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The view is kind of blue Location: 41700 Pacific Coast Highway, Malibu 90265Asking price: $6,495,000Previously sold for: $2.45 million in 2000Size: Four bedrooms and 3 3/4 bathrooms in 4,551 square feetAdditional features: Gated, two KitchenAid dishwashers, Russell Range cooktop, Thermador convection double oven, Sub-Zero refrigerator, fireplace in living roomAround the neighborhood: Through June, 52 single-family homes sold in the 90265 ZIP Code, according to MDA DataQuick, at a median price of $2,265,000. That was a 35.3% price drop from the first half of 2008. There were 325 homes listed for sale last week in 90265 at Realtor.com, priced from $450,000 to $36 million.Listing agent: Ellen Francisco, Coldwell Banker, Malibu West, (310) 589-2464

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