I guess we’re not in Kansas anymore….

News, Reynolds Realty Group News

Malibu Mobile Home Fetches $2 Million

One of the most expensive mobile homes in the U.S. recently sold for $2 million in cash in a ritzy spot in Malibu, AOL Real Estate reports.

The 2,330-square-foot, two-bedroom, two-bath mobile home is in the Paradise Cove mobile home park, which sits on a bluff overlooking the ocean. It has nearby homes belonging to celebrities that fetch $15 million or more.

The mobile home was listed this spring for $2,550,000.

The $2 million sale just includes the mobile home unit. The coveted land that the mobile home sits upon must be leased for a monthly fee, which can sometimes reach up to $2,000 per month, according to AOL Real Estate.

Source: “Sold: Most Expensive Mobile Home in America,” AOL Real Estate (Sept. 15, 2011)

via Malibu Mobile Home Fetches $2 Million | Realtor Magazine.


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