About This Single Family in Malibu, CA
This 4 bedroom, 4 bathroom single family is located in Malibu, CA. The property spans 2,852 square feet of living space. The property sold for $8,395,000, placing it in the ultra-luxury segment of the market.
Ray Romano's home. The "Everybody Loves Raymond" actor lives here part-time. He purchased the 4-bed, 4-bath, 2,852 sq ft home in February of 2004 for approx. $8.395M, according to public records. His main residence in Encino (CA), and another home he owns in Woodland Hills (CA), are both also featured on this site.
Real Estate in Malibu, CA
California is one of the most expensive real estate markets in the United States, driven by high demand in coastal cities like Los Angeles, San Francisco, and San Diego. Limited land for development, strict zoning regulations, desirable weather, and a concentration of high-paying technology and entertainment jobs create persistent upward pressure on prices. The state offers diverse property types from beachfront homes and hillside estates to Central Valley farmhouses, with internal price variation that is among the largest of any state.
What Determines Value in the Ultra-luxury Segment
In the ultra-luxury price range where this single family in Malibu sits, buyers are typically weighing a specific set of trade-offs. Ultra-luxury real estate operates by different rules than the broader market. Buyers at this price point are generally purchasing on the strength of specific features — waterfront, views, architectural significance, or historical provenance — that cannot be replicated elsewhere, rather than making purely financial decisions.
Properties like this single family in Malibu are part of the Housle game database, where players compare real home prices from across America. Understanding what makes each home worth what it sold for — the location within its market, the specific features, the year it was built, and the condition at time of sale — is exactly the kind of knowledge that Housle builds through repeated exposure to real listings.
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