
Malibu, California 90265
Analysis of 23963 De Ville Way, Malibu, California 90265 is currently available with a list price of $1,875,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 2004 (22 years old), the property is exceptionally well-maintained and move-in ready. It features high-end Viking appliances, dual-zone HVAC with Smart Nest thermostats, and a whole-home water filtration system. While the kitchen cabinetry and travertine bathroom finishes are consistent with the original construction era, the 'beautifully upgraded' status and recent inspections place it firmly in the Good category.
Elementary School: Webster Elementary School (9/10).
Situated in the exclusive gated Toscana community, this home offers sweeping ocean views from the primary suite and is within walking distance to Malibu Country Mart and world-famous beaches.
The interior features premium Viking appliances, a whole-home Halo water filtration system, and a flexible bonus room with a Murphy bed that easily functions as a third bedroom or creative studio.
The association fee is $1,257 per month, which is a significant recurring expense that may impact the budget of fee-sensitive buyers.
With 64 days on the market and three consecutive price reductions, the property has experienced some listing fatigue, suggesting initial pricing may have been above market expectations.
Welcome to coastal living in this beautifully upgraded Malibu townhome with ocean views, located in the exclusive gated Toscana community, just minutes from Pepperdine and the beach. Ideal for those seeking space, privacy, and high-end amenities. The first floor offers a secure 2-car garage with epoxy flooring, overhead storage racks, custom built-in cabinetry, storage closets, and a whole-home Halo water filtration system. The main living level is designed for both everyday living and entertaining, showcasing soaring ceilings, hardwood floors, abundant natural light, and an open floor plan. The formal living room features an elegant gas fireplace and balcony, while the dining room flows seamlessly into the chef's kitchen with Viking appliances, center island, breakfast bar, pantry, and generous prep space. A versatile bonus room with closets and a king-size Murphy bed can easily function as a third bedroom, guest suite, office, gym, or creative studio. It opens directly to a private, fully fenced backyard featuring newly refreshed landscaping, a grassy lawn, mature greenery, and a built-in gas line ready for a grill or fire pit. A stylish guest bathroom and statement chandelier complete the main level. Upstairs, the primary suite captures sweeping ocean views from every window - including the bedroom, bathroom, shower, and soaking tub. Highlights include a private balcony, cozy gas fireplace, and oversized walk-in closet with custom built-ins, and a spacious spa-inspired bathroom finished in timeless travertine stone. The second bedroom enjoys its own private bathroom and balcony with mountain views. An upstairs office/sitting room with skylight and an oversized laundry room with sink and abundant storage provide additional functionality. Dual-zone A/C and heating systems allow for independent climate control on each floor, ensuring personalized comfort year-round. Smart Nest thermostats provide remote temperature control, and the home is pre-wired for ADT security for added peace of mind. Recent environmental testing and HVAC inspections are available, reflecting a clean and well-maintained home. Residents of the highly sought-after 22-unit gated community of Toscana enjoy access to a clubhouse, fitness center, heated pool and spa, beautifully landscaped grounds, security, and controlled entry. A pedestrian and bike path provides convenient access to Malibu Country Mart, Surf Canyon, Cross Creek, Bluffs Park, Malibu's world-famous beaches, and Pepperdine. With ocean views, flexible living spaces, private outdoor areas, and an unbeatable Malibu location, this home offers the perfect combination of luxury, comfort, and convenience.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-12 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,290 | 1,272.667 |
| Lot Size | 156,951 | 88,350.5 |
| Price | $1.88M | $1.62M |
| Price per sq ft | $819 | $1.2K |
| Built year | 2004 | 1978 |
| HOA | $1257.0 | $1.1K |
| Days on market | 97 | 83 |
Aug 7, 2026
$1,875,000
$1,895,000
-1% Price Drop
Initial Listing
Jun 24, 2026
$1,895,000
$1,948,000
-3% Price Drop
Initial Listing
Jun 18, 2026
$1,948,000
$1,975,000
-1% Price Drop
Initial Listing
Jun 4, 2026
$1,975,000
Initial Listing
Feb 3, 2021
$1,600,000
Public Record
Jul 8, 2015
$1,400,000
Public Record
Apr 19, 2005
$1,475,000
Public Record
Apr 28, 2004
$478,500
Public Record