
Malibu, California 90265
Analysis of 23908 De Ville Way B, Malibu, California 90265 is currently available with a list price of $1,950,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1965, the property has undergone an extensive and high-end renovation, presenting as a turnkey luxury residence. The interior features a modern open-concept kitchen with stainless steel appliances, updated flooring, and a primary bathroom equipped with contemporary dual vanities and a freestanding soaking tub. All finishes, fixtures, and systems appear to meet current modern standards with no signs of deferred maintenance.
Elementary School: Webster Elementary School (9/10).
The property is offered fully furnished with high-end pieces and has been meticulously renovated, providing a seamless move-in experience or an immediate high-end rental opportunity.
Ideally situated with direct walking path access to Cross Creek, Malibu Country Mart, and world-class dining like Nobu, offering the ultimate lifestyle convenience.
The monthly HOA fee of over $1,432 represents a significant recurring expense that may impact the property's overall affordability and investment yield.
Despite the modern interior updates, the 1965 construction date suggests that the broader complex may require ongoing maintenance or face limitations compared to newer developments.
Sale price includes existing luxury furnishings. Offering a turnkey Malibu investment opportunity. Discover the epitome of coastal elegance in this beautifully renovated 2-bedroom, 2-bathroom condo in prime central Malibu, offering breathtaking ocean views. Thoughtfully designed with upscale finishes and furnishings throughout, the residence blends modern comfort with effortless coastal living. The main level features an open-concept living room, family room, and modern kitchen with stainless steel appliances, along with an elegant dining area and cozy fireplace. Step out onto the expansive balcony to enjoy sweeping views of the ocean, mountains, and Malibu cityscape. The lower level hosts both the primary and guest bedrooms. The primary suite features a spacious walk-in closet and a luxurious bathroom with dual vanities, a shower, and a freestanding soaking tub. The guest bedroom offers comfort and style, creating an inviting retreat for visitors. This ground-floor unit overlooks central Malibu with direct sight lines to one of the world's most iconic surfing destinations. The community features a heated pool, spa, sauna, showers, and multiple seating areas surrounded by lush landscaped gardens and grassy lawns. A walking and bike path connects directly to Cross Creek/Ranch, Malibu Country Mart, and the Lumberyard. Ideally located near Pepperdine University, Whole Foods, Malibu Pier, Nobu, Soho House, Malibu Canyon, world-class restaurants, hiking, shopping, and Malibu's renowned beaches. Direct views toward one of Malibu's most iconic surf breaks.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-12 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,360 | 1,119 | 75% |
| Lot Size | 117,327 | 122,289.5 | 45% |
| Price | $1.95M | $1.09M | 85% |
| Price per sq ft | $1.4K | $871 | 65% |
| Built year | 1965 | 1973 | 20% |
| HOA | $1432.04 | $1.1K | 80% |
| Days on market | 48 | 223 | 5% |
Mar 5, 2026
$1,950,000
Initial Listing
May 4, 2020
$1,020,000
Public Record
Mar 8, 2013
$820,000
Public Record
Oct 12, 2007
$850,000
Public Record
Sep 15, 2000
$335,000
Public Record