“Malibu” by Miley Cyrus could be an anthem for Hunter Biden and Melissa Cohen’s lifestyle. The Delaware native has made the switch from East Coast living over to the glitzy West Coast. As TMZ reports, in 2021, Hunter began renting out a home in Malibu. However, not just any home, but one worth $3.34 million! The four-bedroom and 2.5-bathroom household has 3,000 square footage of living space and is perched near the beach. If you’re wondering what the rent on a home like that is, well, it’s jaw-dropping $20,000 per month. This hasn’t been the only home the businessman has rented in the beachside neighborhood.
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According to the Daily Mail, Biden and Cohen have moved four times in four years, all in Malibu. His latest home is a bit smaller than the one that he was renting in 2021 but still holds a hefty price. With three bedrooms, three bathrooms, and 2500 square footage, the home is worth $4 million. But Hunter isn’t a Malibu homeowner; he rents the place for nearly $16,000 per month. Some perks of the businessman’s new place include the hilltop view of the Pacific Ocean, a fabulous kitchen, and a guest studio perfect for the secret service. Clearly, Hunter is all about a beachside property and one with a big price tag at that.