Recession what recession? Someone has just forked out over $2 million for a mobile home in Malibu!
The property sits in the Paradise Cove Mobilehome Park which RadarOnline.com recently featured as the most expensive site of movable homes in America.
The new sale boasts hardwood floors, a designer kitchen, an outdoor spa, plus stunning views of the Pacific Ocean.
Realtor David Carter of Pritchett Rapf – who handles sales at Paradise Cove – told RadarOnline.com that homes there represent ‘the most affordable housing’ in star-studded Malibu.
He may be right. At $2.27 million, it is a bargain compared to Julia Roberts’ new $10 million estate and Barbra Streisand’s compound which may be worth upwards to $25 million.
Currently, there are over a dozen properties for sale at the Mobilehome Park ranging from $350,000 to over $2 million.
Paradise Cove started as an RV camp, but was expanded to the current 271 unit park in the early 1970s.
The classic 1970s TV series, The Rockford Files was set there with star James Garner living in a battered Gulfstream on the beach.
He wouldn’t even be allowed through the guard gates now. Current amenities include a small clubhouse, an RV storage unit, a playground for children plus tennis and basketball courts.
Residents have 24/7 access to the popular Paradise Cove Beach Café and to the private beach which sits directly below the trailer park.
Minnie Driver, Matthew McConaughey and Pamela Anderson have all been Paradise Cove home-owners. Click for the previous story on Paradise Cover Mobilehome Park