Malibu's connection with Hollywood celebrities

Malibu, the beach city in Southern California has an interesting association with Hollywood stars. It is a place that many actors call home. There are many stars- home tours on offer, reports Malibu Times.

The stars have lived in Malibu since the 1930's. "There has always been a fascination with Malibu. It represents the ultimate California beach celebrity lifestyle," said Philip Ferentinos, director, StarLine Tours Company.

Ozzy Osbourne, Ryan O'Neal, Robert Redford, Whoopi Goldberg and David Spade all have beachfront homes there. Tourists have spotted Angelina Jolie at Malibu many a times, reports Malibu Times.

There are some other A-list stars who own homes in Malibu like Charlize Theron, Janet Jackson, Leonardo DiCaprio, Demi Moore, Courtney Cox, Bruce Willis and the list goes on. However, Charlize Theron, in 2011, listed her beautiful beach house for $7.5 million which she had bought for $3,495,000 in 2003.

Leonardo's Malibu house is on sale with a price tag of $23 million! Earlier, the star had listed the place for rent at $75,000 a month. The house has four bedrooms and faces the ocean. It has a guest house and an additional two bedrooms. The Titanic star owns another house in Malibu.

In 2011, Angelina Jolie and Brad Pitt listed one of their Malibu houses for $13.7 million. The 4,100 square foot mansion has private access to beach. It has a tennis court, a pool and a grand garden.

Malibu, till late 1930's was an exclusive property of the Rindges family. The family faced a financial crisis and was forced to invite celebrities to build vacation homes. So this is how it started and now Malibu is a great place for celebrity real estate investment. It is an exclusive colony for the rich and famous or "colonyites" as they like to call themselves.

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