A new record! $150,000 per month for a Malibu lease! Is $200,000 per month next?
By Michael Gardner, Malibu real estate professional
(Prudential Malibu Realty)
By The Malibu Real Estate Blog Themaliburealestateblog.com The gilded age continues! For $150,000 per month, with a two month minimum, you can rent the ultimate get away house. The home, located on Cliffside Drive on Point Dume, has 4 bedrooms and 8 baths with enough interior space to park a few Gulf Stream V's. There is a direct trail to the beach and you can run around the property naked if you please because you will have total privacy. You are going to have to cough up a nice security deposit of $300,000 which means you'd better be ready to cut a check for $450,000 to move in for the first month. Let's work with smaller numbers ya'll can grasp. It's only $200 per hour or $5000 per day. Considering that the Presidential Suite at Shutters in Santa Monica is $3500 per night, renting t...
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