SOLD: $1.4 Million Dollar Trailer House

Trailer for Sale or Rent...I'm King of the Road

Wanna be a Colonyite (For those of us not in "the know" that's what the star residents of Malibu, CA call themselves) or at least live in a trailer park in the same zipcode? Wanna shock and awe your friends by pointing to the tile rooftops of your neighbors and dropping names like Brad Pitt, Barbara Streisand, Tom Hanks, Sting, Whoopie Goldberg, Mel Brooks, Tatum O'Neil? Then, just hook your trailer hitch to the stars and move your mobile home to Malibu. Mobile homes and Malibu. Finally, something new in Hollywood.

Does the trailer skirt stay? Two bedroom singlewide trailer For Sale. Sorry, you don't own the land, but you can rent it from the trailer park, Point Dume Club, for $2700 per month. Blue Ribbon ammenities include 2 indoor bathrooms with fiberglass tub/shower combo; vinyl floors; fiberboard cabinets; trailer hitch and all the sawdust and glue you would expect in a trailer of this quality. Asking price $1.4 million dollars. Better Hurry! Won't last long at this price.

I imagine Chairman Greenspan wishes he would have said the real F*** word last week instead of froth. This news should be enough reason for everyone to agree that interest rates should be raised back to 13% for 30 year fixed rate mortgages.

Of course to be fair, you get a lot more than a singlewide on a rented lot with this deal. You don't live in a trailer, you live in a mobile villa. Your mobile villa park has a shared tennis court and a security gate, though breaking and entering into a mobile home is not a crime problem we usually hear about. You also have a tip toe view of the ocean from the front stoop. There are no views from the windows because... Hello, it's a trailer.

The elated seller is Charley Chartoff, a 29 year old real estate agent working for Coldwell Banker. Now, this guy is a true saleman. I am nomiating Charley for the Rising Star in real estate award for 2005. If anyone can top this guy's salesmanship, I want to see the trailer they sold. Way to go Charley!! Man, if I ever meet you, remind me to leave my checkbook at home.

As for the buyer, we don't blame you for remaining anonymous. Every salesman in the world must be googling for you as I write this. I don't know if this means there is froth in California, but it sure indicates a few bubbles.