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Wednesday, February 15, 2012

Lease Listings between $2500 and $3000 in Malibu

In case you're starting to think about summer, here are six AFFORDABLE leases in Malibu!  All within the range of $1,500-$2,500.
9490 Seabreeze Terrace, $2400/month. 1 bedroom, 1 bathroom.
" PCH Highway, Exit and make a right on Yerba Buena Road, Make a right on Yellow Hill, Left on Wells. REMARKS:  Private and secluded home offering peace and tranquil living from the normal day-to-day grind of city life. This property located in the canyons of Malibu is great for any nature lover. Home is available as of November 1, 2011. Rare find"

21361 Pacific Coast Hwy #2 $1,595/month. 1 bedroom, 1 bathroom.
"Adorable 1 br 1 ba unit with nice kitchen, laundry on-site, roof top deck close to priced 1 br unit in Malibu."

20202 Pacific Coast Highway #15 $2,095/month.  Studio/1 bathroom.
"Incredible views of Queens necklace, PV peninsula and Catalina from this charming and cozy oceanfront studio on Big Rock beach. Partially furnished with quality built-ins and includes all utilities and basic cable TV. Perfect for a weekend get-a-way or as a writers retreat. Very unique offering."

5520 Horizon Dr. $1700/month.  1 bedroom, 1 bathroom.
"Charming little cottage for 1 person & possible pet with lovely ocean view. Detached guest house in quite neighborhood. Small private patio & another seating area to enjoy the view. Can be furnished or unfurnished. Tenant pays electric. Shared laundry area, cable and internet included. Non smoking, good credit, & references. "

6437 Kanan Dume Dr. $2500/month. 2 bedrooms, 2 bathrooms.
"Private first floor 2 bedroom 2 bath Malibu Gardens Condo with huge deck and some ocean views. Upgraded kitchen with maple cabinets, tile countertops and newer appliances. Well appointed baths, bright sunny bedrooms. Separate detached 2 car garage with room for extra storage. Complex has lovely pool and spa. 1 year lease. 1st plus security and credit report required."

20202 Pacific Coast Hwy #17.  $,1995/month.  Studio/1 bathroom.
"This is a charming very cozy studio on Big Rock beach with a wonderful outdoor area to enjoy. Lovely ocean views and steps to the beach. Rent includes all utilities and basic cable tv. Close-in location. The perfect hide-a-way/get-a-way."

 If you want details on these and any other leases, call Areté Estates at 310-457-2229 or e-mail

Tuesday, February 7, 2012

Sold in 2012 in Malibu.. so far!

These are the houses that have sold in Malibu since the beginning of 2012- 16 of them.  We're not doing so bad in 2012!
1. 440 Encinal Canyon Road
3 bedrooms, 2 bathrooms. $2,100,000 purchase price. 
spent 867 days on the market
2. 31633 Broad Beach Road
3 bedrooms, 3.5 bathrooms. $2,600,000 purchase price.
spent 513 days on the market.

3.  29351 Bluewater Rd.
3 bedrooms, 2 bathrooms. $1,680,000 purchase price.
spent 443 days on the market.
4. 4478 Vista del Preseas
3 bedrooms, 3.5 bathrooms. $1,375,000 purchase price.
spent 429 days on the market.

5. 26312 Fairside Rd.
2 bedrooms, 2 bathrooms. $579,000 purchase price.
spent 258 days on the market.

6. 25152 Malibu Road
5 bedrooms, 5 bathrooms. $5,500,000 purchase price. 
spent 275 days on the market.

7. 24640 Blue Dane Lane.
4 bedrooms, 4.5 bathrooms.  $2,700,000 purchase price.
spent 314 days on the market. (pi, anyone?) 
8. 5855 Bonsall Drive.
4 bedrooms, 3 bathrooms.  $1,000,000 purchase price.
spent 242 days on the market.

9. 5820 Kanan Dume Rd.
4 bedrooms, 5 bathrooms.  $2,500,000 purchase price.
spent 209 days on the market.
10. 3600 Las Flores Canyon Road.
3 bedrooms, 3 bathrooms.  $1,175,000 purchase price.
spent 209 days on the market.
11. 23476 W Moonshadows Rd.
4 bedrooms, 4 bathrooms. $1,225,000 purchase price.
spent 109 days on the market.

12. 2940 Seabreeze Dr.
2 bedrooms, 2 bathrooms. $495,000 purchase price.
spent 24 days on the market.
13. 6447 Surfside Way
3 bedrooms, 2 bathrooms. $930,000 purchase price.
spent 9 days on the market.
14. 33477 Mulholland Hwy.
1 bedroom, 1 bathroom.  $200,000
spent 199 days on the market.
15. 6360 Cavalleri Rd.
4 bedrooms, 7 bathrooms. $2,150,000 purchase price.
spent 190 days on the market.
16.  22105 Carbon Mesa Rd. 
4 bedrooms, 3 bathrooms. $2,102,700 purchase price.
spent 180 days on the market.

Wednesday, February 1, 2012

New listings in Malibu

These listings have gone up within the last day in Malibu.

1. 27720 Winding Way MLS#12-579069, Listed at $11,950,000
"Completed in 2007, this stunning East Coast Traditional Estate is located on approx. 5.8 acres with panoramic ocean views from Santa Monica to Point Dume. Designed by renowned architect Lewin Wertheimer, this home was built with the finest materials & by quality craftsmen. Featuring 5 bedrooms & 9 baths on three levels & encompassing approx. 10,000 s.f., this estate includes a main home, guest house, pool, spa, pool pavilion, tennis court, playground & equestrian corral. The main level was designed for optimal entertaining with a wonderful indoor/outdoor flow, large living spaces, formal dining room, chef's kitchen & butler's pantry. The upstairs level features an incredible master suite with ocean views & luxurious bathrooms, plus 3 additional en-suite bedrooms. The 3,000+ sq. ft. basement includes a media room, playroom, gym & craft/wrapping room. Above the garage is a beautiful guest suite. This is Malibu living at its finest."

2.  6415 Busch Dr. MLS#12-579035, Listed at $14,500,000
"Spectacular French Country estate behind gates 1 blk from the beach. Magnificent grounds include a polo field, stables, red clay TC & 2 acres of vineyards.. A tranquil setting made magical w waterfalls & brooks that flow into a picturesque private lake w charming boat house. The grand home's interiors feature European pavers, black walnut floors, Authentic brick fireplaces w/antique stone mantels from France. Great room w soaring ceilings & Hudson Valley antique ash beams. Chef's kitchen w custom La Cornue range, copper counters, custom pizza oven & rotisserie which opens to a breakfast area and fam rm w lush views. Charming library, 4000 bottle wine cellar, 3 exquisite guest bedrooms plus luxurious master suite and 1Bd/1Ba charming guest house completes this one of a kind estate. The property produces substantial revenue w award winning Pinot & Chardonnay vines and private event bookings. The caretaker has managed the property, including grape harvest for 10 years and could stay on."

3. 4209 Ocean View Dr. MLS#C12014093MR, Listed at $649,000
"Mediterranean style home in a tranquil neighborhood of Malibu. Beautiful ocean and canyon views peaks outside this gorgeous home. There are hardwood floors throughout the house, redwood decks to enjoy the day, expansive 2000 bottle temperature controlled wine cellar, and a marvelous extra guest/maid's quarters with a separate entrance. There's also a gated driveway, spacious 2 car garage, and 2 tiled balconies and fireplace."

Tuesday, January 31, 2012

New Beach Listings in Malibu

These two properties were listed on the beach in the last 7 days!
29042 Cliffside Dr. MLS#12-577749

 Situated on beautiful Point Dume on over one acre, with 110 feet ocean frontage, is this contemporary Mexican Villa designed by renowned architect Ed Giddings, recognized for his prize winning residences and resorts in Puerto Vallarta and Cabo San Lucas. Enter through the gates and you are transported into a private paradise with lush tropical landscaping, ocean breezes and stunning panoramic white-water views of the point Dume Headlands, Queen's Necklace and Catalina Island.


21408 Pacific Coast Highway MLS#12-578651
Exclusive sandy La Costa Beach! European Villa with walled Italian garden entry. 5 beds, 5 baths. Main level: light infused living room w/FP, dining room, all stainless steel gourmet kitch. & powder room. Second level: wood paneled office/den w/elegant marble bath, huge master suite w/FP, enormous walk-in closet and luxurious marble bath. Third level: 2 oceanfront bedrooms lead out to terrace w/spa and mesmerizing ocean views, 2 baths and guest room. Exceptional quality and detail throughout.

 For information on these and other properties, call  310-457-2229 and we can schedule an appointment.

Thursday, January 26, 2012

10 Cities Where List Prices Soared in the Last Year

10 Cities Where List Prices Soared in the Last Year
List prices are heating up in Florida, as recovery takes hold in the Sunshine State. Florida boasts the highest number of cities in the top 10 for largest increases in median list prices in the last year. In Miami alone, median list prices have jumped 32 percent in the last year. 

Nationwide, median list prices have inched up 5.03 percent from December 2010 to December 2011, according to data. 

The following cities are where median list prices have increased the most in the last year, based on December 2011 data of 146 metro areas from

1. Miami, Florida
Year-over-year increase: 32.50%
Median list price: $265,000
2. Naples, Florida
Year-over-year increase: 21.67%
Median list price: $365,000

3. Fort Myers-Cape Coral, Florida
Year-over-year increase: 21.47%
Median list price: $229,375

4. Punta Gorda, Florida
Year-over-year increase: 19.42%
Median list price: $179,000

5. Boise City, Idaho
Year-over-year increase: 19.25%
Median list price: $154,900

6. West Palm Beach-Boca Raton, Florida
Year-over-year increase: 18.38%
Median list price: $219,000

7. Sarasota-Bradenton, Florida
Year-over-year increase: 17.62%
Median list price: $241,000

8. Daytona Beach, Florida
Year-over-year increase: 16.06%
Median list price: $179,900

9. Phoenix-Mesa, Arizona
Year-over-year increase: 13.79%
Median list price: $165,000

10. Grand Rapids-Muskegon-Holland, Michigan
Year-over-year increase: 13.32%
Median list price: $137,000

Wednesday, January 25, 2012

What does an escrow officer do?

What exactly does an escrow officer do? In case you were wondering, because while many of us do eventually buy houses, very few of us understand the escrow process.
  • Open escrow, and, if instructed to do so, deposit your good faith funds in a separate escrow account. 
  • Order a title search to determine ownership and status of the subject real property. 
  • Issue a preliminary report and begin the process of eliminating the title exceptions you and your lender are not willing to take title subject to.
  •  Request payoff information for the Seller's loans, other liens, homeowner's association fees, etc.
  • Prorate fees, such as real property taxes, per the contract, and prepare the settlement statement
  • Set separate appointments allowing the Seller and you to sign documents and deposit funds
  • Review documents ensuring all conditions and legal requirements are fulfilled; request funds from lender
  • When all funds are deposited, record documents with the County Recorder's Office to transfer the subject real property to you
  • After the recordation is confirmed, close escrow and disburse funds, including Seller's proceeds, loan payoffs, etc.
  • Prepare and send final documents to all parties involved.

Tuesday, January 24, 2012

New Listing!: 8424 Ranchito Ave

8424 Ranchito Avenue
Regular sale! This newly remodeled home has clean lines, wonderful charm & is move in ready! 
  • Large landscaped backyard
  • Remodeled in-ground swimming pool
  • Large windowed bonus room with fireplace that overlooks the backyard
  • Designer perfect features: gleaming wood floors, copper plumbing, upgraded kitchen with granite countertops
  • 2 car attached garage + 2 parking spots
  • Just one block away from the Panorama Mall!
  • For sale at 269,000.  Contact Sarah Ribnick Kosasky at 424-235-0143 for details