21607 Rambla Vista Drive, Malibu, California 90265, Malibu, 90265 - 5 bed, 6 bath
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Malibu, California 90265
This Turnkey Coastal Estate is a Strong Value Opportunity, listed at $9,895,000—positioned well below the $10,737,787 Fair Market Value by 7%. This valuation gap offers $842,787 in Instant Equity. Featuring a Mint Condition Rating following a high-end renovation, the property boasts panoramic ocean views, a cascading rock pool, and exclusive La Costa Beach and Tennis Club membership. This rare 1.8-acre sanctuary is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a premier Malibu lifestyle.
Property is new construction or fully renovated.
While originally built in 1956, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen features modern custom cabinetry, premium stainless steel appliances, and a large skylight. The interior boasts updated light wood flooring, recessed lighting, and contemporary folding glass doors, indicating that all major systems and finishes are in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 81365, living area = 5965.
The property boasts staggering, unobstructed ocean views spanning from the Queen's Necklace and Santa Monica Bay to the Malibu Pier and Catalina Island, representing some of the most prestigious vistas in Malibu.
Situated on a rare 1.8-acre lot with significant flat usable land, the estate features a massive circular motor court and sprawling lawns, offering a level of privacy and outdoor utility seldom found in hillside coastal properties.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5965, other record living area = 3635. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1956, the primary residence may require substantial modernization or structural updates to align with contemporary luxury standards and the nearly $10 million price point.
With a $1,100 monthly association fee and the extensive maintenance required for 1.8 acres of landscaped grounds and a cascading rock pool, the ongoing cost of ownership is significant.
Explosive, staggering, sweeping ocean views stretching across the coastline from Palos Verdes, Queen's Necklace, Santa Monica Bay, Catalina Island, Pt. Dume, and the iconic illuminated Malibu Pier. Single story ranch with white stucco walls and terracotta tiled roof. Close in Malibu between Carbon canyon and Las Flores canyon. Long private driveway leads to a massive circular motor court with parking for dozens of cars. Huge flat lot with lawns, patios, decks, cascading rock pool/ spa, office/ observatory loft. Charming detached casita. 1.8 acres of pure perfection. Includes membership to the La Costa Beach and Tennis Club. Easy to show with a moments notice. This is the house you have been waiting for!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 63% |
| Baths | 6.0 | 4.0 | 77% |
| Square foot | 5,965 | 3,063.5 | 86% |
| Lot Size | 81,365 | 25,853.5 | 79% |
| Price | $9.89M | $4.42M | 79% |
| Price per sq ft | $1.7K | $1.3K | 64% |
| Built year | 1956 | 1979 | 16% |
| HOA | $1100.0 | $0 | 91% |
| Days on market | 5 | 207 | 1% |
Jun 1, 2026
$9,895,000
Initial Listing
Jun 24, 2014
$4,735,000
Public Record