Malibu House Deal: Buy One, Get a Ferrari F40

Of the hundreds of homes for sale in Malibu, Calif., only one comes with a fast-moving incentive -- 200-miles-per-hour fast, in fact.

From now until June 30, owners of a $4.5 million, five-bedroom, five-bath 5,834-square-foot house will sweeten a sale with a sleek Ferrari F40. Reportedly one of the auto world's fastest street-legal cars, the Ferrari is a gift -- whether a buyer wants it or not. The Malibu manse is the same price with or without the eyecatching roadster.

It would be hard to turn down the extremely collectible car, which has rarely left the garage (Jay Leno owns a simiiar model). Showing less than 800 miles on the odometer, the homeowners previously listed the car on the Dupont Registry for $750,000. Now it's part of an only-in-Malibu real estate package.

In addition to being across the street from the beach, and a $49 million home that is also for sale, the neighborhood comes with famous residents like Brad and Angelina, Brad Garrett and Whoopi Goldberg.

But is the house as remarkable as the car?
Located directly off Pacific Coast Highway, the house overlooks the ocean. Within walking distance and down a steep staircase is access to a public beach that feels super-private.

Built in 2001, the modern-Mediterranean-style Malibu mansion has a pool and spa, Swarovski Crystal chandeliers, steam shower, hardwood floors and of course, a two-car garage with room for Ferrari. There's a fireplace in the master bedroom, a sunken Jacuzzi tub en suite and marble statuary, including the lions keeping watch at the front gate and overlooking the pool and spa.

To date, no buyer has closed on the house. But put a snazzy red Ferrari in the picture, and your home for sale will get some incredible media mileage. It's been featured in the New York Times, which calls it an incentive with "curb appeal," and on numerous car sites and forums. Take the video tour of the home with real estate agent Vahe Hagopian and Fox News.

But not surprisingly, in these competitive real estate times Hagopian is not the only one offering a free car in the deal: A builder in France offers a Tesla roadster with purchase and at the WAV development in Ventura, Calif., the purchase of an eco-smart condominium comes with a hybrid car.

Find more homes for sale in Malibu on AOL Real Estate.
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