Reported about 12 hours ago
The Point Dume Club in Malibu, California, has made headlines after reportedly being sold for $200 million, marking the largest mobile home acquisition in history. Far from the typical stereotype of trailer parks, this luxury community boasts stunning ocean views, extensive amenities, and renovated homes, with average property prices in the area reaching around $2 million. The new owner, Hometown America Communities, aims to maintain the property's current operations while navigating potential future developments under local regulations.
Source: YAHOO