Location, location, location: Malibu mobile home on the market for $3.75M

Properties in the Malibu, California, mobile home park Paradise Cove — including a trailer that Matthew McConaughey used to call home — “routinely sell” for more than $1 million. A four-bedroom manufactured home in Paradise Park is now on the market for $3.75 million, the Wall Street Journal reports.

While you won’t see many $1 million mobile homes outside of Malibu, high-end manufactured homes are in growing demand around the country — they’re especially popular among downsizing retirees. Source: online.wsj.com.