$1,331,000 *Last sale price:
The Malibu location puts this thoroughly modern house just minutes from the beach. The exterior is all clean lines, flat surfaces and high-arched recesses. Inside, the rooms are large, high-ceilinged and starkly contemporary.
Luxury features include: a master suite complete with dual-vanity, limestone-tub bath, balconies with canyon and ocean views and a fireplace and a fully equipped cook's kitchen.
According to Trulia, the median listing price in Malibu is $2,297,000 but the median price of a foreclosure listing is just $1,045,500, 54% less.For further information: Trulia NEXT: Woodland Hills, Calif.