Many tourists are familiar with Paradise Cove Beach Cafe, but only the lucky few who take the time to look more into the area realize that Paradise cove is also a million dollar mobile home park. Located south of Point Dume and North of Escondido beach, Paradise Cove is home to some of the most successful people in Hollywood, including Christopher Nolan, Minnie Driver and even Pamela Anderson to name just a few.
Paradise cove prices range anywhere from $400,000 for a 500 Sq/ft, 1 bedroom shack on the lower area, all the way up to $5,000,000+ for a an upgraded 2,600 Sq/ft, 2 bedroom and 2 bath, bluff top mobile home overlooking the ocean. One good thing to know is that you don't own the land, you pay a space rent for the land to the owners of Paradise Cove, but this doesn't seem to stop many buyers, especially when considering there's no property tax.
Paradise Cove isn't just a mobile home park, it's a lifestyle, and it's the lowest priced beach lifestyle in Malibu where neighboring single family home properties range from $15-50 million, so if you don't have those bucks, this is the next best thing. Paradise Cove has the most exclusive beach in Southern California with some of the best surfing and a community culture that's second to none. Most residents use a golf-cart to travel to and from the beach which adds a fun touch to the already fun beach culture. Most residents seem to stay a lifetime, usually moving to another home within the community or simply upgrading the one they already own. This speaks volumes about the quality of the neighborhood.