In a handful of California trailer parks, mobile homes cost seven figures.
In particular, San Clemente, California, is home to 90 mobile homes along the beach that cost between about $1.8 million and $2.5 million.
For these mobile or manufactured homes with a seven-figure price tag, buyers are often paying for the land.
Location is key and that is what these homes have to offer. Plus, these properties are in highly coveted areas of California.
Home prices in Malibu have jumped 4.8% over the past year, hitting a median value of $2.86 million — and will continue to rise this year, according to Zillow.