18137 Wakecrest Drive, Malibu, California 90265, Malibu, 90265 - 3 bed, 2 bath

18137 Wakecrest Drive, Malibu, California 90265 home-pic-0

18137 Wakecrest Drive

Malibu, California 90265

ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
2Baths
1,910Sq Ft
6,949Lot Size

Property Price

LIST PRICE$2,200,000
EST. MARKET VALUE
$2,083,000
5% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$2,083,000
Based on Realkey algorithm analyzing recent comparable sales in Malibu.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
18137 Wakecrest Drive
Subject
$2,200,000*
List Price
321,910$1,091-
A
18145 Kingsport Drive
Sold
$2,000,000221,910$1,0470.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property is in original 1962 condition and has not undergone any major renovations in over 60 years. While the home appears well-maintained as a 'time capsule,' it features entirely outdated components including shag carpeting, popcorn ceilings, and original kitchen and bathroom fixtures. Per the criteria, it requires substantial rehabilitation and modernization of all major systems and finishes to meet current market standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Webster Elementary School (9/10).

  • Prime Coastal Location

    Situated in the highly desirable Sunset Mesa neighborhood, the property is just blocks from the beach and perched above the coastline, offering a premier Malibu lifestyle.

  • Exceptional Ocean Views

    The home features a large deck and light-filled family room that provide stunning panoramic views of the Santa Monica Bay and twinkling city lights.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Needed

    The property is in original 1962 condition and requires significant updating and modernization, which will necessitate a substantial additional capital investment.

  • Split-Level Layout

    The interior design includes short flights of stairs to access the family room, which may be a drawback for buyers seeking a true single-level living experience.

  • School Commute Distance

    While the assigned schools are highly rated, the elementary and high schools are located approximately 7 and 14 miles away, respectively, which may be inconvenient for families.

About 18137 Wakecrest Drive

A Sunset Mesa Classic With Cool '60s Vibes, Ocean Views & Endless Potential! Step into the spirit of 1962 in this original Sunset Mesa home brimming with mid-century charm, picturesque ocean views, and loads of untapped potential. Just blocks from the beach and perched above the coastline, this three-bedroom, two-bathroom home is ready for its next chapter. Come inside through the garden entry to the main level featuring a kitchen with bar counter seating, an intimate sitting area, a charming dining room, and a classic center hall bedroom and bath layout. The primary suite, dining room and kitchen sitting area all have sliding doors leading to the generous backyard and patio, setting the scene for easy indoor outdoor living. Up six short stairs is the light-filled family room with a swanky built in mirrored bar cabinet and a large deck that steals the show with ocean views of the Santa Monica Bay and the twinkling city lights. While the home needs updating, its layout, location, and original character offer an incredible canvas. The bedrooms provide peaceful retreats, the backyard invites reimagining with plenty of room for al fresco dining, and the architectural lines of the era set the stage for a standout renovation. Set on a quiet, view-rich street, this home is steps from beach days, scenic bluffs, and everything that makes this neighborhood one of the coolest coastal pockets in Los Angeles. A rare chance to restore, reimagine, and bring fresh life to a true 1960s Malibu gem.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1962
Lot Size
6,949 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$125.0 / Month

Neighborhood Insights

Malibu Unified Schools

Webster Elementary School

Grades K-5 • 7.4 mi

9/10

Malibu High School

Grades 6-12 • 14.8 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
44%
Baths2.04.0
18%
Square foot1,9102,917.5
18%
Lot Size6,94917,639.5
20%
Price$2.20M$3.90M
21%
Price per sq ft$1.2K$1.3K
41%
Built year19621977
24%
HOA$125.0$0
70%
Days on market81217
8%

Pricing History

Listed for Sale

Dec 15, 2025

$2,200,000

Initial Listing

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