The Famous Malibu Colony Cottage Everyone is captivated by this charming cottage. It is the only Malibu Colony beach front property that is surrounded by flowers and trees providing play areas and privacy. The property has been carefully renovated to honor the original cottage, while giving the conveniences of updated kitchen and baths. For Sale $15,000,000. Also available for lease. Summer $50,000 per month. Call for year round lease price. MLS# 09-377325.