Astounding Price Tag of Modest Factory-built Home

America On Line (AOL) tells of a $2.5 million factory built home in tony Malibu, California, set on a bluff overlooking the Pacific Ocean and the Santa Monica Bay.  The two-bedroom, two bath, 2,300-square-foot home occupies a homesite that rents for $2,000 a month.  According to realtor David Carter, several other homes in the Paradise Cove community that do not have breathtaking views of the ocean typically sell in the $300,000-600,000 range.  All the residents have access to the famed Malibu Beach private beachfront.  There are traditional homes nearby priced at $45 million and up.

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