Who is quietly buying — and renting — in Malibu right now, and what that says about the market

On a quiet bluff in Point Dume, a black SUV idles outside a four-bedroom house. The new owner? Former Vice President Kamala Harris. A little away, Google co-founder Sergey Brin has been assembling a coastal compound over time. And down the coast, Jeff Bezos has been renting one of Malibu’s best-known homes for about $600,000 a month. Welcome to Malibu in 2026.

After years of selling on the California coast, I’ve learned one thing about the ultra-wealthy: they move quietly, they move decisively, and they are almost always early.

When the smartest money in the world starts concentrating in one place, it’s worth paying attention. Right now, that place is Malibu.

The former Vice President chooses Point Dume

In December 2025, former Vice President Kamala Harris and her husband Doug Emhoff purchased a Point Dume home for about $8.15 million. The property sits on an elevated bluff with sweeping ocean views, privacy, and the kind of understated prestige that makes Malibu so compelling.

That choice says a lot about the current market. Buyers at this level are not only looking for scale or status. They want discretion, calm, and a setting that feels removed from everything while still being close to it all.

Sergey Brin builds quietly

Google co-founder Sergey Brin has also been building in Malibu for years, gradually shaping a private coastal retreat on Point Dume. It’s the kind of long-view buying that tells you more about a market than any headline ever could.

At this level of wealth, ownership is about more than square footage. It’s about privacy, access, and the ability to create a place that works exactly the way you want it to. In Malibu, that often means buying patiently and assembling the right mix of land, views, and seclusion over time.

Jeff Bezos and the rental market

One of the clearest signs of Malibu’s strength is the rental market. Jeff Bezos and Lauren Sánchez reportedly rented Kenny G’s Malibu home for about $600,000 a month, showing just how much demand there is for top-tier coastal properties, even on a temporary basis.

That matters because the luxury rental market often moves in tandem with the sales market. When buyers at the very top want flexibility, privacy, or a short-term landing place, they are willing to pay extraordinary prices for it.

Laurene Powell Jobs and the long game

Laurene Powell Jobs has also made a major statement in Malibu, purchasing another oceanfront property in Paradise Cove for about $94 million. Over time, she has assembled multiple adjacent parcels in the area, creating a larger private footprint along one of Malibu’s most coveted stretches of coastline.

That approach is a useful reminder: the smartest luxury buyers are often not chasing a single house. They are building a lifestyle, a buffer, and a legacy asset in one move.

What the market is saying

Taken together, these purchases and rentals point to the same conclusion: Malibu is being rediscovered not as a status symbol alone, but as a sanctuary.

For buyers at the top of the market, the appeal is not flash. It’s privacy, ocean air, space, and the ability to live in a place that still feels rare. In a world that moves faster every year, Malibu offers something increasingly valuable: room to breathe.

After decades on this coast, I know which homes hold value, which streets matter, and which addresses quietly become generational.

And I know this: when the right buyer appears, Malibu still speaks for itself.

Thinking about Malibu?

Whether you are buying, selling, or simply curious about where the smart money is moving, let’s have a quiet conversation. No pressure. No pitch. Just clarity.

Clara Yang · Sotheby’s International Realty · (310) 259-1525 · clarayang.com

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