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Malibu's Latest Steal

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Why is this Malibu mobile home in trendy Paradise Cove---which just hit the market for $2.55 million--such a good deal? The Malibu Real Estate blog breaks it down: "What is unique about this particular offering is that this mobile home sits on what many would argue is the best lot Paradise Cove. The home is situated on a section of bluff that overlooks the Pacific Ocean with views towards Santa Monica Bay which takes in an amazing view of a beautiful, long stretch of sandy beach with waves crashing on the shore. A few hundred yards down the beach are a few more listings for sale with the same views?..but those will cost a little bit more?.one at $45m and one at $55 million!" [Malibu RE Blog]