Here's a place we certainly wouldn't mind riding out the heat wave in. Built in 1980, this blue-hued Buff & Hensman is located on a .81 acre lot on Malibu's Encinal Bluffs. Per the listing, the 2,130-square-foot residence consists of a two-bedroom, two-bath main house plus a detached one-bedroom, one-bath guest suite. Features include a remodeled kitchen, covered porch, stone floors, a living room fireplace, ocean-front patios, a swimming pool with spa, and last but not least, spectacular ocean views. According to public records, the property last sold in 1999 for an eat-your-heart-out price of $546,000. On the market sporadically since 2006, it's now asking $6.5 million.
· 33744 PACIFIC COAST Hwy [Redfin]