Redfin Reco for Halle Berry: Rent vs. Buy in Malibu

According to reports from TMZ, Halle Berry is looking for a swanky Malibu beach house to live in while her Hollywood Hills home gets a little work done. It’s hard to fathom that anyone would drop $50,000 per month in rent! So just in case she’s wondering what comparable homes she could buy and still spend less each month in mortgage payments, we present Redfin Reco, Malibu beach house edition:

29020 Cliffside Dr Malibu, CA 90265
Listed by Gayle Pritchett, Pritchett-Rapf & Associates

29020 Cliffside Dr

List Price: $12,495,000
Estimated Monthly Mortgage Payment (30 yr fixed/20% down): $45,587
Beds: 4
Baths: 3.5
Sq. Ft.: 4,054

Halle should choose this one if she’s looking for a grassy yard and huge pool for her daughter to play in. This one-story home has more of a traditional family home layout than the other two- and three-story homes. Halle’s master bedroom has its own en-suite kitchen and her guests would also enjoy their own private patios.


Listed by Tony Mark, Prudential Malibu Realty

31012 Broad Beach Rd

List Price: $10,900,000
Estimated Monthly Mortgage Payment (30 yr fixed/20% down): $39,768
Beds: 4
Baths: 4
Sq. Ft.: 2,280

Here’s a classic beach house option for Halle: she can enjoy the cozy Cape Cod style in the heart of warm and sunny Malibu. This home was recently renovated for a modern feel, and the grassy backyard will provide Halle with some privacy when she’s hanging out or grilling with friends on the patio.


Listed by Shen Schulz, Sotheby’s International Realty – Malibu

24956 Malibu Rd

List Price: $7,900,000
Estimated Monthly Mortgage Payment (15 yr fixed/20% down): $42,889
Beds: 3
Baths: 2
Sq. Ft.: 1,899

Here, Halle would have a 50-foot-wide plot of private beach all to herself. With the third bedroom designed as a guest suite and a layout with lots of room for extra beds, Halle could host several friends and family members for the weekend!

Discussion

  • http://twitter.com/phonebanshee phonebanshee

    As a native Californian, I just about bit my screen when I read that one of the houses has a “50-foot-wide plot of private beach all to herself.” Maybe in North Korea you can do that, but in civilized countries, beaches are public. There are exactly zero private ocean beaches in the state of California. They’re all owned by the people of the state, although well-financed thieves occasionally try to steal them.

    • Rachel Musiker

      Good point, phonebanshee! Maybe not ALL to herself :) But she’d at least be able to enjoy that space!

    • Ron_Burgundy

      True, but I believe there are still beaches that are functionally private, i.e, difficult to access, even if you don’t technically own the beach.

      Also, what?? Methinks you don’t understand what communism is if you think a private beach could occur in North Korea.

      • http://twitter.com/phonebanshee phonebanshee

        You’re clearly right about North Korea – the quality of my snide comments has been dropping lately :-).