Redfin Reco for Halle Berry: Rent vs. Buy in Malibu

September 7, 2012 by Rachel Musiker

Reading Time: 2 minutes

According to reports from TMZ, Halle Berry is looking for a swanky Malibu beach house to live in while her Hollywood Hills home gets a little work done. It’s hard to fathom that anyone would drop $50,000 per month in rent! So just in case she’s wondering what comparable homes she could buy and still spend less each month in mortgage payments, we present Redfin Reco, Malibu beach house edition:

Listed by Gayle Pritchett, Pritchett-Rapf & Associates

29020 Cliffside Dr

List Price: $12,495,000
Estimated Monthly Mortgage Payment (30 yr fixed/20% down): $45,587
Beds: 4
Baths: 3.5
Sq. Ft.: 4,054

Halle should choose this one if she’s looking for a grassy yard and huge pool for her daughter to play in. This one-story home has more of a traditional family home layout than the other two- and three-story homes. Halle’s master bedroom has its own en-suite kitchen and her guests would also enjoy their own private patios.

Listed by Tony Mark, Prudential Malibu Realty

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31012 Broad Beach Rd

List Price: $10,900,000
Estimated Monthly Mortgage Payment (30 yr fixed/20% down): $39,768
Beds: 4
Baths: 4
Sq. Ft.: 2,280

Here’s a classic beach house option for Halle: she can enjoy the cozy Cape Cod style in the heart of warm and sunny Malibu. This home was recently renovated for a modern feel, and the grassy backyard will provide Halle with some privacy when she’s hanging out or grilling with friends on the patio.

Listed by Shen Schulz, Sotheby’s International Realty – Malibu

24956 Malibu Rd

List Price: $7,900,000
Estimated Monthly Mortgage Payment (15 yr fixed/20% down): $42,889
Beds: 3
Baths: 2
Sq. Ft.: 1,899

Here, Halle would have a 50-foot-wide plot of private beach all to herself. With the third bedroom designed as a guest suite and a layout with lots of room for extra beds, Halle could host several friends and family members for the weekend!

If you are represented by an agent, this is not a solicitation of your business. This article is for informational purposes only, and is not a substitute for professional advice from a medical provider, licensed attorney, financial advisor, or tax professional. Consumers should independently verify any agency or service mentioned will meet their needs. Learn more about our Editorial Guidelines here.

Rachel Musiker

Rachel writes about the national housing market. Now based in NYC, Rachel joined Redfin in 2010 as a real estate agent in Washington, D.C., and joined company’s communications team in 2011. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.

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