Malibu is world famous for it’s beautiful beaches and extravagant homes.
The 21-mile coastal city is west of Topanga, south of the Santa Monica Mountains, north of the Pacific Ocean, and east of Ventura County.
Homes in the affluent Malibu area vary greatly in size and structure, similarly to homes in Bel Air or Beverly Hills. However unlike the other two areas, where homes sit behind dense vegetation, many homes in Malibu are located directly on the beach. Others sit a short distance away upon the hill, getting views of the city and the ocean.
Pacific Coast Highway runs right through Malibu, which is convenient for easily getting to other parts of Los Angeles.
With average temperatures above 71 degrees, the area is perfect for those who love to be outdoors. Swimmers, surfers, and people who just enjoy tanning will love the city’s beaches, which include Surfrider, Zuma, and Malibu. There are also multiple parks and trails, such as Malibu Creek State Park and the Santa Monica Mountains National Recreation Area, that cater to any level of hiker.
Don’t be shocked to see a film crew or a celebrity. Countless TV shows, movies, and music videos use Malibu as their backdrop, and many celebrities live in the area including Cindy Crawford, Steven Spielberg, and Halle Berry.
Many families choose to make Malibu their home. The city boasts great public and private schools and is even home to the top rated college Pepperdine University. There is also a lot in Malibu in terms of art and culture, including the nearby Getty Villa museum.
The area also has exceptional ocean front dining. No matter your taste, you are sure to find a restaurant you will love in Malibu. The city has everything from dive restaurants and bars to some of the fanciest chains, including Mastro’s and Nobu.
The median home value in Malibu is $2,653,200. Malibu home values have gone up 4.8% over the past year and Zillow predicts they will rise 1.5% within the next year.
Foreclosures will be a factor impacting home values in the next several years. In Malibu 1.1 homes are foreclosed (per 10,000). This is lower than the Los Angeles-Long Beach-Anaheim CA Metro value of 1.7 and also lower than the national value of 3.2
The ranch sits on over six acres of perfection, surrounded by the Santa Monica Mountains. Past the hand-carved gate are the eight garages, four...
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