20616 Pacific Coast Highway, Malibu, California 90265, Malibu, 90265 - 3 bed, 3 bath

20616 Pacific Coast Highway, Malibu, California 90265 home-pic-0
ACTIVE$675,000
20616 Pacific Coast Highway, Malibu, California 90265
3Beds
3Baths
1,764Sqft
1,733Lot
Year Built
1963
Close
-
List price
$675K
Original List price
$725K
Price/Sqft
$383
HOA
-
Days on market
-
Sold On
-
MLS number
23321161
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
Patio
ViewOcean

About this home

We found 3 Cons,5 Pros. Rank: price - $675.0K(1th), sqft - 1764(17th), beds - 3(38th), baths - 3(46th).

New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Named for the beach just steps away, Las Flores is a perfect oceanfront hideaway, with stunning views of the sparkling Pacific, islands and Queen's Necklace. This two-story contemporary has decks on both levels and private steps leading to the shore. Inside, the open concept layout is all about endless vistas, relaxation and entertaining. The first floor has floor-to-ceiling, wall-to-wall glass sliders plus a picture window, framing views to enjoy the living and dining area as well as the gourmet kitchen. The doors open to a covered balcony perfect for al fresco dining. The kitchen features Caesarstone countertops, high-end stainless steel appliances, a beverage fridge and bar seating. Behind the kitchen is a handy laundry area and a full bathroom is nearby. One of two staircases leads directly to the primary suite, which features a fireplace, a beachfront balcony and a spa-style en suite bathroom with a soaking tub, tiled shower and dual-sink vanity. The other stairway goes to a landing with doors to a private patio. Also on this level are a guest bedroom and bathroom, and a family room/office which is also accessible from the primary suite. This getaway is midway between Malibu and Santa Monica, and close to Duke's Malibu, Nobu and shopping. The home, which has a two-car garage with a second refrigerator, comes fully furnished and professionally decorate

Price History

Date
Event
Price
08/26/25
Price Change
$675,000
10/13/23
Listing
$725,000
07/07/22
Sold
$4,000,000
06/07/10
Sold
$1,790,000
Condition Rating
Excellent

Despite being built in 1963, the property has clearly undergone an extensive, high-quality renovation, likely within the last 5 years, as indicated by the 'new co-ownership opportunity' and 'turnkey' description. The kitchen features modern white cabinetry, Caesarstone countertops, and high-end stainless steel appliances including a beverage fridge. Bathrooms are spa-style with contemporary tiling (herringbone pattern in shower), soaking tubs, dual-sink vanities, and modern black fixtures. Flooring is consistent wood-look throughout, and lighting is recessed with stylish pendants. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Oceanfront Location & Views: The property boasts an unparalleled oceanfront location with private steps leading directly to the shore, offering stunning panoramic views of the Pacific, islands, and Queen's Necklace from multiple vantage points.
Turnkey & Professionally Managed: Offered as a fully furnished and professionally decorated home, managed by Pacaso, providing a hassle-free, luxury ownership experience.
Modern Interior & High-End Finishes: Features an open-concept layout, a gourmet kitchen with Caesarstone countertops and high-end stainless steel appliances, and a spa-style primary en suite bathroom, reflecting contemporary luxury.
Exceptional Outdoor Living Spaces: Includes decks on both levels, a covered balcony for al fresco dining, and a private beachfront balcony off the primary suite, maximizing enjoyment of the coastal environment.
Strategic Coastal Proximity: Conveniently situated midway between Malibu and Santa Monica, providing easy access to renowned local dining establishments like Duke's Malibu and Nobu, as well as shopping.

Cons

Fractional Ownership Model: The property is offered as a one-eighth co-ownership opportunity, which significantly narrows the potential buyer pool compared to traditional full ownership properties.
Limited Lot Size: With a lot size of only 1,733 sqft, the property offers minimal outdoor space beyond the decks, which is considerably smaller than typical luxury Malibu estates and may impact privacy.
Original Build Year (1963): Despite modern updates, the home's original construction year of 1963 could imply potential for underlying infrastructure or structural considerations typical of older properties, even if not immediately apparent.

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