Los Angeles Times

Triple-wide Malibu sale is a record

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Seven-figure sales are an everyday occurrence in L.A.’s real estate hot bed, even in the mobile-home market. In Malibu, a mobile home recently changed hands for a record $5.3 million.

Found within the confines of the Paradise Cove Mobile Home Park, the triple-wide house was briefly listed for sale in March for $5.5 million before closing offmarket. A year ago, the same property sold for $4 million, records show.

The sale represents the highest price ever paid for a mobile home in Malibu, according to Pinnacle Estate Properties agent Elizabeth Seaman, who represente­d the buyer. Seaman declined to identify the new owner.

Set on a bluff overlookin­g the coastline, the manufactur­ed house has features akin to the typical luxury home in L.A.: beamed ceilings, hardwood floors, skylights and a pair of gas fireplaces.

A living room, a kitchen with an island/breakfast bar, a dining area area with a built-in booth and a wood-paneled office lie within the

floor plan.

The master suite, with a sitting area and boutique-inspired closet, has a pop-up skylight feature lined with clerestory windows. There are four bedrooms and four bathrooms in all.

Outdoors, the grounds include a flagstone patio, a gazebo and a viewing deck.

A gated courtyard sits off the entrance to the home.

Expansive views take in the ocean and coastline.

Paul Woodman, also of Pinnacle Estate Properties, was the listing agent.

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