This beach retreat is in the gated Malibu Bay Club development, which sits along the oceanfront. Depending on how fast one walks, it's less than a minute from the front door to the sand. There's also a swimming pool for those days when the ocean is too cool for a dip.
Address: 11872 Coral Reef Lane, Malibu, CA 90265
House size: 1,318 square feet, two bedrooms, two bathrooms
Features: Bonus room, family room, study/office, glass doors, decks, laundry area, automatic gate, card/code access, guard, air conditioning, central heating, carport, additional parking spot
About the area: The median sale price for condominiums in the 90265 ZIP Code in December was $787,000 based on five sales, according to CoreLogic. That was a 31.1% increase compared with the same month the previous year.
Agent: John Graff, Real Estate Broker Inc., (213) 519-5758
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