Malibu estate tops luxury contracts with $25M ask

Malibu was home to the priciest residential contract inked in Los Angeles County last week — a deal for the property at 6051 Philip Avenue that shed light on a recent market dip. The roughly 13,400-square-foot mansion’s $25 million list price earned it the top spot of the week based on a report compiled by Marcy Roth of Douglas Elliman’s Eklund Gomes team. The Eklund Weekly Luxury Report Los Angeles rounds up single-family homes and condominiums listed in the Multiple Listing Service for $4 million or more and lists the top contracts based on asking price. Still, the oceanview estate […]

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