From New York Post · · 1m 20s
Killer Tides Hit Malibu Colony
Malibu’s celebrity homes stall sales as king tides threaten coastal properties.
In brief
Malibu’s celebrity homes stall sales as king tides threaten coastal properties. Malibu Colony’s luxury homes face stalled sales and potential flooding after Tropical Storm Rachel’s high tides. Originally reported by New York Post.
Tropical Storm Rachel’s Impact
Tropical Storm Rachel’s waves and unusually high tides ripped decks and beach stairs from homes in Malibu’s guard-gated Colony, flooding some houses with seawater.
Sales Stalled Amid Threats
Sales in the celebrity enclave have stalled as buyers hold off, with three more king tides expected before year’s end and a Christmas full moon that could push tides above 7 feet.
Resident Reaction
‘It’s so depressing, first you have to drive through where the wildfires were and now this.Anybody who comes here for Thanksgiving is crazy.
“It’s so depressing, first you have to drive through where the wildfires were and now this. Anybody who comes here for Thanksgiving is crazy. You’d only be able to cook half a turkey before the electricity is turned off [due to high winds]”
Spike Jonze’s Home Listing
Spike Jonze is asking $22 million for the five-bedroom Cape Cod-style home he bought for $18 million in 2023.
Flea’s Price Reduction
Flea has cut the price on his four-bedroom home from $8.495 million to $7.995 million.
Future Tidal Threats
The next high tides are expected in late October and November, with a full moon around Christmas pushing tides to between 6 feet 7 inches and 7 feet 2 inches.
Resident Warning
‘[This period] will bring a lot of damage with it as there is not a lot of time to put in protective measures.
“If this happens in Malibu and no one has been red-tagged, then tragedy is coming”
The essence
Malibu Colony’s luxury homes face stalled sales and potential flooding after Tropical Storm Rachel’s high tides.
