Luxury Real Estate in Malibu, CA

SOURCE www.realtor.com
A new megamansion in Malibu, CA is set to hit the market for a record-breaking price of $300 million, potentially dethroning Beyoncé and JAY Z as owners of one of America's most expensive properties. The real estate mogul behind this listing previously orchestrated the sales of other high-priced homes in the area.

Key Points

  • The new megamansion in Malibu is set to be listed for $300 million, potentially breaking records.
  • Previous high-priced real estate transactions in Malibu include properties owned by Beyoncé, JAY Z, Kanye West, and others.
  • Despite the risks of wildfires, Malibu remains a sought-after location for luxury real estate.

Pros

  • Malibu continues to attract high-profile buyers for its luxurious properties.
  • Owning property in Malibu offers privacy and proximity to central L.A.

Cons

  • The area faces risks from wildfires.