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ctress Sarah Paulson has reduced the price of her cozy 500-square-foot mobile home in Malibu's Paradise Cove Mobile Home Park by approximately 10 percent, now available for just under $1.8 million. Coldwell Banker Realty's Ren Smith holds the listing for this property located at 16 Paradise Cove Road.
The mobile home park, situated at 28128 Pacific Coast Highway, has become a popular spot for celebrities due to its proximity to the beach. Notable residents include Minnie Driver, Stevie Nicks, Betsy Johnson, Matthew McConaughey, and Pamela Anderson.
Paulson's one-bedroom, one-bathroom home comes fully furnished and includes a golf cart for easy access to the beach. She purchased the property for $860,000 in 2021, according to listing sites. To create a unique living space, she enlisted the help of Jeff Spiegel of Heartwood Construction + Design and Amy Kehoe of home furnishings store Nickey Kehoe. Together, they transformed the space with jewel-tone paint colors, wallpapers, pine floors, brass fixtures, a sleeping loft, and custom furniture.
Prices within the park vary depending on the size of the trailer. For instance, a 5,588-square-foot home with three bedrooms and two bathrooms was listed for $5.9 million in March 2023. It was later sold in June of the same year for $5.6 million. Another property in the park, measuring 847 square feet, was listed at just under $4 million in September 2022. This two-bedroom, one-bathroom home was sold in August 2023 for $3.5 million.
This coveted Malibu trailer park is a favorite among the rich, famous, and surfers alike, offering a unique living experience for those who can afford it.
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