Home seekers wanting to find the ultimate upscale yet laid-back west coast lifestyle need look no further than Malibu, California. This small town has long made a big impression with its seaside location and proximity to Santa Monica, Westwood and Beverly Hills. The price of homes runs into the millions here, with the most reasonably priced residences located in areas away from the beach, but people love the weather-mostly sunny with an average summertime temperature of 83 degrees.
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Pacific Coast Highway is the main route in and out of Malibu and popular neighborhoods include Paradise Cove, Trancas Canyon and Point Dume. In addition to enjoying all that beach living has to offer, people who call Malibu home are fortunate in having access to great shopping and dining spots. There is also a library and you can attend monthly events sponsored by The Malibu Cultural Commission where resident-speakers such as musicians, actors, artists and writers share insights into their fields. Local schools are part of the Malibu-Santa Monica Unified School District, and Malibu is also home to Pepperdine University.
If you plan to build your dream home, you can find a lot here for under $200,000. While lots are mostly available in non-seaside locations, you could still have a fine mountain or canyon view and you might be lucky enough to have a glimpse of sparkling blue water in the distance. Home prices have risen each year since 2012, and currently the average sold price is $1,775,000. The population of Malibu is just over 10,000 and the median age of homeowners is 42 with a household income of $118,088. While some of your neighbors may well be actors or people otherwise associates with the arts, many residents are entrepreneurs, corporate executives, legal and healthcare professionals, real estate developers and the like. If you have the wherewithal to join them, be a determined buyer. Good values in homes are still available in Malibu, California.