
Malibu, California 90265
This Stunning Malibu Residence is a Strong Value Opportunity, listed at $4,950,000—positioned well below the $5,042,253 Fair Market Value by 1%. This valuation gap offers $92,253 in Instant Equity for the discerning buyer. Featuring an updated kitchen, panoramic ocean views, and a separate studio, the property maintains a Condition Rating of 3. With exclusive La Costa Beach and Tennis Club membership, this home is an ideal sanctuary for Luxury Homeowners or Coastal Investors seeking a turnkey, high-lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21625 Pacific Coast Highway Subject | $4,950,000* List Price | 3 | 3 | 3,077 | $1,639 | - |
A 21826 Castlewood Drive Active | $4,950,000 List Price | 4 | 5 | 3,337 | $1,483 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1981, the property is well-maintained and move-in ready. The listing notes an updated kitchen and primary bathroom, and the images show clean hardwood flooring and functional living spaces, suggesting a renovation within the 5-15 year range.
The property boasts iconic 'Queen's Necklace' city light and ocean views, situated in the heart of Malibu near world-class dining like Nobu and Soho House.
Includes coveted membership rights to the La Costa Beach and Tennis Club, providing private beach access and recreational facilities that significantly enhance the lifestyle value.
The 3,077 sqft layout features a separate studio with a private entrance and multi-level living spaces, offering excellent flexibility for a home office, gym, or guest quarters.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3077, other record living area = 2825.
The home's arrangement across multiple levels may pose a challenge for buyers seeking single-story living or those with mobility limitations.
Originally built in 1981, the property's proximity to the ocean may necessitate frequent and costly maintenance to mitigate the effects of salt air and coastal weathering.
Welcome to this enchanting Malibu residence, where bright sun filled interiors, sweeping ocean views and sparkling Queen's Necklace city lights create a warm and inviting ambiance. The expansive three bedroom, two and a half bath home also includes a separate studio with a private entrance ideal for an office, gym or guest space. Thoughtfully arranged across multiple levels, the home offers distinct areas for relaxation, recreation and privacy. The lower level features two generously sized bedrooms and a sunlit bathroom in their own private wing. One level above, the primary suite enjoys beautiful ocean views, a private terrace and a beautiful tiled bathroom. The upper levels showcase the heart of the home with soaring ceilings and open living spaces, including an ocean view family and entertainment room, an updated kitchen, cozy breakfast nook, sophisticated dining room and a second living area complete with a built-in bar and expansive balcony. Step outside to a secluded oasis featuring lush gardens, multiple al fresco dining areas creating an idyllic setting for entertaining or unwinding amid the coastal surroundings. Ideally situated in the heart of Malibu, with coveted membership rights to the La Costa Beach and Tennis Club, the home is moments from Nobu, Soho House and Duke's, offering an exceptional opportunity to experience the best of Malibu living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.3 |
| Baths | 3.0 | 3.7 |
| Square foot | 3,077 | 2,959.4 |
| Lot Size | 7,585 | 37,912.886 |
| Price | $4.95M | $4.17M |
| Price per sq ft | $1.6K | $1.3K |
| Built year | 1981 | 1977 |
| HOA | $1000.0 | $1.3K |
| Days on market | 8 | 102 |
Sep 1, 2026
$4,950,000
Initial Listing
May 24, 2024
$3,037,500
Public Record
Nov 21, 2003
$1,350,000
Public Record
Aug 17, 1999
$875,000
Public Record