
Malibu, California 90265
This High-Potential Investment Opportunity is listed at $1,219,000, positioned well below the $1,267,423 Fair Market Value by 3%. This valuation gap offers $48,423 in Instant Equity. Featuring unobstructed ocean views, a private deck, and gated community amenities like a pool and spa, the property maintains a Condition Rating of 4. While the interior requires modernization, the location near top-rated schools like Rancho Campana High ensures long-term appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11854 Coral Reef Lane Subject | $1,219,000* List Price | 2 | 2 | 1,044 | $1,214 | - |
A 11942 Whitewater Lane Active | $1,545,000 List Price | 2 | 2 | 1,075 | $1,437 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old residence is functional but dated. While the listing describes it as 'comfortable as-is,' the kitchen and interior finishes appear to be over 20 years old, requiring cosmetic updates and modernization to meet current market standards.
High School: Rancho Campana High (9/10).
Positioned on the top floor, the residence offers breathtaking, panoramic views of the Pacific Ocean and sunsets, providing a premium coastal living experience.
Located within the Malibu Bay Club, residents enjoy secure gated access, private beach entry, a pool, and a spa, enhancing both privacy and lifestyle.
Built in 1974 and described as 'comfortable as-is,' the unit likely requires cosmetic or functional updates to meet contemporary luxury standards.
The 1.5-bath layout for a two-bedroom residence may be a drawback for buyers seeking a full second bathroom for guests or co-habitants.
Perched on the top floor with sweeping views of the Pacific Ocean, this 2-bedroom, 1.5-bath residence offers a rare opportunity to enjoy Malibu's coastal lifestyle at an exceptional value. The true centerpiece of the home is its unobstructed ocean view, where sparkling blue water, dramatic sunsets, and the soothing sound of waves create a spectacular backdrop for everyday living. The light-filled floor plan opens to a private ocean-view deck, inviting seamless indoor-outdoor living and providing the perfect setting for morning coffee, evening sunsets, or simply watching the coastline unfold before you. Comfortable as-is and ready for a new owner's personal vision, the residence offers the flexibility to enjoy immediately or thoughtfully update over time. Additional conveniences include in-unit private laundry, extra storage, and two dedicated parking spaces. Located within the gated oceanfront community of Malibu Bay Club, residents enjoy private beach access, a pool, spa, and a relaxed coastal atmosphere surrounded by some of Malibu's most scenic beaches. Just minutes from Trancas Country Market, Point Dume, Zuma Beach, and approximately 22 minutes from Pepperdine University and Cross Creek, the location offers both convenience and escape. Whether you're seeking a full-time residence, weekend retreat, or investment opportunity, this top-floor ocean-view home is all about the view, the setting, and the Malibu lifestyle that comes with it.
No exterior & parking available.
Grades 9-12 • 14.0 mi
Grades 9-12 • 14.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,044 | 1,137.5 |
| Lot Size | 1,742 | 39,611 |
| Price | $1.22M | $1.45M |
| Price per sq ft | $1.2K | $1.3K |
| Built year | 1974 | 1975 |
| HOA | $525.0 | $1.1K |
| Days on market | 15 | 82 |
Jul 7, 2026
$1,219,000
Initial Listing
Dec 5, 2001
$327,500
Public Record
Feb 4, 1999
$262,500
Public Record