24656 Blue Dane Lane, Malibu, California 90265, Malibu, 90265 - 4 bed, 4 bath

24656 Blue Dane Lane, Malibu, California 90265 home-pic-0
ACTIVE$4,950,000
24656 Blue Dane Lane, Malibu, California 90265
4Beds
4Baths
3,932Sqft
15,257Lot

Price Vs. Estimate

The estimated value ($5,382,935.46) is $432,935.46 (8%) higher than the list price ($4,950,000). This property may be underpriced.

Key pros and cons

Top Pros:
Panoramic Ocean & City Views: The property boasts breathtaking views of the Queen's Necklace, Catalina Island, and the ocean, visible from multiple rooms and outdoor entertaining areas, significantly enhancing its appeal.
Top Cons:
Age of Construction: Built in 1978, the property may have older systems or finishes that could require future updates or renovations to align with contemporary luxury standards, despite being well-maintained.

Compared to the nearby listings

Price:$4.95M vs avg $4.44M (+$512,500)56%
Size:3,932 sqft vs avg 2,813 sqft68%
Price/sqft:$1.3K vs avg $1.3K47%

More Insights

Built in 1978 (47 years old).
Condition: Built in 1978, this property is well-maintained but shows significant signs of being outdated in key areas. The kitchen features dark, traditional cabinets, a dated tile backsplash, and older-style Viking appliances. While the primary bathroom includes a unique copper tub and a relatively updated shower, other elements and the overall aesthetic are not modern. Flooring consists of older carpeting, well-maintained hardwood, and older-style tile, and many light fixtures appear dated. The home is functional and livable but requires substantial cosmetic updates to meet current buyer expectations.
Year Built
1978
Close
-
List price
$4.95M
Original List price
$4.95M
Price/Sqft
$1,259
HOA
$250
Days on market
-
Sold On
-
MLS number
25608963
Home ConditionFair
Features
Excellent View: Catalina, City Lights, Coastline, Mountain(s), Ocean
Patio
ViewCatalina,City Lights,Coastline,Mountain(s),Ocean

About this home

With breathtaking views of the Queen's Necklace, Catalina and beyond, this large, single-story 4-bedroom, 3.5 bath home is located at the end of a cul-de-sac on one of the best streets in the highly sought-after Malibu Country Estates. Designed with privacy in mind, the property enjoys a peaceful setting with no neighboring homes looking into the residence. The open floor plan features spacious living, family, and dining rooms that capture natural light and ocean views, while the kitchen connects seamlessly to the entertaining areas. The generous primary suite includes a beautiful bath and direct access to a private patio, with three additional bedrooms offering comfort and flexibility. The well-maintained grounds feature patios and seating areas ideal for entertaining or relaxing around the fire pit while enjoying the privacy and spectacular ocean views. Outside, the yard includes numerous healthy, fruit-bearing citrus trees, adding the joy of fresh citrus from your own garden. Additional highlights include a large three-car garage and the potential for Pepperdine Wave Associates membership. Conveniently located near Pepperdine University, Malibu's beaches, the Country Mart, local dining, shopping, and the Sunday farmers market.

Nearby schools

9/10
Webster Elementary School
Public,K-50.8mi
8/10
Malibu High School
Public,6-126.6mi

Price History

Date
Event
Price
05/03/06
Sold
$2,895,000
Condition Rating
Fair

Built in 1978, this property is well-maintained but shows significant signs of being outdated in key areas. The kitchen features dark, traditional cabinets, a dated tile backsplash, and older-style Viking appliances. While the primary bathroom includes a unique copper tub and a relatively updated shower, other elements and the overall aesthetic are not modern. Flooring consists of older carpeting, well-maintained hardwood, and older-style tile, and many light fixtures appear dated. The home is functional and livable but requires substantial cosmetic updates to meet current buyer expectations.
Pros & Cons

Pros

Panoramic Ocean & City Views: The property boasts breathtaking views of the Queen's Necklace, Catalina Island, and the ocean, visible from multiple rooms and outdoor entertaining areas, significantly enhancing its appeal.
Prime & Private Cul-de-Sac Location: Situated at the end of a cul-de-sac on a highly sought-after street in Malibu Country Estates, the home offers exceptional privacy with no neighboring homes looking into the residence.
Spacious Single-Story Layout: This large, single-story home features an open floor plan with spacious living, family, and dining rooms, including a generous primary suite, providing comfortable and accessible living.
Well-Maintained Outdoor Living & Fruit Trees: The property includes well-maintained grounds with patios, seating areas, a fire pit, and numerous healthy, fruit-bearing citrus trees, ideal for entertaining and relaxation.
Convenient Location & Exclusive Membership Potential: Conveniently located near Pepperdine University, Malibu's beaches, Country Mart, dining, and shopping, with the added potential for Pepperdine Wave Associates membership.

Cons

Age of Construction: Built in 1978, the property may have older systems or finishes that could require future updates or renovations to align with contemporary luxury standards, despite being well-maintained.
Ongoing Association Fees: The property is subject to a monthly association fee of $250, which represents an additional recurring cost for the homeowner.
Lack of Explicit Modern Interior Updates: While the description highlights views and layout, it does not explicitly detail recent comprehensive interior renovations (e.g., kitchen, bathrooms), which might imply some areas could be dated for a property in this price range and age.

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