Three-bedroom home sells in Central Malibu

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Cynthia C. Ellis sold a three-bedroom, two-bath home at 31369 Pacific Coast Highway, in Malibu, to Patrick and Susan Murphree for $1,750,000 on Oct. 31. The home has 1,646 square-feet of living space.

Built in 1948, the home is located in the Central Malibu neighborhood of Malibu. Seventeen similar homes in this neighborhood sold for between $1,485,000 and $3,145,000 during the past year.

According to BlockShopper, there have been 282 home sales in Malibu during the past 12 months with a median sale price of $2,224,000.

Address: 31369 Pacific Coast Highway
Buyer(s): Patrick and Susan Murphree
Seller(s): Cynthia C. Ellis
Sale date: Oct. 31, 2014

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