Malibu's Newest Multi-Million Dollar Listing

$49,950,000

9 Bedrooms/12 Baths

Gracious Malibu Ocean-Front Estate on 3 acres next to La Piedra State Beach evokes an earlier era & features numerous outdoor entertaining spaces. Collapsible Glass doors along ocean side of home reveal wraparound flagstone decks, outdoor Kitchen w/ tapas bar & a sparkling salt water Pool & Spa. Expansive grassy lawn leads down to one of many outdoor entertainment spaces. Family Room, Living Room and Gourmet eat-in Kitchen all have floor to ceiling and wall to wall ocean views. Charming Library w/ Fireplace opens to private courtyard patio. 6 en suite BR’s w/ ocean view patios plus a 3 BR 2 BTH staff quarter including the Upstairs Office w/ separate entrance & the incredible Master Wing w/ endless ocean views, total privacy, built-in Moroccan day bed & outdoor wrap-around patio w/ Fireplace. 15-car climate controlled garage, Wine Cellar w/ Bar, Spa & Salon, Massage Room, professional Theater, mirrored Gym w/ patio & separate entrance. Private path leads to Beach

For More Information, Call Me Today 310-456-0088

I'm Running My 25th LA Marathon!

Read my Legacy Runner Profile at:

http://www.lamarathon.com/wp-content/uploads/2010/LegacyRunners/rick_wallace.pdf

2010 Malibu Sales January 1 to February 25

2010 Single Family Residence Sales

Address                                     Listing Price     Selling Price

1 18151 Kingsport Dr                $1,275,000   $1,220,000
2 18357 Wakecrest Dr              $2,299,000    $2,150,000
3 18326 Clifftop Way                $2,485,000    $2,150,000
4 11892 Beach Club Way          $1,695,000    $1,600,000
5 19710 Pacific Coast Hwy        $2,795,000   $2,200,000
6 18980 Pacific Coast Hwy #2   $2,999,999   $2,750,000
7 31950 1/2 Pacific Coast Hwy  $7,995,000   $6,300,000
8 24166 Malibu Rd                    $16,500,000  $15,000,000
9 43 Paradise Cove                    $295,000        $265,000
10 33439 Mulholland Hwy          $864,800       $827,637
11 140 Paradise Cove Rd           $985,000       $937,500
12 140 Paradise Cove #140        $985,000       $937,500
13 31435 Birdella Rd                  $1,050,000    $1,000,000
14 20404 Roca Chica Dr            $1,075,000     $1,056,600
15 29343 Bluewater Rd              $1,495,000     $1,510,000
16 29201 Larkspur Ln                $1,795,000     $1,650,000
17 20721 Big Rock Dr               $2,199,950      $2,000,000
18 24507 Vantage Point Ter        $2,200,000    $2,000,000
19 1771 Rambla Pacifico            $2,995,000     $2,750,000
20 3600 Sweetwater Cyn Dr       $4,850,000     $4,300,000
21 26258 Fairside Road              $551,000        $551,000

2010 Condominium/Co-Op Sales

1 27400 Pacific Coast Hwy #106   $500,000       $459,000
2 25120 Malibu Rd                        $4,950,000     $4,600,000
3 11938 Oceanaire Ln                    $550,000       $510,000
4 6473 Zuma View Pl #135            $1,239,000    $1,150,000
5 23901 Civic Center Way 373      $430,900       $430,900
6 6450 Lunita Road 122 #122        $899,000       $875,000

For Lease - Serra Retreat

$8900

7 Bedroom 5 Baths

Seven bedroom home! Pool, spa, beautiful ocean views from the bluffs overlooking Carbon Beach. Gated and secure neighborhood, extremely private, game room with a kitchenette, kitchen with breakfast area and a formal dining room, Grounds are beautifully landscaped with lush, tropical plants.

Contact me today for a showing!

310-456-0088

Malibu City Election - City Council

As a Malibu Realtor, I speak with hundreds of Malibu citizens over the course of a year. In Malibu election seasons such as now, the talk is often of the local campaign. I am frequently asked which candidates I view favorably in the city council election.
In that vein, I write to you. Malibu will be electing two new city council members on April 13.
This year, I wholeheartedly endorse Laura Rosenthal. And I would recommend Lou Lamonte for your second vote.
It should be an exciting campaign with 10 individuals running this year! I believe Laura Rosenthal and Lou Lamonte represent our best choices: first, to bring reason and fairness to property rights matters that I care so much about; but also to the many other needs of the community and individuals within.
The “other camp” is expected to spend a lot of money and run a tough, perhaps bitter campaign. Watch closely the characters of ALL participants in this April 13th election. I hope you and the plurality of our voting neighbors cast your ballot with the desire for balanced thought and harmonious conduct in our local government.
Laura Rosenthal and Lou Lamonte are the best candidates to achieve such results, and best represent Malibu. You can find out more about each candidate or find out how you can help, by visiting their websites www.rosenthal4malibu.com or www.lamontemalibu2010.com.
Rick Wallace