Malibu is a market with out precedent. The coastal group boasts a number of the most sought-after actual property within the nation, and in consequence, it repeatedly sees record-setting offers and astronomical worth tags.
The most recent itemizing to shoot for the celebs is in Malibu’s Level Dume, the place a home with just one bed room and one toilet is asking $18.45 million.
That’s the priciest tag for a one-bedroom residence in all of Southern California — by a mile. To search out the second-priciest, you’ll have to go to Newport Seashore, the place a 1,200-square-foot home in a guard-gated group is up for grabs at $5 million.
Nonetheless, the Level Dume property gives much more than only a bed room. For one, it was owned for half a century by James Olson, the actor who starred within the movies “Commando” and “The Andromeda Pressure” and appeared in dozens of TV sequence. He died earlier this yr at 91.
Olson received into the market on the proper time; information present he paid $47,500 for the property in 1971.
The seashore home. (Mike Helfrich)
The entrance of the house. (Mike Helfrich)
The lounge. (Mike Helfrich)
The entry. (Mike Helfrich)
The eating space. (Mike Helfrich)
The staircase. (Mike Helfrich)
The kitchen. (Mike Helfrich)
The bed room. (Mike Helfrich)
The aspect of the house. (Mike Helfrich)
The patio. (Mike Helfrich)
The yard. (Mike Helfrich)
The garden. (Mike Helfrich)
The steps. (Mike Helfrich)
The one-bedroom seashore home. (Mike Helfrich)
The seashore home additionally has loads of area, spanning almost an acre. Whereas surrounding properties cram as a lot sq. footage onto their heaps as attainable, Olson’s residence covers simply 1,701 sq. toes and saves room for grassy gardens in each the back and front, in addition to a flagstone patio on the aspect and steps that descend to the seashore beneath.
Comprised of fresh strains and coated in ivy, the house options vivid, sunny residing areas marked by partitions of home windows and wealthy hardwood flooring. Butcher-block counters and Saltillo tile cowl the kitchen. The lounge provides a hearth and floor-to-ceiling bookcase.
Chris Cortazzo of Compass holds the itemizing.