Buy Burnt Beach Lots: Malibu’s New Fireproof Investment!
Photo by Derek Liang on Unsplash
Malibu’s beachfront properties took a fiery makeover, with oceanfront lots now selling for millions despite the ashes. As realtor Josh Flagg puts it, 'They’re not making any more beachfront properties.' Sure, home insurance is a headache and the risk literally smokes everyone out, but hey, 'the lifestyle and outdoor living in the area outweigh the risks.' At least now buyers have the ‘exciting’ chance to build from scratch on charred paradise—in all its smoky, insured-optional glory!
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(1 of 3)Source: Businessinsider | Published: 8/3/2025 | Author: Lauren Edmonds
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