For those looking for a unique oceanfront opportunity at what seems like a reasonable price, check out this house at Moonlight Beach. The Scripps family owned it until 1994, when they sold it for $850,000. This owner paid $3,750,000 cash in 2009:
It has been listed for two weeks, and has already had two offers! Maybe we can take a collection and call it the bubbleinfo beach house?
Gee whiz, based on inflation $850k in 1994 is worth a whopping $1.34 in 2013. Pretty nice investment!
$5 Million and no pool? Come on!