For many people, trailer parks offer an affordable and simple way to own a home. Yet in Malibu, there’s one community where only the wealthy can afford that simplicity. Paradise Cove is famous for attracting celebrities who live in mobile homes, including Matthew McConaughey and Pamela Anderson. The New York Times once called it “America’s most glamorous trailer park.” Paradise Cove began in the 1950s when fishermen parked their trailers near the beach. By the 1970s, it had grown into a community of 265 homes. Over time, the modest vibe remained, but prices soared as Malibu’s property market exploded. The park has even appeared in popular shows like Baywatch and The X-Files, which further added to its fame. The homes in Paradise Cove average between 400 and 1,000 square feet, yet buyers...









