As latimes tells MHProNews, a triple-section manufactured home in Malibu’s Paradise Cove Mobile Home Park sold for $5.3 million, the most ever paid in the area. Listed for sale in March for $5.5 million, it was sold a year ago for $4 million.
Pinnacle Estate Properties agent Elizabeth Seaman represented the buyer, but declined to identify the new owner.
On a bluff overlooking the Pacific coastline, the home is replete with LA trappings: beamed ceilings, hardwood floors, skylights and a pair of gas fireplaces. With four bedrooms and four bathrooms, the master suite has a sitting area, large closet and pop-up skylight with clerestory windows.
The grounds include a gated courtyard, flagstone patio, gazebo and viewing deck. ##
(Photo credit: latimes/Berlyn Photography–MH deck overlooking the Pacific)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.