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Malibu, Calif.
Malibu, Calif.
Price: $1,299,900
Estimated value: $1,331,000 *
Last sale price: $1,350,013
(December, 2004)
Bedrooms: 2
Baths: 4
Square feet: 2,637

Description: 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.
Last updated March 20 2008: 9:54 AM ET
*Estimated value is from an automated valuation model based primarily on comparable sales.