11958 Oceanaire Lane, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath

11958 Oceanaire Lane, Malibu, California 90265 home-pic-0
ACTIVE$1,199,999
11958 Oceanaire Lane, Malibu, California 90265
2Beds
2Baths
995Sqft
1,306Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: High School: Rancho Campana High (9/10).
Top Cons:
High Monthly Association Fee: The property carries a substantial monthly association fee of $869, which significantly adds to the overall cost of ownership.

Compared to the nearby listings

Price:$1.20M vs avg $1.07M (+$124,999)57%
Size:995 sqft vs avg 1,056 sqft43%
Price/sqft:$1.2K vs avg $96974%

More Insights

Built in 1975 (50 years old).
Condition: Despite being built in 1975, this property has undergone an extensive, high-quality renovation. The kitchen features top-of-the-line Viking stainless steel appliances, sleek quartz countertops, a stylish breakfast bar, and modern white cabinetry, all appearing virtually new. The bathroom also showcases contemporary fixtures, a modern vanity, and stylish tiling. The consistent dark large-format tile flooring throughout the main living areas and bedroom contributes to a cohesive, modern aesthetic. The overall condition reflects a recent, comprehensive update meeting current quality standards with no visible deferred maintenance.
Year Built
1975
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$1,206
HOA
$869
Days on market
-
Sold On
-
MLS number
25601571
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
ViewOcean

About this home

Stunning Oceanfront Living at Malibu Bay Club! Live the dream in this prime-view 2 bed, 2 bath beach condo located in one of Malibu's most exclusive gated communities. With an open-concept layout, the spacious living room and kitchen flow seamlessly together, all set against a backdrop of jaw-dropping ocean views that stretch endlessly from nearly every room, including the primary suite. The designer kitchen dazzles with top-of-the-line Viking stainless steel appliances, sleek quartz countertops, a stylish breakfast bar, and abundant custom storage. Imagine sipping your morning coffee while watching the waves roll in. Additional features include two-car tandem covered parking, a private laundry closet, and direct access to all the amenities of the Malibu Bay Club, including a sparkling pool, relaxing spa, and two sports courts, for an active coastal lifestyle. Perfectly located just minutes from Pepperdine University, County Line Beach, and Leo Carrillo State Park, this beachside gem is your ideal full-time residence, weekend escape, or chic pied-a-terre. Secure. Secluded. Serene. Malibu coastal living at its best.

Nearby schools

9/10
Rancho Campana High
Public,9-1214.1mi
4/10
Channel Islands High School
Public,9-1214.6mi

Price History

Date
Event
Price
09/02/21
Sold
$900,000
02/06/18
Sold
$785,000
06/25/13
Sold
$700,000
02/28/07
Sold
$772,000
04/19/02
Sold
$325,000
Condition Rating
Excellent

Despite being built in 1975, this property has undergone an extensive, high-quality renovation. The kitchen features top-of-the-line Viking stainless steel appliances, sleek quartz countertops, a stylish breakfast bar, and modern white cabinetry, all appearing virtually new. The bathroom also showcases contemporary fixtures, a modern vanity, and stylish tiling. The consistent dark large-format tile flooring throughout the main living areas and bedroom contributes to a cohesive, modern aesthetic. The overall condition reflects a recent, comprehensive update meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Rancho Campana High (9/10).
Unparalleled Oceanfront Views: Offers stunning, jaw-dropping ocean views from nearly every room, including the primary suite, providing a prime Malibu coastal living experience.
Exclusive Gated Community & Amenities: Located within the Malibu Bay Club, an exclusive gated community featuring a sparkling pool, relaxing spa, and two sports courts, ensuring security and a resort-like lifestyle.
Designer Kitchen with High-End Upgrades: Features a designer kitchen equipped with top-of-the-line Viking stainless steel appliances, sleek quartz countertops, a stylish breakfast bar, and abundant custom storage.
Prime Malibu Location & Accessibility: Strategically located just minutes from Pepperdine University, County Line Beach, and Leo Carillo State Park, offering convenient access to key Malibu attractions.
Versatile Property Use: Ideal for various buyer needs, serving as a full-time residence, a luxurious weekend escape, or a chic pied-a-terre in a highly desirable area.

Cons

High Monthly Association Fee: The property carries a substantial monthly association fee of $869, which significantly adds to the overall cost of ownership.
Limited Square Footage: With 995 square feet, the living space is relatively compact for its price point, which may be a consideration for buyers seeking more expansive accommodations.
Condominium Ownership Constraints: As a condominium, ownership entails shared walls, potential noise from neighbors, and adherence to HOA rules and regulations, which can limit personal freedoms compared to a detached home.

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