with Sally Foster Jones of Coldwell Banker Beverly Hills South, 2)  Listed with Nick Lekas of FK Capital Fund 3) Listed with Kimberly Pfeiffer of Coldwell Banker Malibu Colony.