
Malibu, California 90265
This Rare Corner Penthouse is a Strong Value Opportunity, listed at $1,950,000—positioned well below the $2,103,702 Fair Market Value by 7%. This valuation gap provides $153,702 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition, the residence features panoramic ocean views, custom cherry cabinetry, and maple flooring. Located within the top-rated Webster Elementary district, it offers a premium coastal lifestyle with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors targeting high-demand Malibu assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23914 De Ville Way D Subject | $1,950,000* List Price | 2 | 3 | 1,746 | $1,205 | - |
A 23908 De Ville Way B Active | $1,950,000 List Price | 2 | 2 | 1,360 | $1,434 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1965, the property has undergone a high-quality renovation. The kitchen features custom cherry cabinetry and stainless steel appliances, and the bathrooms have been fully updated. The interior finishes and overall maintenance suggest a renovation within the 5-15 year range, making it move-in ready.
Elementary School: Webster Elementary School (9/10).
As a rare corner penthouse, this residence offers sweeping, unobstructed ocean views and captures both sunrises and moonrises, providing a premium visual experience that is highly sought after in Malibu.
The home features sophisticated upgrades including maple and travertine flooring, custom cherry wood cabinetry, premium stone countertops, and fully renovated spa-like bathrooms with designer finishes.
The monthly association fee of $1,261.55 is significant and may be a deterrent for buyers sensitive to high recurring non-mortgage expenses.
Built in 1965, the complex may lack the modern amenities, energy efficiency, or structural features found in newer luxury developments, despite the unit's internal remodeling.
Experience elevated coastal living in one of the most distinguished residences within the coveted Maison De Ville complex. This rare corner penthouse showcases sweeping, unobstructed ocean views and captures both breathtaking sunrises and moonrises offering a visual spectacle from dawn to dusk. Thoughtfully and tastefully remodeled, the home exudes sophistication and quality craftsmanship throughout. Rich maple and travertine flooring flow seamlessly through the space, while the gourmet kitchen features custom cherry wood cabinetry, brushed nickel hardware, premium stone countertops, and top-of-the-line stainless steel appliances perfect for both daily living and entertaining. The powder room and both upstairs baths have been fully renovated with high-end designer finishes and luxury fixtures, creating spa-like retreats within your own home. Ideally situated just minutes from world-class beaches, popular shops and restaurants, and the prestigious Pepperdine University, this home offers both convenience and coastal elegance. This is a truly exceptional offering combining style, comfort and value in an unbeatable Malibu location. Don't miss the opportunity to make this remarkable penthouse yours.
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 | 3.0 | 2.0 | 57% |
| Square foot | 1,746 | 1,182 | 76% |
| Lot Size | 117,361 | 66,128 | 52% |
| Price | $1.95M | $1.48M | 81% |
| Price per sq ft | $1.1K | $1.1K | 50% |
| Built year | 1965 | 1974 | 19% |
| HOA | $1261.55 | $1.0K | 62% |
| Days on market | 61 | 207 | 24% |
Apr 16, 2026
$1,950,000
Initial Listing
Oct 8, 2013
$1,005,000
Public Record
Mar 27, 2009
$1,050,000
Public Record
Feb 8, 2008
$750,000
Public Record