
Think You Can’t Afford a Beachfront Home? Read This
In 1948, an empty acre and a half on Point Dume in Malibu sold for the princely sum of $3,100.
In 1948, an empty acre and a half on Point Dume in Malibu sold for the princely sum of $3,100.
A recent report from global real estate consultancy Knight Frank shows that beachfront homes command a premium of 58.5%. The report also states that waterfront properties are amongst the most desirable, which is backed up by research from Zillow.