The Showcase Estate/Lot 6 In Escrow at $16 Million
Overall sales activity has increased in Malibu – we are at mid-year and the overall # of homes sold in Malibu increased by 53% (115 have already sold this year compared to to only 75 sales mid-year 2011). MariSol has joined the party by putting its Award- Winning Malibu Beach House, The Showcase Estate (Lot 6), in ESCROW at $16 million.
Recent Sale of Lot 2 on November 3, 2011 for $3.5 million. See below for further information.
On November 3rd, 2011, escrow closed for the sale of Lot 2 at $3.5 million and a custom designed, Barry Berkus, Contemporary Ranch Home will be built for MariSol’s newest residents (see above rendering).
MariSol’s newest residents, a Manhattan Beach couple, are proceeding with the design of their home through MariSol’s Homebuilding Program.
MariSol’s Newest Residents:
“We’ve been looking for a long time and discovered MariSol on the web and fell in love – it was exactly what we were looking for: oceanfront, bluff top, huge wide lots, super private, rural, scenic, unbelievable landscaping, unlimited parking, no building restrictions or CCC review and a great surfbreak! We’re going to build our Barry Berkus designed dream home here quickly and at a great savings with the help of MariSol’s Homebuilding Program and it’s helpful development team. They treat this project like their baby and it shows in everything done here. For now, MariSol is Malibu’s best kept secret and we wanted to get in when we still could.”