Malibu, CA Real Estate

Malibu Homes for Sale

Malibu Real Estate prices range from $250,000 up to over 3.5 Million. Malibu property types include Single Family, Residential, Commercial, Town Homes & Condominiums, Lots & Land, and Investment Properties.

The Community of Malibu

The City of Malibu was incorporated on March 28, 1991. Located in Northwest Los Angeles County, the City has 21 miles of coastline along the Pacific Ocean and has a population of 12,575.

Malibu offers 23 miles of beautiful coastline, rugged mountains, wooded canyons, and sheltered coves. Here you will find an exciting portion of California history. The development of Malibu was started with the sale of the La Costa area for $6,000,000 in 1928. To set the tone for the upcoming sales the Malibu Colony was leased to the movie stars.

This exclusive beach soon became a hideaway for the famous actors and entertainment personalities of the time. Art Jones, real estate developer, was prominent in this promotion and undertook the leasing project. Thirty-foot lots were offered on ten-year leases at $1.00 per ocean-front foot per month.

The motion picture personalities quickly responded. Anna Q. Nielson was the first to sign up. Others soon followed including: Clara Bow, Ronald Colman, Harold Lloyd, Delores del Rio, Warner Baxter, Constance Bennett, Jack Warner, Mervyn Leroy, John Gilbert, Gloria Swanson, Gary Cooper, Barbara Stanwyck and many others. Soon small beach cottages were constructed, the average cost of which was $2600. Rapidly, the area became known as the Malibu Movie Colony.

Ten years later, a portion of the Rindge's land including these leased properties, then managed under their company name, Marblehead Land Company, was offered for sale. These were quickly purchased by the celebrity occupants. From then to the present day the Malibu Movie Colony has been world famous as the playground of the movie stars, rock concert artists, writers, producers, and all types of personalities from the entertainment and business world.

Today, The Colony is a gated community with 24-hour security guards. Present residents include a veritable "who's who" of notables from the entertainment, arts, and business worlds.