Nicknamed “Billionaire’s Beach,” the Carbon Beach section of Malibu is home to Oracle CEO Larry Ellison, entertainment mogul David Geffen, former Dodgers CEO Jamie McCourt, and other business tycoons. Ellison loves Carbon Beach so much that he owns 10 properties there, including one he bought just this week. What makes Carbon Beach so great — and expensive? The AP’s Jeanne Cooper answered the question in 2006, shortly after Geffen lost a court battle against the construction of a public-access walkway near his home. She wrote: Read more: http://www.businessinsider.com/who-lives-on-malibus-billionaires-beach-2012-11?op=1#ixzz3Wn5a1DSq
Many of the residents in Malibu live in houses including beachfront property; itis a great thing there’s lots of it. There are also a lot of parks in the region, including: Malibu Bluffs Park, Legacy Park, Malibu Creek State Park, Leo Carillo State Beach and Park, Point Mugu State Park, the Santa Monica Mountains National Recreation Area, and Robert H. Meyer Memorial State Beach.
Fires still happen from time to time, although the city has strict fire control laws. In addition, there are worries sometimes of mudslides in awhile when it rains heavily.
Still, powerful, famous, and the rich continue living in MALIBU Real ESTATE, and if you hit the shores searching for local celebrities, or needed to go sight seeing, you’re likely to discover many of these. And there’s plenty more!
As you can imagine, housing in Malibu is pretty steep. The median price for homes in the place is $1.79 million. Yet, because of the current real-estate issues, there are a lot of homes available, which has really brought the average price per dwelling down around $600,000. That might not mean much when it comes to trying to purchase Cher’s dwelling, which will be out there for around $45 million, but in general, dwellings only under a million dollars are actually for sale in certain regions of Malibu. And there is tons of great opportunities to rent properties additionally, in case you decide to be among the stars, but don’t quite have the cash to buy a home.
Picture living in Malibu, for many this continues to be an impossible dream but with the chaos in the real estate marketplace in the past few years this has become more and more a chance for lots of men and women looking to buy their dream house. There are wonderful homes which are perfect for everyone who loves the beach. These homes have been in amazing places, most are beach side and are merely measures to Zuma Beach what perspectives and & let us not overlook the magnificent sunsets. Without having to cross any busy roads or deal with insane traffic, it is possible to walk there. Only imagine you can be there waking up to ocean waves. These homes are also very close to shopping, Pepperdine College and Santa Monica.
The key will be to figure out how much you really qualify for and once you have your pre-approval letter it is only a matter of looking and working the procedure for locating your fantasy house. Most people don’t find their dream house because they don’t look. Or anticipate that it is available on the market at this very minute, it could be or perhaps it’s waiting for you personally to start looking.