• Average listing price in area: $2.15 million
• This home : $2.3 million
• Description: 4 beds, 2.5 baths, 2,100 square feet

Buyers pay a big premium to live among Malibu's rich and famous.

A typical four-bedroom sells for $2.15 million, making it the most expensive market on Coldwell Banker's list. Houses right on the beach are even more expensive, going for an average of $4 million or more.

In this house, located a few hundred feet from the water, the traditional exterior design disguises a strikingly modern interior featuring vaulted ceilings, walls of windows and an open floor plan.

For more information: Trulia

NEXT: Los Gatos, Calif.