A sprawling ninety-five acre spread at Point Dome, Malibu, or Point Douche if you ain’t into millionaire/billionaire VALS being gently massaged into the harmless rollers by their surf coaches, has changed hands for the first time since 1892 for around two-hundred mill.
The Point Dume Club of Malibu, which has two hundred mobile homes ranging from two-to-five mill, although that cash only buys the joint and not the land, y’still gotta rent that from the Club’s owner, sold to one of the US’s largest owners of manufactured housing communities.
“We’re excited to add Pointe Dume to our family of communities in California,” Chicago-based Hometown America Communities, who operate eighty trailer parks, said in a statement. “Point Dume is a beautiful property, and we intend to manage it in the same manner as the prior owners, honor current leases, and comply with all local regulations. Hometown is a long-term investor, and we value the long-range viability of the market and our communities.”
Now, two hundred mill is cheap for almost one hundred acres of prime Port Dume dirt and sand and if you could bulldoze the trailer homes and build some real fancy joints, the sort you might see Jonah or Pammy strolling around in, well, think over one billion dollars.
The Point Dume Club is one of two trailer parks in Malibu, the other the very famous Paradise Cove, which is home to equality-in-surfing activist Minnie Driver, who keeps a little joint there painted mint green, Pamela Anderson, who dated the park’s electrician, and surf journalist Sam George.
As you’d expect, Paradise Cove has since been gobbled up, mostly, by actors, directors, LA’s monied set, although the occasional pauper like Sammy George squeezes his still pretty self into the milieu.
Built in the nineteen-fifties on eighty-five acres of classic Californian beachfront land, Paradise Cove became the go-to for ocean-lovers who wanted affordable seclusion amid the craziness of Los Angeles.
The post Sprawling Point Dume Malibu trailer park adjacent to Stephanie Gilmore rental sells for $200 million! appeared first on BeachGrit.
