
Malibu, California 90265
This Fully Reimagined Coastal Sanctuary is a Prime Investment Opportunity listed at $1,199,000—positioned well below the $1,229,000 Fair Market Value by 2%. This valuation gap offers $30,000 in Instant Equity for a residence with a Luxury Condition Rating following a complete down-to-the-studs renovation. Featuring panoramic ocean views, a designer kitchen, and rare air conditioning, the home provides a turnkey lifestyle in the gated Malibu Bay Club near Rancho Campana High (9/10). It is the perfect fit for Owner-Occupants or Luxury Pied-à-Terre Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11862 Starfish Lane Subject | $1,199,000* List Price | 2 | 2 | 995 | $1,235 | - |
A 11958 Oceanaire Lane Active | $1,299,000 List Price | 2 | 2 | 995 | $1,306 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has been extensively renovated 'down to the studs,' featuring a modern designer kitchen with high-end stainless steel appliances, custom cabinetry, and sleek countertops. The bathrooms are fully updated with contemporary tile work and fixtures. The residence includes new engineered wood flooring, recessed lighting, and the rare addition of a new air conditioning system, meeting all criteria for a recently fully renovated, move-in ready luxury home.
High School: Rancho Campana High (9/10).
The unit has been meticulously renovated down to the studs with high-end finishes, a designer kitchen, and the rare addition of air conditioning, offering a turnkey luxury experience.
Situated in the gated Malibu Bay Club, the property features floor-to-ceiling glass doors and a private terrace providing uninterrupted, front-row ocean views and direct beach access.
At just under 1,000 square feet, the living space is relatively compact for a two-bedroom residence, which may limit appeal for those seeking more spacious accommodations.
Located on the far western edge of Malibu, the property requires a significant commute to central Malibu hubs and Los Angeles, potentially impacting daily convenience.
A front-row seat to the Pacific, this fully reimagined ocean-view condo captures Malibu living at its most effortless. Renovated down to the studs, the 2-bedroom, 2-bath residence blends clean, thoughtful design with the natural beauty just beyond its walls. The open-concept layout flows seamlessly to floor-to-ceiling glass doors, drawing in natural light and uninterrupted ocean views, and blurring the line between indoors and out. The designer kitchen, complete with custom cabinetry, sleek countertops, stainless steel appliances, and a built-in island, is both functional and inviting, perfect for slow mornings or effortless entertaining. Step outside onto your private ocean-view terrace, where golden sunsets, salty breezes, and the sound of waves become part of your daily ritual. The ocean-facing primary suite offers the same stunning views and direct access to the terrace, while the secondary bedroom captures the peaceful beauty of the surrounding mountains. Every detail has been carefully considered, with engineered wood flooring, clean-lined lighting, refined finishes, and the rare addition of air conditioning to bring year-round comfort to this coastal setting. An attached carport with private laundry, additional storage, and two parking spaces (plus a third nearby) adds both ease and practicality. Set within the gated Malibu Bay Club, residents enjoy direct beach access, a pool and spa, and a sense of privacy that feels worlds away, while being just minutes from the Trancas Country Market, Point Dume, and an easy 22 minutes from Pepperdine, Cross Creek, and more. Whether you're looking for a full-time residence, a weekend escape, or a long-term coastal investment, this is a place to unwind, recharge, and experience Malibu in its most effortless, authentic form.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 995 | 1,050 | 35% |
| Lot Size | 1,742 | 122,289.5 | 15% |
| Price | $1.20M | $1.09M | 55% |
| Price per sq ft | $1.2K | $871 | 60% |
| Built year | 1974 | 1973 | 55% |
| HOA | $525.0 | $1.0K | 10% |
| Days on market | 30 | 223 | 5% |
Mar 23, 2026
$1,199,000
Initial Listing
May 29, 2020
$600,000
Public Record
Jul 23, 1998
$230,000
Public Record