The Final Countdown

21804 Pacific Coast Highway

Malibu, CA

MLS 11-543679

It's a big deal, Carol Bird's 22 million dollar on Carbon Beach.  It's in 4 days!  There have been many, many articles questioning whether or not we can still call Carbon Beach "Billionaire's Beach" at this point based on the fact that homes of such opulence are being taken to auction.  But this, in addition to other auctions done in Malibu, would seem to indicate that even Malibu is not immune to the market fluctuations, and auctions are a way to ensure a buyer. 
So, if you have an extra 22 million dollars  and want to put in a bid, September 18th @ 12:00- be there or be square!

Photo Friday!

Photo Friday: 21804 Pacific Coast Highway

21804  Pacific Coast Highway is a magnificent property listed with Malibu's omnipresent luxury real estate agent Chris Cortazzo that is being auctioned on September 18th with a measly starting bid of $22 million.  With the original asking price of $65 million, this is a bargain!  I guess.  MSNBC did a story on this, saying it may be the priciest home ever sold on auction.  It is part of an increasing trend of homes being sold for auction, which almost guarantees a sale.  Look at that pool!