About This Single Family in Malibu, CA
This 5 bedroom, 4 bathroom single family is located in Malibu, CA. The property spans 4,043 square feet of living space. The property sold for $4,450,000, placing it in the luxury segment of the market.
Paul Reiser's home. The actor lives here part-time. He purchased the 5-bed, 4-bath, 4,043 sq ft beach home in April of 1999 for $4.45M from rocker Gordon "Sting" Sumner, according to public records. His main residence in the exclusive gated Beverly Park community is 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 Luxury Segment
In the luxury price range where this single family in Malibu sits, buyers are typically weighing a specific set of trade-offs. Luxury buyers tend to place greater weight on privacy, unique architectural features, lot quality, and the prestige of the specific address within a neighborhood. Luxury markets can be more sensitive to broader economic conditions and tend to have longer average days on market than mid-range properties.
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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