‘Like a War Zone’: Malibu Fire Ravages Multimillion-Dollar Homes

Flames

The wildfires sweeping Southern California in the past week threaten some of the priciest real estate in the country.

December 4, 2018
John Gittelsohn, Anousha Sakoui, & Christopher Palmeri - Bloomberg

Malibu resident Lance Schultz was jolted awake at 2 a.m. Friday with word that he needed to evacuate. With a roaring fire approaching the coastal community, he gathered his girlfriend, dog and 8-month-old son and headed to nearby Zuma Beach.

He returned Sunday to survey the damage. His home was saved after his girlfriend’s 82-year-old father returned to hose down the property he had built years before. But Schultz estimates about one-fifth of the houses in the neighborhood are gone, including a mansion down the block that was on sale for $16 million. Much of the rest of the area is covered in black soot.



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