Nowhere in LA is it more true that people are willing to pay more and get less than it is in Malibu. It's pretty much the Malibu motto. But even for Malibu, $3,000 per square foot is ridiculous. For this Weekend Open House Tour, we'll tour some of the houses with the highest prices per square foot in the beach city. There's a reason these places have been on the market forever.
24420 Malibu Rd
Price: $12.75 million
Price Per Square Foot: $3,102
Days on Market: 156
Beds/Bath: 4/4.5
Sq. Ft.: 4,110
Pitch: "A newly constructed modern masterpiece on prestigious Malibu Road! This 4 bedroom, 4.5 bath home sits on the beach with 65 feet of frontage. Huge sliding Fleetwood doors open to fresh salt air as the sound of crashing waves envelops the home. A massive entertainer's balcony, installed flat screen tv's, a state of the art Lutron Control Home Automation System, and custom fine finishes allow the occupants to relax in this tranquil showpiece. Two large activity rooms included for creative use."
Open Sunday, August 21 from 2 pm to 5 pm
11802 Ellice St
Price: $17 million
Price Per Square Foot: $2,500
Days on Market: 200
Beds/Bath: 4/5
Sq. Ft.: 6,800
Pitch: "Pacific Coast Building Conference awarded MariSol "The House of the Year" Award. The MariSol Showcase Estate is the centerpiece of Malibu's only high end planned residential community located at the westerly end of rural Malibu, offering resort-style living on 17 grand estate sites throughout MariSol's 80 acres. This blufftop estate is an extraordinary home, a trophy home, in the middle of a restored native coastal garden overlooking a popular surf beach, with spectacular whitewater, island and mountain views. The estate is an entertainer's delight, with indoor-outdoor living featuring outdoor fireplace, BBQ, private pool and spa. The project's CC & R's ensure the privacy, security and peaceful enjoyment of MariSol's extraordinary resources for all time. Minutes to the Camarillo Airport (Private Jets), nearby hiking/biking trails. Simply one of the most private and tranquil settings in all of Malibu."
Open Sunday, August 21 from 1 pm to 5 pm
25447 Malibu Rd
Price: $7.2 million
Price Per Square Foot: $1,579
Days on Market: 138
Beds/Bath: 5/5.5
Sq. Ft.: 4,560
Pitch: "All new Barsocchini design! This five bedroom, five and a half bath home provides three levels of living and entertainment. People travel from every part of the world to see the views that you can enjoy every single day at 25447 Malibu Road: Endless ocean views from almost every room. Room for a pool and ready for beach living at it's best! Architecturally splendid and individually expressive, the genuine character embraces the unmistakable tone and flow of the coastal environment. Quintessentially convenient to travel, fine shopping, and the best of cosmopolitan life, 25447 Malibu Road is a treasure hidden in plain sight, at the end of a superlative community in Malibu. Whether you seek that special get-away in a place that moves you, or desire an address that leaves expectations far behind, experience fulfillment. Come to Magnificent Malibu Road! Also for Lease!"
Open Sunday, August 21 from 2 am to 5 pm (It really says 2 am, but...)
27312 Winding Way
Price: $7.35 million
Price Per Square Foot: $1,050
Days on Market: 432
Beds/Bath: 4/4.5
Sq. Ft.: 7,000
Pitch: "STAGED & REDUCED! The Bridge House, Christopher R. Sorensen AIA. Incredible ocean views from every room of this private gated cul de sac location. This brand new home is complete and ready for move in. Rift sawn Oak floors, contemporary style and a pool with your own mountain to hike and enjoy. Great seperation of the private and public areas make this home ideal for entertaining. Seller has had meetings with the city and the property could easily have a two room GH added over the garage."
Open Sunday, August 21 from 2 pm to 5 pm
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