Tuesday, March 20, 2007

The Future of Malibu - Development?

Whole Foods? Dean and DeLuca? Randy Gerber, Malibu restaurant? New Legacy Park at Cross Creek with lagoons? PCH Medians getting landscaped?


So many rumors/truths and new energy it is hard to know what exactly is happening here in the quaint, low key town of Malibu. Recently, Malibu residents felt the loss of our only Blockbuster, Champagne Bakery, Granita of WolfGang Puck, Malibu Lumber, Cosentino's Florist and now Planet Blue Kids and 9026Eyes. Cosentino's, by the way, was replaced by Ralph Lauren. The locally owned hotels, Malibu Beach Inn and Casa Malibu were both bought by David Geffen and Larry Ellison, respectively. The Malibu Beach Inn is currently under construction and expected to open in May 2007. The rooms, and rates, for that matter are going to be superior to anything Malibu has ever seen.

One thing is for sure...change is happening. There are more billionaires shaping the future of Malibu then we understand. If you don't own property, now is the time to buy and hold. The public has yet to seen the overall vision of this beach village, and there are mixed feelings about the direction the city is headed. What is your take? Do you know of any new businesses headed in or out of Malibu?

Tuesday, March 13, 2007

Tyler Perry's Malibu Beach Home - For Sale


Celebrity, Tyler Perry, has listed his Malibu Beach house for sale for $5,350,000. You can catch a tour of the home at www.malibubeachmasterpiece.com. This is one of the finest properties under $10 million on the Malibu beachside with custom finishes throughhout. You may have seen this home featured on E! Entertainment News.

Saturday, March 3, 2007

Carbon Beach - Why is IT so special?

Carbon Beach, with nicknames like the "Gold Coast" & "Billionaire's Beach" truly a world landmark lending itself to some of the most recognizable last names and boasting some of the greatest architecture.

As one of the most centrally located beaches in Los Angeles, its wide, sandy beach is what makes it so valuable. Malibu beaches are valued by their use. The further out the tide, the more dry sand, the more expensive. Homes built on stilts above the median high tide line are less valuable. Carbon Beach is a clean, safe, and sandy beach.

Pinned between the Pacific Coast Highway and the Pacific Ocean the homes are exposed to some of the most extreme elements. That doesn't mean you get a discount to own or build here. The cheapest home on this beach runs about $10 million, and that is for a fixer. With last names like Morton, Ellison, Geffen, Katzenburg, Aniston, & Cox (her home is for sale at 33.5 million and was designed by John Lautner )